Senior Underwriter, Energy

Chubb•Chicago, IL

About The Position

Chubb's Energy Practice is seeking a Senior Underwriter to join their Commercial Insurance team. This high-impact role focuses on growing a Property and Casualty book of business, including Package, Automobile, Pollution, Workers’ Compensation, Umbrella, and International lines. The Senior Underwriter will manage a book of business valued at approximately $7-10 million in their assigned territory, focusing on developing book growth, maintaining strong relationships, and implementing profitable pricing strategies. Accountability for the financial performance and branch growth is key. The role involves identifying growth opportunities within new and existing production sources, cross-selling, conducting agency planning, and regular broker and insured visits. Strong sales, marketing, negotiation, and underwriting skills are essential, as is effective desk management and the ability to interact effectively with customers and coworkers. Knowledge of underwriting technical issues, compliance, coverage, products, pricing, and strategies is required. A results-oriented, entrepreneurial, and self-motivated individual who can work collaboratively in a team environment is desired. This role also includes responsibility for the professional development, retention, and performance assessment of team members.

Requirements

3+ years underwriting experience within the Energy industry and/or Commercial experience with a desire to specialize in the Energy sectors of Power Generation, Petroleum, and Mining
Experience with multiple lines of insurance
Bachelor’s degree
Knowledge of insurance industry
Knowledge of underwriting concepts, practices, and procedures
Microsoft Word, Excel, and Outlook
Oral and written communication skills
Negotiation skills
Marketing skills-Broker and Client
Leadership skills
Strong sales and marketing skills along with the ability to position accounts and close deals.
Demonstrated success in marketing, producer/book management and new business development.
High proficiency with the underwriting process and risk analysis.
Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.

Nice To Haves

Multi-line experience is encouraged.

Responsibilities

Manage approximately a $7-10 million book of business in their assigned territory.
Develop book growth.
Maintain superior internal and external relationships.
Implement effective and profitable pricing strategies.
Achieve growth for the branch.
Identify opportunities for growth within new and existing production sources.
Identify cross-sell opportunities.
Conduct agency planning/goal setting.
Make regular broker and insured visits based on monthly goals.
Negotiate on all levels with both internal and external partners.
Nurture key producer relations.
Manage desk effectively.
Interact effectively with customers and coworkers at all levels.
Be responsible for the professional development, retention, and performance assessment of team members.