Combined Insurance Senior Commercial Underwriter in United States
Chubb is the world’s largest publicly 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.
/Currently, Chubb is seeking a Middle Market Underwriter within our Des Moines Branch. The ideal Underwriter will have experience handling multi-line commercial products for large public and/or private companies. /
Key Accountability: Responsible for profitable growth of a large, complex book of business. The 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 analysis and determines best course of action on a risk specific basis. • Maintains underwriting quality standards. Includes appropriate file documentation relating to final underwriting decision. • 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. • Develops and executes effective strategies to generate profitable business growth. Collaborates with branch, peers and management on new business and retention opportunities. • Analyzes opportunities and creates business development strategies for assigned book of business. Prospects for new business, drives account rounding and identifies cross-selling and alliance opportunities. • Supports and collaborates on branch sales and marketing initiatives, assisting with new product launches and local marketing campaigns. • Supports and collaborates on branch agency management activities, including agency analysis, planning, goal setting, education and market engagement. • Collaborates with branches to educate agents on products, services, as well as underwriting strategies and product marketing. 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. • Gathers pertinent competitive information to assist in product development recommendations.
Critical Competencies: • Underwriting Acumen: Demonstrates deep technical knowledge of Financial Institutions products, competitors and marketplace. Exhibits rigor and expertise in underwriting large, complex 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 insured and producer needs while adhering to company/ Financial Institutions underwriting strategies. • Sales and Marketing: Working knowledge of commercial 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 Institutions sales and marketing tools. • Agency Management: Ability to build strong agency relationships and manage expectations under dynamic market conditions. • 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.
Education: • 4 year college degree or equivalent work experience. • Requisite complex business underwriting experience varies by level.
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: Senior Commercial Underwriter
Requisition ID: 311100