Senior Underwriter Commercial Insurance Specialty
Senior Underwriter Commercial Insurance Specialty
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Salary Not Disclosed
1 Vacancy
Job Description
Senior P&C Underwriter Commercial Insurance
Chubb Commercial Insurance is currently seeking a skilled Core Commercial Underwriter to join the Middle Market Commercial Insurance team in Chicago.
Position Description:
Commercial Insurance writes companies with revenues up to $1B including both guaranteed cost and loss sensitive program structures. As a Senior Underwriter responsibilities including a renewal book of $89M and generating new business of approximately $1.52M annually. The position will be responsible for driving profitable growth with Chicago agents and brokers. Products include Package Property General Liability Auto Workers Compensation Umbrella/Excess and Foreign. The Underwriter will be charged with directly underwriting and growing a book consisting mainly of Manufacturing Professional Services Cultural Institutions Real Estate Wholesale Food and Other services. We are looking for a candidate who is highly motivated results oriented with solid business and underwriting acumen.
Responsibilities
The Production Underwriter will:
- Establish relationships with key trading partners and drive submission activity across assigned Agents and Brokers in our desired industry segments.
- Be responsible for profit growth and retention of assigned book.
- Develop and negotiate price coverage terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- Maintain and develop relationships with the branch our brokers and clients.
- Develop a prospect pipeline with our major trading partners and engage other business units for crossselling opportunities.
- In conjunction with Underwriting Associate retain key assigned renewals and lead coordination of Loss Control and Claims Service plans for service level accounts.
Qualifications
DesiredQualifications:
- Bachelors Degree
- Property and Casualty Underwriting experience preferably in the core middle market segment; high degree of proficiency with underwriting process with solid background in risk analysis.
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
- Strong communication interpersonal and time management skills.
- Presentation and Public speaking skills.
- Strong negotiation skills.
- Knowledge and understanding of current insurance marketplace conditions.
- Understanding and adherence to organizational and regulatory rules and ability to adhere to underwriting authority.
- Understanding of Workers Compensation General Liability Property Umbrella and Auto Liability Insurance coverage terms and conditions.
- Proficiency in Microsoft Office Suite
Required Experience:
Senior IC
Employment Type
Full-Time
