- Senior
- Office in Denver
Chubb is seeking a Senior Underwriter to join our Southwest public company underwriting team. The ideal Underwriter will have experience handling financial lines products for public and/or private companies.
Key Accountability:
This role will play a critical role in the growth and profitability of a large, complex book of public company business. The Senior Underwriter will handle new and renewal business, maintain and develop broker/agent relations and collaborate with Chubb retail branches for purposes of business and market development.
Major Job Functions:
- Utilizes appropriate skills and tools to underwrite large, complex new and renewal business. Conducts in-depth underwriting research and analysis – including company operations, financials, loss trends, and emerging risks – to determine the best course of action on a risk specific basis.
- Develops and executes effective strategies to generate profitable business growth. Collaborates with branch, peers and Financial Lines management on new business and retention opportunities.
- Serves as the point person for managing assigned key account relationships and expectations. Maintains a high level of visibility through proactive account management, communication and visitation.
- Prospects and markets for new business, drives account rounding and identifies cross-selling and alliance opportunities.
- Maintains underwriting quality standards. Includes appropriate file documentation relating to final underwriting decision.
- Supports and collaborates on branch agency management activities, including agency analysis, planning, goal setting, education and market engagement as well as branch sales and marketing initiatives. Develops and/or participates in agent education events including CE courses and product fairs.
- Manages assigned broker/agency relationships and expectations. Leads and/or participates in agency analysis and planning. Develops and executes an effective agency strategy to grow the business.
Critical Competencies:
- Underwriting Acumen: Demonstrates deep technical knowledge of Financial Lines products, competitors and marketplace. Exhibits rigor and expertise in underwriting large, complex Management Liability risks.
- Account Management: Demonstrated ability to build strong key account relationships and manage customer expectations in changing market conditions. Proven track record promoting business retention and profitable growth.
- Deal-Making and Negotiation: Proven ability to find creative solutions that insureds and producers need while adhering to company/ Financial Lines underwriting strategies.
- Sales and Marketing: Working knowledge of Financial Lines products and marketplace. Demonstrated ability to market and sell Chubb’s differentiated, value-added coverage and service advantages. Proven prospecting skills and effective use of Financial Lines sales and marketing tools.
- Agency Management: Ability to build strong agency relationships and manage expectations under dynamic market conditions. Willing to frequently meet with brokers and clients.
- Collaboration: Ability to work collaboratively with multiple business units, branch and Home Office stakeholders. Demonstrates effective consultation and partnership skills.
- Communications: Demonstrated ability to manage communications and awareness effectively between various parties of interest, including brokers/agents, Branches, Product Managers and Management Liability Managers.
Qualifications
- Underwriting Acumen: Demonstrates deep technical knowledge of Financial Lines products, competitors and marketplace. Exhibits rigor and expertise in underwriting large, complex Management Liability risks.
- Account Management: Demonstrated ability to build strong key account relationships and manage customer expectations in changing market conditions. Proven track record promoting business retention and profitable growth.
- Deal-Making and Negotiation: Proven ability to find creative solutions that insureds and producers need while adhering to company/ Financial Lines underwriting strategies.
- Sales and Marketing: Working knowledge of Financial Lines products and marketplace. Demonstrated ability to market and sell Chubb’s differentiated, value-added coverage and service advantages. Proven prospecting skills and effective use of Financial Lines sales and marketing tools.
- Agency Management: Ability to build strong agency relationships and manage expectations under dynamic market conditions. Willing to frequently meet with brokers and clients.
- Collaboration: Ability to work collaboratively with multiple business units, branch and Home Office stakeholders. Demonstrates effective consultation and partnership skills.
- Communications: Demonstrated ability to manage communications and awareness effectively between various parties of interest, including brokers/agents, Branches, Product Managers and Management Liability Managers.• 3-5 plus years of experience underwriting or brokering Financial Lines
- Bachelor’s degree or equivalent experience
- Travel up to 15% of the time may be required
- Chubb offices in Denver, Chicago, and Los Angeles may be considered for this role.
The pay range for the role is $80,000 to $120,00. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found at https://careers.chubb.com/global/en/north-america. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Company
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.
