Jobs · Finance · Illinois

Senior Underwriter, Commercial Insurance Specialty

Chubb · Schaumburg, IL · 2 wk ago
Finance$100k–$165k/yrFull-time

About the role

Chubb is currently seeking a skilled Senior Commercial Lines Underwriter to join its Middle Market Commercial Insurance team. The position will manage a renewal book and generate new business, driving profitable growth with assigned agents and brokers. Products include Package, Property, General Liability, Auto, Worker’s Compensation, Umbrella/Excess and International. Programs are guaranteed cost and Loss Sensitive structures.

Responsibilities

  • Develop and negotiate price, coverage, terms and conditions for all new business and renewals
  • Identify account rounding opportunities for other Chubb practices
  • Collaborate with other underwriters, operations, claims, marketing, and home office management as necessary
  • Implement and manage effective pricing and rate strategies to produce profitability, book growth, and successful producer relations
  • Demonstrate successful agency and broker management, including building, maintaining and managing producer and customer relationships
  • Identify opportunities for growth within new and existing production sources
  • Apply knowledge of marketing principles, pricing/rate strategies, and risk analysis to attain underwriting profit
  • Effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control personnel
  • Possess strong sales and marketing skills, proficiency with the underwriting process, and a high degree of proficiency with technical issues, compliance, coverage, and pricing strategies

Requirements

  • Bachelor’s degree preferred
  • 3+ years of experience
  • Proven marketing and negotiation skills
  • Strong communication, interpersonal, and time management skills

Qualifications

  • Knowledge of Property & Casualty lines of business
  • Familiarity with global programs is a plus
  • Underwriting duties include developing and negotiating price, coverage, terms and conditions for all new business and renewals
  • Ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control personnel
  • Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected

Benefits

The pay range for the role is $100,000 to $165,000. 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.

Pay

The specific offer will depend on an applicant's skills and other factors. The pay range for the role is $100,000 to $165,000.

Schedule

N/A

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