Commercial Renewal Underwriter - Commercial Insurance Specialty
Commercial Renewal Underwriter - Commercial Insurance Specialty
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$ 59000 - 93500
1 Vacancy
Job Description
Chubb Commercial Insurance is looking for an applicant to fill the position of Commercial Renewal Underwriter Property and Casualty. This Underwriter would be responsible for underwriting an assigned book of business and would service between three and six of the 14 branches in the Midwest region.
Commercial Insurance writes companies with revenues up to $1B including both guaranteed cost and loss sensitive program structures. This underwriter will be charged with directly underwriting and growing a book consisting mainly of middle market business.
The position will be charged with building strong relationships with their assigned agency/broker plant to retain accounts and will work closely with the respective Commercial InsuranceManagers Industry Practice Leaders Territory Underwriting Managers and Home Office line of business leadersto position this portfolio within Commercial Insurance for growth and profit.This role is also responsible for writing new business through cross sell and account rounding.
Responsibilities
The Renewal Underwriter will:
- Underwrite primarily renewalsfor an assigned book of business.
- Establish relationships with key trading partners and drive strong accountretentionactivity across assigned territory.
- Be responsible for profit growth and retention of assigned book.
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- In conjunction with the Underwriter Associate retain key assigned renewals and lead coordination of Risk Engineering& Claims Service where needed.
- Maintain and develop relationships with the branch our agents brokers and clients.
Competencies/Technical Skills:
- Proven ability to successfully negotiate on all levels and develop producer relationships
- Demonstrate ability to analyze risks prioritize the gathering of underwriting data and clearly communicate a well thought out underwriting approach
- Excellent communication and documentation skills required
- Ability to work independently show initiative while demonstrating strong collaboration skills in a team environment
- Strong time and desk management skills
- Working knowledge of Microsoft Office Suite as well as other businessrelated software
Qualifications
- Bachelors degree
- 13 years of underwriting experience
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
- Presentation and public speaking skills
- Strong negotiations 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 property and casualty insurance coverage terms and conditions.
- Proficiency in Microsoft Office Suite
- Local broker and insurance marketplace relationships preferred but not required.
The pay range for the role is $59000 to $93500. The specific offer will depend on an applicants skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package more details on which can be foundon our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Employment Type
Full Time
