Underwriter, Commercial Insurance Specialty
Underwriter, Commercial Insurance Specialty
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$ 101300 - 172200
1 Vacancy
Job Description
Chubb is seeking a skilled Commercial Lines Underwriter to join its Middle Market Commercial Insurance team in our Walnut Creek Branch. This role involves managing a renewal book and generating new business with a focus on driving profitable growth through collaboration with assigned agents and brokers. The product portfolio includes Package Property General Liability Auto Workers Compensation Umbrella/Excess and International programs featuring both guaranteed cost and Loss Sensitive structures. We are looking for a highly motivated results-oriented candidate with strong business and underwriting acumen.
Position Responsibilities:
- Oversee the financial performance including profit rate retention and growth of a portfolio of Middle Market Multi-Line Commercial P&C Business. New Business Target of $1.3m to $1.6m and Renewal portfolio of approximately $7m in value.
- Develop and negotiate pricing coverage terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
- Implement and manage effective pricing and rate strategies to ensure profitability book growth and successful producer relations.
- Identify growth opportunities within new and existing production sources and develop and execute a strategic plan for new business growth including prospect development.
- Achieve successful market penetration and manage agency relationships by building maintaining and nurturing producer and customer connections.
- Conduct sales presentations including product education and new product rollouts with producers and new and renewal customers.
- Collaborate with underwriters operations claims marketing and home office product management.
- Consistently meet service standards.
- Collect and share industry intelligence with the team including trends and developments.
Qualifications
- Bachelors degree or equivalent experience.
- Preferably 3 years of underwriting experience.
- Proven marketing and negotiation skills.
- Strong communication interpersonal and time management skills.
- Experience in both Property & Casualty lines of business; familiarity with global programs is a plus.
- Strong sales and marketing skills with demonstrated success in agency and broker management.
- Ability to identify opportunities for growth within new and existing production sources.
- Proficiency in the underwriting process with a solid background in risk analysis.
- Strong analytical skills including financial analysis.
- Excellent interpersonal communication and relationship-building skills.
- Ability to effectively interact with all levels of internal and external business partners.
- Knowledge of marketing principles pricing/rate strategies and their application to achieve underwriting profit.
- Proficiency in Microsoft Office Suite and other business-related software
The pay range for the role is $101300 to $172200. 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
