Underwriter, Surety

Chubb • Chicago, IL

10h • $82,000 - $118,000

About The Position

Under supervision, the Underwriter is accountable for managing and underwriting a portfolio of commercial surety accounts, as well as developing and maintaining agency and broker relationships within territory to generate new business opportunities.

Requirements

• Under supervision, the Underwriter is accountable for managing and underwriting a portfolio of commercial surety accounts.
• Developing and maintaining agency and broker relationships within territory to generate new business opportunities.
• Utilizing a broad range of financial expertise, industry knowledge, and business acumen.
• Identifying risk exposures, special or common hazards, and appropriate controls.
• Demonstrates independent decision making.
• Demonstrated leadership qualities.
• Takes responsibility for the fulfillment of department goals established for profit, service, and relationship management.
• Uses discipline and available underwriting and pricing tools to reduce risk profile across a wide spectrum of business, and to manage costs in order to meet targeted profitability metrics.

Nice To Haves

• Will learn to manage the underwriting process.
• Will develop awareness of industry trends and external economic factors.
• Will learn to identify risk exposures, special or common hazards, and appropriate controls.

Responsibilities

• Solicits new and renewal submissions from brokers while basing communications on strategic thinking and broader producer strategies.
• With the guidance of management, will learn to manage the underwriting process by utilizing a broad range of financial expertise, industry knowledge, and business acumen. Drives the dual underwriting process by providing intelligent, well thought out recommendations and company analyses.
• Will develop awareness of industry trends and external economic factors, and extrapolates what the impact of such trends and factors will be on our business and our customers’ business. Changes tactics or strategies to reflect such trends.
• Will learn to identify risk exposures, special or common hazards, and appropriate controls.
• Enhance the Company’s presence in assigned territories via relationship building with both internal and external customers, and by providing superior service to both internal and external stakeholders.
• Demonstrates independent decision making, and has demonstrated leadership qualities.
• Takes responsibility for the fulfillment of department goals established for profit, service, and relationship management with branches, home office, producers, accounts, competitors and other Chubb departments.
• Uses discipline and available underwriting and pricing tools to reduce risk profile across a wide spectrum of business, and to manage costs in order to meet targeted profitability metrics.

Benefits

• equal employment opportunity
• compliance with all laws and regulations pertaining to it
• 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.
• prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed