Executive Underwriter, Property

ChubbMilwaukee, WI
67d

About The Position

The Commercial Insurance Division is seeking to fill a Property Underwriter position in Milwaukee. The primary focus of the position will be Monoline Property, Builders Risk, and various other coverages for a wide variety of customer types. The underwriter's primary focus will be new business production, while managing an existing renewal book.

Requirements

  • Bachelor's degree in Finance, Business, Risk Management, or a related field.
  • 1-3 years of experience in property underwriting, preferably in the wholesale or middle market sector.
  • Strong knowledge of property insurance products, coverage options, and underwriting principles.
  • Excellent analytical skills with the ability to assess complex risks and make sound decisions.
  • Exceptional communication and interpersonal skills, with a proven ability to build relationships.
  • Ability to work independently and as part of a team in a fast-paced environment.

Responsibilities

  • Drive financial performance of a Commercial book of business comprised of Monoline Property in Milwaukee and the Midwest region.
  • Underwrite and negotiate a portfolio of Commercial business in various industries with responsibilities for new and renewal business.
  • Meet or exceed financial goals including rate, growth, profit, retention, and new business.
  • Predominantly responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers.
  • Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients.
  • Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery.
  • Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory.
  • Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives.
  • Utilize agency travel to help build a robust property prospect pipeline.

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What This Job Offers

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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