Underwriter, Commercial Insurance Specialty
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Chubb is seeking a skilled Commercial Lines Underwriter to join its Middle Market Commercial Insurance team in our Portland 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.
- 1-3 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
Key Skills
- Time Management
- GIS
- Typing
- Microsoft Office
- Microsoft Access
- Microsoft Outlook
- Workers' Compensation Law
- Benefits Administration
- Underwriting
- Administrative Experience
- negotiation
- Aviation Experience
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
