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Job Details


Combined Insurance Company of America

Executive Underwriter, Foreign Casualty

Executive

Executive Director

No

Chicago, Illinois, 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.

KEY OBJECTIVE:
As a key member of the Chubb Foreign Casualty team, the Executive Underwriter will contribute to the achievement of regional profitability and production results through the growth, development, and underwriting of international casualty programs for U.S. multinational companies and organizations. They will also handle a renewal book of business that they will be expected to maintain at a profitable nature to Chubb. In addition, this position is responsible for establishing and cultivating business relationships with brokers, clients and other relevant spheres of influence within the assigned territory to assure the continued flow of new business opportunities while representing all Foreign Casualty segments and products.

RESPONSIBILITIES:

  • Business Development & Broker Management – Utilize and develop personal and business relationships with P&C brokers and producers to produce new account opportunities for the International Casualty division of Chubb Global Casualty.
  • Territory Management – Execute on the sales and marketing plan for assigned territory, ensuring that monthly broker calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts.
  • Account Targeting – Have an in-depth, up to date knowledge of sales territory and broker-controlled business. Be knowledgeable of existing and historic Chubb business relationships to develop prospects and target list of new business opportunities.
  • Quote to Win – Review new business submissions to understand the nature of the international casualty risk as wells as the incumbent’s current offering - utilize this analysis to produce and deliver winning quote. Deliver on Chubb’s industry-leading multinational capabilities, expertise and service.
  • Maintain and Grow Strong Broker and Client Relationships – Work with brokers and clients to understand and respond to evolving broker & client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure.
  • Understand and Manage Risk – Maintain a strong, profitable book of renewal business. Clearly understand nature of operations, deal structure, quality of information, an understanding of US and local country requirements. Respond in a timely manner to any and all broker and client service requests.
  • Identify opportunities to provide innovative solutions to the Casualty CMP process.