Underwriter, Excess Casualty

Chubb•Irvine, CA

21h

About The Position

Chubb Commercial Insurance is seeking a motivated, results-oriented Excess Casualty Production Underwriter to support the Arizona territory. The underwriter will grow and underwrite a book of business with diverse client profiles and operations, while developing meaningful long-term relationships across an agency assignment. The role works closely with Commercial Insurance resources, including local colleagues, the Territory Underwriting Manager, Industry Practice and Line of Business leaders, and Home Office personnel. The position is responsible for profitable growth and retention of its assigned portfolio, including a new-business production goal of approximately $1.5 million in Excess Casualty business. The underwriter will build a prospect pipeline, maintain strong marketplace visibility, achieve pre-bind metrics, meet renewal goals, coordinate value-added service plans, and identify opportunities to cross-sell Chubb products and solutions.

Requirements

Bachelor’s degree or greater.
At least 2 years of commercial underwriting experience.
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 a focus on building and developing external relationships.
Ability to prepare effectively for meetings and efficiently drive objectives.
Strong technical underwriting skills, including exposure and control analysis, coverage forms and policy structure, loss picks and profitability analysis, and rating.
Ability to work efficiently in a fast-paced team environment.
General understanding of the underlying insurance business and regulatory environment, with strong adherence to underwriting authority.
Proficiency in Microsoft Office Suite.

Nice To Haves

Commercial underwriting experience in the core middle-market property and casualty segment.

Responsibilities

Establish and develop relationships with key distribution partners to drive submission activity in desired industry segments.
Manage the profit, growth, and retention of the assigned book of business.
Meet or exceed an approximately $1.5 million Excess Casualty new-business production goal while maintaining portfolio profitability and adhering to underwriting authority and strategies.
Achieve desired pre-bind metrics, including submissions, quote ratio, hit ratio, and efficiency ratio, to support profitable growth and production goals.
Develop a prospect pipeline equal to five times the new-business production goal with assigned distribution partners, using company prospecting tools and maintaining visibility through 12 or more external visits per month.
Work with the Underwriter Associate to meet or exceed rate, exposure, and retention goals for the renewal book.
Retain key assigned branch accounts and lead coordination of Loss Control, Claims, and other value-added service plans for service-level accounts.
Develop client relationships and understand products in order to cross-sell Chubb products and solutions through agent, broker, and existing client relationships.
Develop and maintain internal relationships with the local branch, Territory Underwriting Manager, Line of Business and Industry Practice leaders, and Home Office personnel.