Combined Insurance Portfolio Underwriter in United States
Chubb is the world’s largest publically traded property and casualty insurer. 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.
As a Personal Risk Services, PRS, Portfolio Underwriter, you are accountable for:
• Individual risk selection for accounts generating an annual premium less than $50,000
• Assuming a producer relationship and account leadership role in the achievement of profit, growth and retention for assigned book of business
• Working closely with key producers on all Portfolio accounts for assigned territories • Assuring that the quality of new business is consistent with PRS’ strategy and prescribed underwriting guidelines as well as catastrophe management objectives • Evaluating account details (contract modifications, writing companies, deductibles, overall account rating structure based on all exposures including up-sell and account rounding opportunities) • Developing technical expertise in the underwriting and pricing of all Portfolio products • Working with the producer and branch to coordinate annual insurance reviews that identify product and service needs of customers • Analyzing customer information and making recommendations for additional coverage and services • Aggressively researching and analyzing industry trends (insurance and customer) to stay current and identifying emerging issues affecting business plans, new product and service opportunities; actively sharing with constituents • Preparing renewal proposals that assist the producers in promoting account retention and growth • Communicating any potential account acquisition or growth issues to branch and Home Office • Coordinating the underwriting, pricing, proposal and placement process for Custom Solutions exposures with Home Office resources • Obtaining quotes and assisting producers with coverage options for exposures written outside of PRS' underwriting platform (International Exposures, Custom Solutions, Flood, EPLI, Workers’ Compensation, Kidnap & Ransom, Boiler & Machinery) • Contributing to the training of staff within the Underwriting Center and Region on Portfolio capabilities • Soliciting and conducting customer visits
_Knowledge, Skills & Abilities_:
• Strong verbal and written communication skills • Strong collaboration and negotiation skills • Creative problem solving skills • Strong technical underwriting skills • In depth knowledge of PRS’ strategies, products and services • Strong history of results and customer service orientation • Ability to create strong Producer, Home Office Underwriting, Marketing, Territory and Branch Manager relationships
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.
Title: Portfolio Underwriter
Requisition ID: 314104