Senior Underwriter, Commercial Insurance Specialty

Chubb • Los Angeles, CA

44d • $100,000 - $165,000

About The Position

Position Responsibilities: Financial performance, including profit, rate, retention, and growth, of a book of mid-market multi-line Commercial business. Responsibilities include a new business goal of $1.5M each year. Identifying opportunities for growth within new and existing production sources and developing and executing a new business growth strategy including developing prospects. Successful market penetration and agency management including building, maintaining and managing producer and customer relationships. Developing agency strategy and goals with continual monitoring of progress. Identifying cross sell opportunities within commercial products and services. Soliciting, selecting and analyzing risk within Chubb Commercial Insurance guidelines and ensuring proper documentation. Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities. Meeting with producers and new and renewal customers to make sales presentations including product education and new product roll out. Collaborating with underwriters, operations, claims, marketing and home office product management. Consistently meeting service standards. Collecting and sharing industry intelligence with team, including industry trending and development.

Requirements

• Bachelor's degree or equivalent experience.
• 5+ years underwriting experience preferred.
• Solid knowledge of specialty commercial underwriting and insurance industry theories and practices.
• 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.
• Ability to effectively interact with all levels of internal and external business partners.
• Experience developing and executing on marketing plans and prospects.
• Ability to be creative and adaptable in a changing business environment.
• Sound, balanced and timely decision-making skills.
• Knowledge of Microsoft Office Suite as well as other business-related software.

Responsibilities

• Financial performance, including profit, rate, retention, and growth, of a book of mid-market multi-line Commercial business.
• Responsibilities include a new business goal of $1.5M each year.
• Identifying opportunities for growth within new and existing production sources and developing and executing a new business growth strategy including developing prospects.
• Successful market penetration and agency management including building, maintaining and managing producer and customer relationships.
• Developing agency strategy and goals with continual monitoring of progress.
• Identifying cross sell opportunities within commercial products and services.
• Soliciting, selecting and analyzing risk within Chubb Commercial Insurance guidelines and ensuring proper documentation.
• Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities.
• Meeting with producers and new and renewal customers to make sales presentations including product education and new product roll out.
• Collaborating with underwriters, operations, claims, marketing and home office product management.
• Consistently meeting service standards.
• Collecting and sharing industry intelligence with team, including industry trending and development.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 5,001-10,000 employees