- Senior
- Ufficio in Chicago
We are seeking an Executive Underwriter to join our National Private Equity Practice for our Financial Lines / Private and Not-for-Profit Insurance Products. The PNP Underwriter will be accountable for the growth and profitability of private equity-backed accounts for the Midwest Region. This position is salary grade flexible based on the successful candidate's experience.
Personal Book of Business:
- Financial performance, including profit, rate, retention, and growth, of a personal book of business consisting of D&O, EPL, Fiduciary, Employed Lawyers, Crime, K&R/Extortion, and Workplace Violence lines of business.
- Successful market penetration and agency management including building, maintaining and managing producer and customer relationships
- Developing personal agency strategy and goals with continual monitoring of progress
- Identifying cross sell opportunities within commercial products and services on personal book of business
- Soliciting, selecting and analyzing risk within PNP guidelines and ensuring proper documentation
- Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities
- Meeting with producers and renewal customers to make sales presentations including product education and new product roll out
- Collaborating with underwriters, operations, claims, marketing and home office product management
- Consistently meeting service standards
- Collecting and sharing industry intelligence with team, including industry trending and development
Qualifications
Knowledge, Skills and Abilities:
- Demonstrated technical expertise in Financial Lines/Management Liability insurance products
- Strong analytical skills
- Demonstrated proficiency in sales, marketing and negotiation
- Strong interpersonal, communication and negotiation skills
- Ability to effectively interact with all levels of internal and external business partners
- Experience developing and executing on marketing plans and prospects
- Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies
- Sound, balanced, and timely decision-making skills
- Knowledge of Microsoft Office Suite as well as other business-related software
Education and Experience:
- Bachelor's degree or equivalent experience
- Minimum 5 years’ experience in Private Management Liability Underwriting
- Private equity-backed business experience preferred, but not required
- Executive Underwriter
The pay range for the role is $110,000 to $170,500. 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.
