Executive Underwriter, Energy

Chubb•Boston, MA

About The Position

Chubb's Natural Resources Practice is seeking an Executive Underwriter to join their Commercial Insurance team. This high-impact role focuses on growing a Property and Casualty book of business including Package, Automobile, Pollution, Workers’ Compensation, Umbrella, and International lines. The Executive Underwriter will manage a book of business valued at approximately $10 million within their assigned territory. Key responsibilities include driving book growth, maintaining strong internal and external relationships, and implementing profitable pricing strategies. The role also involves accountability for the financial performance and growth of the book of business for the branch. The ideal candidate will identify growth opportunities within new and existing production sources, recognize cross-sell potential, conduct agency planning and goal setting, and perform regular broker and insured visits.

Requirements

7+ years’ underwriting experience within the Natural Resources industry and/or Commercial Insurance experience with a desire to specialize in the Natural Resources sectors of Power Generation, Petroleum, and Mining
Experience with multiple lines of insurance
Bachelor’s degree
Knowledge of underwriting concepts, practices, and procedures
Microsoft Word, Excel, and Outlook
Oral and written communication skills
Negotiation skills
Marketing skills-Broker and Client
Leadership skills
Strong sales and marketing skills along with the ability to position accounts and close deals.
Demonstrated success in marketing, producer/book management and new business development.
High proficiency with the underwriting process and risk analysis.
Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.
Results orientation, entrepreneurial spirit, business acumen, self-motivation and strong ability to work in a collaborative team environment.

Nice To Haves

Multi-line experience is encouraged.

Responsibilities

Manage approximately a $10 million book of business in their assigned territory.
Develop book growth.
Maintain superior internal and external relationships.
Implement effective and profitable pricing strategies.
Achieve growth for the branch.
Identify opportunities for growth within new and existing production sources.
Identify cross-sell opportunities.
Conduct agency planning/goal setting.
Make regular broker and insured visits based on monthly goals.
Negotiate on all levels with both internal and external partners.
Nurture key producer relations.
Manage desk effectively.
Effectively interact with customers and coworkers at all levels.
Responsible for the professional development, retention, and performance assessment of team members.