Sr. Commercial Renewal Underwriter

Chubb • Philadelphia, PA

4d

About The Position

As a Senior Insurance Property and Casualty Underwriter, you will play a
critical role in the underwriting support process for renewal business
applications and new business opportunities within the small to mid-market
segment. You will leverage your extensive knowledge of commercial insurance
products—including auto, property, general liability, workers' compensation, and
Excess/Umbrella to assess risk, develop competitive pricing, and lead
underwriting initiatives. This position entails mentoring junior underwriters,
collaborating cross-functionally, and contributing to strategic decision-making
in underwriting policies.

Chubb is a world leader in insurance. With operations in 54 countries, Chubb
provides commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance, and life insurance to a
diverse group of clients. The company is distinguished by its extensive product
and service offerings, broad distribution capabilities, exceptional financial
strength, underwriting excellence, superior claims handling expertise and local
operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with
all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Responsibilities

• Oversee and manage the underwriting process for complex commercial accounts, ensuring adherence to company guidelines while assessing risk and exposure for auto, property, general liability, workers' compensation, and Excess/Umbrella.
• Utilize advanced analytical skills to evaluate risk factors, loss history, and market trends to make informed underwriting decisions that align with the organization's Industry Practice strategic goals.
• Develop and maintain relationships with brokers and agents, offering exceptional service and acting as a key point of contact for underwriting inquiries.
• Provide mentorship and guidance to junior underwriters; facilitate training sessions and knowledge sharing to enhance team capabilities.
• Participate in the development and refinement of underwriting policies, processes, and pricing strategies based on industry trends and company objectives.
• Collaborate with cross-functional teams, including claims, risk management, and product development, to improve service delivery and enhance client satisfaction.
• Actively engage in business development initiatives, identifying opportunities for growth within existing portfolios and contributing to new business efforts.
• Monitor regulatory changes and industry best practices, ensuring compliance and alignment with current standards in underwriting practices.
• Prepare and present detailed reports on underwriting performance metrics and market analysis to senior management, aiding in strategic decision-making.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees