Executive Underwriter, Commercial Insurance Specialty
About The Position
Chubb is currently seeking a skilled Core Commercial Underwriter to join its Middle Market Commercial Insurance practice in New York City. As an Executive Underwriter, responsibilities including a renewal book of $7M - $8M and generate new business of approximately $1-1.5M annually. The position will be responsible for driving profitable growth with New York City agents and brokers. Products include Package, Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess and Foreign. Programs are guaranteed cost and Loss Sensitive structures. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen. Candidate will have experience in both Property & Casualty lines of business. Familiarity with global programs is a plus Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships Ability to identify opportunities for growth within new and existing production sources
Requirements
- Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit
- Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis
- Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
- Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected
- At least 10 years of P&C Underwriting Experience
- Must have proven marketing and negotiation skills
- Strong communication, interpersonal and time management skills
Nice To Haves
- Familiarity with global programs is a plus
Responsibilities
- renewal book of $7M - $8M
- generate new business of approximately $1-1.5M annually
- driving profitable growth with New York City agents and brokers
- developing and negotiating price, coverage, terms and conditions for all new business and renewals
- actively identifying account rounding opportunities for other Chubb practices
- implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations
- agency and broker management, including building, maintaining, and managing producer and customer relationships
- Ability to identify opportunities for growth within new and existing production sources
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.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Industry
Insurance Carriers and Related Activities
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
