Senior Underwriter, Financial Institutions
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Job Location:
Walnut Creek, CA - USA
Monthly Salary:
$ 100000 - 165000
Posted on:
31-10-2025
Vacancies:
1 Vacancy
Job Summary
We are seeking a highly motivated and results-oriented Financial Institutions Senior Underwriter to join our team. This role involves managing a renewal book and generating new business with a focus on underwriting Financial Institutions business for Package Workers Compensation Auto General Liability Umbrella and International programs. The position will be based in our Walnut Creek branch.
The position will be responsible for developing and implementing a business plan to grow the Financial Institutions book through prospect identification and pipeline development new business production and account management with defined set of agents within Northern California and the Pacific Northwest.
The Financial Institutions Senior Underwriter will have accountability for the financial performance of the book of business achieving growth for the branch region and territory. They will identify opportunities for growth within new and existing production sources identify cross sell opportunities conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits.
Position Responsibilities:
- Oversee the financial performance of a portfolio focusing on profit rate retention and growth. Target new business production of $1.3m to $1.7m and manage a renewal portfolio effectively.
- Develop and negotiate pricing coverage terms and conditions for all new business and renewals. Implement effective and profitable pricing strategies while adhering to underwriting guidelines.
- Establish and maintain superior relationships with key trading partners agents brokers and clients. Conduct regular broker and insured visits to drive submission activity and market penetration.
- Develop and implement a business plan to grow the Financial Institutions book through prospect identification pipeline development and strategic market penetration. Identify cross-sell opportunities and conduct agency planning and goal setting.
- Work effectively with Underwriting Associates Risk Consulting and Claims service teams to retain key renewals and enhance service delivery.
- Collect and share industry intelligence including trends and developments to inform strategic decisions and maintain a competitive advantage.
Qualifications
- Bachelors degree or equivalent experience.
5 years of commercial multi-line underwriting experience preferably in Financial Institutions P&C placements.
Solid knowledge of specialty commercial underwriting and insurance industry theories and practices.
Demonstrated technical expertise and product specific knowledge with experience handling commercial insurance lines.
Strong analytical skills including financial analysis.
Demonstrated proficiency in sales marketing and negotiation.
Strong interpersonal communication and relationship building skills.
Ability to effectively interact with all levels of internal and external business partners.
Experience developing and executing on marketing plans and prospects.
Ability to be creative and adaptable in a changing business environment.
Sound balanced and timely decision-making skills.
Knowledge of Microsoft Office Suite as well as other business-related software.
The pay range for the role is $100000 to $165000. 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.
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
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.
