Location: Chicago, IL
Company: Chubb
is looking for an applicant to fill the position of Commercial Insurance Specialty Renewal Underwriter located in our Midwest Region. This underwriter would be responsible for underwriting an assigned book of up to $8m in premium. This role would service between three and six of the 14 branches in the Midwest region branches.
Commercial Insurance writes companies with revenues up to $1B, including both guaranteed cost and loss sensitive program structures. This underwriter will be charged with directly underwriting and growing a book consisting mainly of general middle market business, including but not limited to Manufacturing, Professional Services, Cultural Institution and Wholesale
business. The position will be charged with building strong relationships with their assigned agency/broker plant to retain accounts and will work closely with the respective Commercial Insurance Managers, Industry Practice Leaders, Territory Underwriting Managers and home office line of business leaders to position this portfolio within Commercial Insurance for growth and profit.
This role is also responsible for writing new business through cross sell and account rounding. Responsibilities The Renewal Underwriter will: Underwrite primarily renewals for an assigned book of business. Establish relationships with key trading partners and drive strong account retention activity across assigned
territory. Be responsible for profit, growth and retention of assigned book.
Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies. In conjunction with the Underwriter Associate, retain key assigned renewals and lead coordination of Risk Engineering & Claims Service where needed. Maintain and develop relationships with the branch, our agents, brokers and clients. Competencies/Technical Skills: Proven ability to successfully negotiate on all levels and develop producer relationships Demonstrate ability to analyze risks, prioritize the gathering of underwriting data, and clearly communicate a well thought out underwriting approach Excellent communication and documentation skills required Ability to work independently, show initiative, while demonstrating strong collaboration skills in a team environment Strong time and desk management skills Working knowledge of Microsoft Office Suite as well as other business-related software Requisition #: 25186ahf9io63
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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