Location: Chicago, IL
Company: Chubb
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. Scope of Role: This Underwriter will be responsible for underwriting and maintaining a renewal book of $3-5M as well generating $1M to $1.5M in new business.
As a Technology P&C underwriter the account focus will be in the middle market Technology sector, typically companies generating up to $1B in revenue. This individual will be responsible for Property, GL, Auto, Work Comp, Umbrella, as well as Technology E&O. This role will require the underwriter to be active
in marketing, pipelining, and prospecting the territory to grow and strengthen existing relationships. Main Responsibilities: Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers in our desired industry segments.
Responsibility for profit, growth, and retention of assigned book. This will consist of $3M-$5M in business over 3-4 branches. Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies. In conjunction with Underwriter Associate, retain key assigned renewals and lead coordination of Loss Control & Claims Service plans for service level
accounts. Collaborate with underwriters, risk engineering, operations, claims, branch management, marketing, and home office product management.
Maintain and develop relationships with the branch, our brokers, and clients. Develop and maintain a prospect pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities. Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities. Travel: 25% as needed. Qualifications: Bachelor's degree 3-5 years underwriting experience Presentation and public speaking skills Strong negotiations skills Knowledge and understanding of current insurance marketplace conditions Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority Understanding of Workers Compensation, General Liability, Property and Auto Liability Insurance coverage, terms, and conditions.
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.
Qualifications: Bachelor's degree 3-5 years underwriting experience Presentation and public speaking skills Strong negotiations skills Knowledge and understanding of current insurance marketplace conditions Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority Understanding of Workers Compensation, General Liability, Property and Auto Liability Insurance coverage, terms, and conditions. Requisition #: 3454516ahf9io63
Insurance jobs encompass a variety of roles within the insurance industry, ranging from sales and customer service to risk assessment and claims processing. Professionals in this sector typically work for insurance companies, brokerages, or independent agencies, helping individuals and businesses understand and obtain coverage for potential risks. Key features of insurance jobs include analyzing financial risks, providing expert advice on insurance policies, handling policy renewals, and assisting clients with claims. This field requires strong interpersonal skills, attention to detail, and in some positions, analytical abilities to calculate and price insurance premiums. It's a sector known for its stability, opportunities for growth, and contribution to personal and economic security.
Insurance jobs encompass a variety of roles within the insurance industry, ranging from sales and customer service to risk assessment and claims processing. Professionals in this sector typically work for insurance companies, brokerages, or independent agencies, helping individuals and businesses understand and obtain coverage for potential risks. Key features of insurance jobs include analyzing financial risks, providing expert advice on insurance policies, handling policy renewals, and assisting clients with claims. This field requires strong interpersonal skills, attention to detail, and in some positions, analytical abilities to calculate and price insurance premiums. It's a sector known for its stability, opportunities for growth, and contribution to personal and economic security.
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