Location: Irvine, CA
Company: Chubb
its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. Chubb is seeking a Commercial Insurance Middle Market Underwriting Team Leader - supporting Irvine and San Diego branch offices, while housed in Irvine, CA.
Position responsibilities: The candidate will operate as part of the Commercial Insurance (CI) Property & Casualty team with leadership responsibilities for profitable growth and staff performance and development of 3-4 branch Underwriters for $ 20MM Branch serviced written premium as part of $ 40MM Core Commercial Package, Work Comp,
Auto, International, Umbrella /Excess, Cargo, Inland Marine and Builders Risk portfolio. Working with branch Underwriters and peer colleagues inclusive of the Western Underwriting Center shared book portfolio, jointly managed with direct influence from the local branch team.
This role is inclusive of day to day responsibility for underwriting resources allocation, achievement of profit and identification and delivery of unique local initiatives for growth. Strong marketing and communication skills will be required for both staff and producer development. This individual will support the Commercial Insurance Manager in premium budget execution, monthly premium projections, internal referrals,
external joint marketing with staff and driving customer group business plans for Middle Market Industry practices and lines of business.
The individual will also manage a personal agency assignment with a $5M - $7M renewal book of business and new business production of $1.5MM. Candidate should have a proven reputation for underwriting acumen, marketing and business planning skills to execute the CI business plan. Business goals include the following: Financial performance, including profitable growth, new business production, rate, retention for overall growth Identifying opportunities for growth within new and existing production sources and developing and executing a new business growth strategy including developing prospects.
New business expectation of $1.5MM as an individual, and achievement of premium budget for CI Middle Market per annual business plan. Successful market penetration and broker management including building, maintaining and managing producer and customer relationships. Developing agency strategy and goals with continual monitoring of progress in order to achieve profit, growth, retention and rate objectives. backssing middle market business by utilizing underwriting tools and applying current underwriting strategies to determine which accounts to pursue and the optimal program structure.
Demonstrating a balanced approach of considering and responding to agents' coverage amendments while preserving the integrity of our coverage positions and loss ratio targets. Executing a local strategy to meet business needs utilizing an understanding of Chubb's solutions, competitors, customers and marketplace. Utilizing a high level of understanding of products, strategy and competitor/market behavior to write and retain business. Negotiating: Demonstrating timely, thoughtful and decisive responses. Developing new sources of profitable business for Chubb and within appointed Agency/Broker distribution.
Working closely with other members of the commercial underwriting team including Risk Engineering, Claims and Underwriting Associates. Qualifications - External Must have 5+ years commercial multiline underwriting background. Experience with complex accounts Must have proven marketing and negotiation skills. Strong local broker contacts Strong communication, interpersonal and time management skillinteractionperience developing marketing plans Previous experience managing people and/or teams is preferred Education: Bachelor's Degree preferred and/or related work experience.
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success. The pay range for the role is $102,000 to $168,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.
Chubb offers a comprehensive benefits package, more details on which can be found at careers. /global/en/north-america. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled. Requisition #: 3550236ahf9io63
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