Senior Underwriter, Commercial Insurance Specialty

Chubb•Phoenix, AZ

4d•$102,000 - $148,000•Onsite

About The Position

Chubb Commercial Insurance is seeking a motivated, results-oriented applicant for the position of Core Commercial Property and Casualty Production Underwriter to support the Phoenix branch. This role will focus on companies with revenues up to $1B, handling both guaranteed cost and loss-sensitive program structures. The primary responsibility will be to grow and underwrite a book of business primarily in Manufacturing, Wholesale Distribution, Professional Services, Food, Other/Business Services, Real Estate, and Cultural Institution Middle Market segments. The position also involves marketing all Chubb products to an assigned agency/broker plan to generate opportunities and profitably grow the Commercial Insurance book of business. The role requires close collaboration with local Commercial Insurance resources, the Territory Underwriting Manager, Industry Practice/LOB leaders, and Home Office Personnel.

Requirements

Bachelor’s degree or greater.
2+ years of commercial underwriting experience, preferably in the core middle market property and casualty segment.
Strong understanding of Property, General Liability, Auto, Workers Compensation, Umbrella, and International Lines of Business.
Local Broker and Marketplace relationships.
Strong marketing and negotiation skills with focus on building and developing external relationships.
Demonstrates ability to affectively prepare for meetings to efficiently drive objectives.
Strong technical underwriting skillset in areas including exposure/control analysis, coverage forms and policy structure, loss picks and profitability analysis, and rating.
Ability to work efficiently in a strong, fast paced team environment.
General understanding of underlying insurance business, regulatory environment, and strong adherence to underwriting authority.
Proficiency in Microsoft Office Suite.

Responsibilities

Establish and develop relationships with key distribution partners to drive submission activity in our desired industry segments.
Responsible for profit, growth, and retention of assigned book of approximately $7M to $8M.
Meet or exceed new business production goal of $1.5m while maintaining profitability across assigned portfolio and adhering to authority and underwriting strategies. Includes knowledge and achievement of desired pre-bind metrics (Submissions, Quote Ratio, Hit Ratio, Efficiency Ratio) to facilitate profitable growth and achieve production goals.
Strong Focus on developing a prospect pipeline 5x new business production goal with assigned distribution partners using advanced company prospecting tools and strong marketplace visibility of 12+ external visits per month.
In conjunction with Underwriter Associate, meet or exceed rate, exposure, and retention goals to achieve desired profitability on renewal book by retaining key assigned branch accounts and leading coordination of Loss Control, Claims and other value-added service plans for service level accounts. Includes developing client relationships.
Develop understanding of products and engage with other Chubb Business Units to aggressively cross-sell all Chubb Products and Solutions through agent/broker’s and existing client relationships. Includes but is not limited to, Multi-National, Environmental, Ocean Cargo, Financial Lines, Product-Recall, E&O, A&H, etc.
Develop and maintain internal relationships with local branch, Territory Underwriting Manager, Line of business/Industry Practice Leaders and Home Office personnel.