Commercial Renewal Underwriter - Excess Casualty
About The Position
Review and analyze existing insurance policies up for renewal, assessing risk exposures and determining if terms and pricing remain appropriate. Maintain and manage a book of renewal business, ensuring retention targets and profitability goals are met. Communicate with brokers, agents, and clients to discuss renewal terms, address questions, and negotiate coverage changes. Evaluate claims history, loss trends, and changes in client operations to adjust coverage or pricing as needed. Ensure all renewal documentation, endorsements, and policy changes are accurately processed and compliant with regulatory and company standards. Work closely with other departments (e.g., claims, actuarial, legal) to resolve complex cases and support cross-functional initiatives. Stay updated on market trends, competitor activity, and regulatory changes to inform underwriting decisions. Adhere to Chubb’s underwriting guidelines, authority limits, and compliance requirements. Underwriter will handle between 140 - 160 renewals
Requirements
- 2+ years of insurance experience, preferably in commercial or specialty lines
- Strong analytical and risk assessment abilities
- Proficiency with underwriting systems and Microsoft Office Suite
- Excellent verbal and written communication for broker and client interactions
- Negotiation and relationship management skills
- Detail-oriented, organized, and able to manage multiple renewals simultaneously
- Ability to work independently and as part of a team
Nice To Haves
- Prior experience with renewals or portfolio management is a plus
- Understanding of insurance products, policy language, and regulatory requirements is a plus
Responsibilities
- Review and analyze existing insurance policies up for renewal
- Assess risk exposures and determine if terms and pricing remain appropriate
- Maintain and manage a book of renewal business, ensuring retention targets and profitability goals are met
- Communicate with brokers, agents, and clients to discuss renewal terms, address questions, and negotiate coverage changes
- Evaluate claims history, loss trends, and changes in client operations to adjust coverage or pricing as needed
- Ensure all renewal documentation, endorsements, and policy changes are accurately processed and compliant with regulatory and company standards
- Work closely with other departments (e.g., claims, actuarial, legal) to resolve complex cases and support cross-functional initiatives
- Stay updated on market trends, competitor activity, and regulatory changes to inform underwriting decisions
- Adhere to Chubb’s underwriting guidelines, authority limits, and compliance requirements
Benefits
- 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 on 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
