Underwriter, Commercial Surety
Underwriter, Commercial Surety
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$ 71500 - 104500
1 Vacancy
Job Description
Under supervision the Underwriter is accountable for managing and underwriting a portfolio of commercial surety accounts as well as developing and maintaining agency and broker relationships within territory to generate new business opportunities.
Major Duties & Responsibilities:
- Solicits new and renewal submissions from brokers while basing communications on strategic thinking and broader producer strategies
- With the guidance of management will learn to manage the underwriting process by utilizing a broad range of financial expertise industry knowledge and business acumen. Drives the dual underwriting process by providing intelligent well thought out recommendations and company analyses.
- Will develop awareness of industry trends and external economic factors and extrapolates what the impact of such trends and factors will be on our business and our customers business. Changes tactics or strategies to reflect such trends.
- Will learn to identify risk exposures special or common hazards and appropriate controls.
- Enhance the Companys presence in assigned territories via relationship building with both internal and external customers and by providing superior service to both internal and external stakeholders.
- Demonstrates independent decision making and has demonstrated leadership qualities.
- Takes responsibility for the fulfillment of department goals established for profit service and relationship management with branches home office producers accounts competitors and other Chubb departments.
- Uses discipline and available underwriting and pricing tools to reduce risk profile across a wide spectrum of business and to manage costs in order to meet targeted profitability metrics.
Qualifications
Experience & Education:
- Bachelors degree
- 2 years surety underwriting (or comparable) work experience
Desired Qualifications:
- Knowledge of insurance industry
- Knowledge of basic business financial reports
- Microsoft Word Excel and Outlook
- Internet usage
- Oral and written communication skills
- Negotiation skills
- Marketing skills
- Basic leadership skills
- Systems and programs - ability to use systems and software programs needed to conduct daily business.
The pay range for the role is $71500 to $104500. 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 found at 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
