Senior Underwriter, Commercial Insurance Specialty

Senior P&C Underwriter Chicago Commercial Insurance

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.

Chubb Commercial Insurance is currently seeking a skilled Core Commercial Underwriter to join the Middle Market Commercial Insurance team in Chicago.

Position Description:
Commercial Insurance writes companies with revenues up to $1B, including both guaranteed cost and loss sensitive program structures. As a Senior Underwriter, responsibilities including a renewal book of $7M - $8M and generating new business of approximately $1-1.5M annually. The position will be responsible for driving profitable growth with Chicago agents and brokers. Products include Package, Property, General Liability, Auto, Worker’s Compensation, Umbrella/Excess and Foreign. The Underwriter will be charged with directly underwriting and growing a book consisting mainly of Manufacturing, Professional Services, Cultural Institutions, Real Estate, Wholesale, Food and Other services. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.

Responsibilities

The Production Underwriter will:

• Establish relationships with key trading partners and drive submission activity across assigned Agents and Brokers in our desired industry segments.
• Be responsible for profit, growth, and retention of assigned book.
• Develop and negotiate price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
• Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
• Maintain and develop relationships with the branch, our brokers and clients.
• Develop a prospect pipeline with our major trading partners and engage other business units for cross-selling opportunities.
• In conjunction with Underwriting Associate, retain key assigned renewals and lead coordination of Loss Control and Claims Service plans for service level accounts.