Executive Underwriter, Environmental
Chubb · Chicago, IL · 2 mo ago
Finance$110k–$160k/yrFull-time
About the role
Westchester Environmental is seeking an Executive Underwriter to support the Midwest & West Regions. The ideal candidate will have 3-5 years of underwriting experience, preferably in the wholesale/E&S insurance industry, specifically in environmental lines such as Commercial General Liability, Contractors Pollution Liability, Professional Liability, Site Pollution Liability, Excess Liability, and Business Auto.
Responsibilities
- Soliciting new and renewal submissions from appointed wholesaler brokers.
- Determines terms and conditions and complex rating plans.
- Quote/Bind coverage.
- Documenting the underwriting files to company/division expectations.
- Handle files and portfolios within underwriting authority.
- Takes ownership of given production goals and utilizes all available department resources to achieve said goals.
- Local and regional broker visitations/travel is expected.
- Presents and communicates the Chubb/Westchester products and marketing material.
- Profitability & Production Goal Achievement - Delivering upon the established New and Renewal business goals as provided by the Regional Underwriting Manager.
- Growth Strategies - Executing upon the assigned roles per the regional marketing plans and strategies.
- This includes: Client & broker relations including sales calls & attendant strategies, completing target account responsibilities & cross sell strategies, underwriting integrity, achieving all underwriting standards as outlined by the CHUBB Westchester Specialty Environmental Division home office and all applicable Underwriting Guidelines, Authorities, and Position Papers.
Qualifications
- Minimum of 3-5 Years Underwriting experience.
- Bachelor’s Degree or Equivalent Experience.
- Experience in the wholesale/E&S insurance industry.
- Experience in underwriting environmental lines of business.
- Ability to review and analyze environmental due diligence.
- Ability to review, evaluate, and develop coverage forms and endorsements.
- Negotiation & presentation skills.
- Proven broker relations & customer management skill set.
- Strong verbal and written communication skills.
- Strong organizational skills with attention to detail.
- Able to work effectively in a collaborative team environment, share knowledge, and develop staff.
- Basic proficiency in Microsoft Word, Excel, Power Point.
- Technical capabilities (ability to work comfortably with various IT systems).
Benefits
The pay range for the role is $110,000 to $160,000. 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 on our careers website.