Commercial Renewal Underwriter, Property

Chubb • Chicago, IL

6d • $85,000 - $130,000

About The Position

Chubb Commercial Insurance is looking for an applicant to fill the position of Commercial Renewal Underwriter - Property. This Underwriter would be responsible for underwriting an assigned book of business and would service between three and six of the 14 branches in the Midwest region branches. Commercial Insurance writes companies with revenues up to $1B . This underwriter will be charged with directly underwriting and growing a book consisting of middle market business. The position will be charged with building strong relationships with their assigned agency/broker plant to retain accounts and will work closely with the respective Commercial Insurance Managers, Industry Practice Leaders, Territory Underwriting Managers and Home Office line of business leaders to position this portfolio within Commercial Insurance for growth and profit.

Requirements

• Bachelor’s degree
• 1-3 years of underwriting experience
• Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
• Presentation and public speaking skills
• Strong negotiations skills
• Knowledge and understanding of current insurance marketplace conditions
• Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
• Understanding of property insurance coverage, terms and conditions.
• Proven ability to successfully negotiate on all levels and develop producer relationships
• Demonstrate ability to analyze risks, prioritize the gathering of underwriting data, and clearly communicate a well thought out underwriting approach
• Excellent communication and documentation skills required
• Ability to work independently, show initiative, while demonstrating strong collaboration skills in a team environment
• Strong time and desk management skills
• Working knowledge of Microsoft Office Suite as well as other business-related software

Nice To Haves

• Local broker and insurance marketplace relationships preferred but not required.
• Proficiency in Microsoft Office Suite

Responsibilities

• Underwrite primarily renewals for an assigned book of business.
• Establish relationships with key trading partners and drive strong account retention activity across assigned territory.
• In conjunction with the Underwriter Associate, retain key assigned renewals and lead coordination of Risk Engineering & Claims Service where needed.
• Meet or exceed growth goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
• Maintain and develop relationships with the branch, our agents, brokers and clients.
• Be responsible for profit, growth and retention of assigned book.

Benefits

• Chubb offers a comprehensive benefits package, more details on which can be found on our careers website .
• This role may also be eligible to participate in a discretionary annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees