Executive Underwriter, Financial Institutions

Chubb•Minnetonka, MN

About The Position

The Commercial Insurance Division is currently seeking an Executive Underwriter, Financial Institutions, to execute growth and underwriting strategies in the Midwest Region. The primary focus of the position will be underwriting and profitably growing Package, Property, General Liability, Auto, Worker’s Compensation, Umbrella/Excess and niche Financial Institution products/coverages for our Financial Institutions customer base. Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Responsibilities

Underwriting and maintaining a renewal book as well as generating new business.
Travel, marketing, pipelining, and prospecting within the Midwest Region, cored in the Minneapolis office; drive submission activity.
Assigned 3‐4 branches within the Midwest region.
Focus on Financial Institutions in the middle market sector.
Account size ranges from small (slightly above BOP) to large complex property schedules and/or sizeable payroll.
Maintain, grow and explore relationships with Midwest Region branches, our agent/brokers and clients.
Collaborate with assigned underwriter associate, local Financial Institutions team leader, the respective Commercial Insurance Manager, and home office to position their assigned book and territory within Commercial Insurance to meet or exceed business goals of profit, growth, retention, and rate.
Maintain high quality standards of service in conjunction with Underwriter Associate.
Be the lead on coordination of Loss Control & Claims Service plans for service level accounts.
Develop and negotiate price, coverage, and terms and conditions for all new business and renewals and actively identify account rounding and cross‐selling opportunities.
Adhere to authority and underwriting strategies and service standards.