Combined Insurance Senior Underwriter, Commercial Insurance 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.
Primary responsibilities include:
• Drive financial performance of a middle market commercial book of business comprised of products, package, umbrella, auto, worker’s compensation, and international coverages. • Influence and drive the business plans for Middle market commercial business across the Metro DC area. • Handle a renewal book of business with total written premium of approximately $5.5 million. Underwriter is typically responsible for an annual new business goal of $1,200,000 to $1,500,000 • Based on experience, assist with referrals and mentoring of junior middle market underwriters and underwriter associates in the DC Region • Lines of business include commercial package, automobile, umbrella, international, and workers' compensation. • Meet or exceed financial goals including growth, profit, retention, and new business. • Meet or exceed service standards. • Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales. • Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery. • Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory. • Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claim examiners, and loss control representatives. • Develop technical expertise of underwriting associates.
Candidates must possess the following required skills in order to be considered for this position:
• Minimum of five years of commercial underwriting experience. Ability to demonstrate strong underwriting skills in property, products & premises liability, umbrella, auto, worker’s compensation, and/or international coverages. • Sound track record in Risk Analysis is essential with a deep understanding of products liability and claims-made trigger concepts.. • Proven track record of building strong business relationships with agents and insureds. • Demonstrated strong written and oral communication skills. • Proven ability in complex account analysis, prioritization, organization and detail orientation. • Proficiency in sales, marketing and negotiation. • Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently. • Knowledge of Microsoft Office Suite as well as other business-related software. • The aptitude to attract and retain profitable business is essential.
Educational and Experiential Requirements:
• Bachelor’s degree or equivalent experience
• Minimum five years of package, monoline property and/or large casualty underwriting experience
This position will be located in Washington, DC
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 Underwriter, Commercial Insurance
Requisition ID: 312556