Lower Middle Market Underwriter

Chubb • Los Angeles, CA

9d • $85,000 - $130,000

About The Position

The Lower Middle Market (LMM) Entertainment Underwriter has responsibility for new and renewal business for their own book of business based in Los Angeles. The position will be responsible for driving profitable growth with specific entertainment brokers in the Los Angeles region. Lines of business include entertainment packages, property, general liability, automobile, umbrella, international and workers' compensation. 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 Commercial Insurance practices. Collaborating with underwriters, operations, claims, risk engineering, marketing, and home office management is necessary. Must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.

Requirements

• Experience in multi-line package underwriting is preferred.
• Strong sales and marketing skills are critical; able to position accounts and close deals.
• Candidate must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners.
• Teamwork, communication, and negotiation skills required.
• Candidate will need a solid background in risk analysis and experience with complex accounts.
• Possess a high degree of proficiency with the underwriting process and partner effectively with an Underwriting Associate.
• Candidate must have exemplary ability to effectively interact with all levels of customers and coworkers.
• Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.
• The ability to be creative and adaptable in a changing business environment.
• Sound decision making skills required.
• Bachelor’s degree or equivalent experience
• Underwriting experience preferred
• Knowledge of specialty commercial underwriting and insurance industry theories and practices preferred.
• Experience writing production packages which can include coverage for property, liability, cast, equipment and other risks unique to the entertainment industry preferred.
• Demonstrated technical expertise and product specific knowledge with experience handling commercial insurance lines.
• Strong analytical skills including financial analysis.
• Demonstrated proficiency in sales, marketing and negotiation.
• Strong interpersonal, communication and relationship building skills.

Responsibilities

• Developing and negotiating price, coverage, terms and conditions for all new business and renewals
• Actively identifying account rounding opportunities for other Chubb Commercial Insurance practices
• Collaborating with underwriters, operations, claims, risk engineering, marketing, and home office management
• Implementing and managing effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations

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: Mid Level
• Number of Employees: 5,001-10,000 employees