Underwriter, Surety

About the role

The Underwriter is responsible for managing and underwriting a portfolio of commercial surety accounts, developing and maintaining agency and broker relationships, and generating new business opportunities.

Responsibilities

• Solicits new and renewal submissions from brokers while basing communications on strategic thinking and broader producer strategies
• With the guidance of management, learns to manage the underwriting process by utilizing a broad range of financial expertise, industry knowledge, and business acumen
• Drives the dual underwriting process by providing intelligent, well thought out recommendations and company analyses
• Develops awareness of industry trends and external economic factors, and extrapolates their impact on the business and customers' businesses
• Changes tactics or strategies to reflect such trends
• Identifies risk exposures, special or common hazards, and appropriate controls
• Enhances the Company’s presence in assigned territories via relationship building with both internal and external customers, and by providing superior service to both internal and external stakeholders
• Demonstrates independent decision making, and has demonstrated leadership qualities
• Takes responsibility for the fulfillment of department goals established for profit, service, and relationship management with branches, home office, producers, accounts, competitors, and other Chubb departments
• Uses discipline and available underwriting and pricing tools to reduce risk profile across a wide spectrum of business, and to manage costs in order to meet targeted profitability metrics

Requirements

• Bachelor's degree
• 1-3 years surety underwriting (or comparable) work experience

Qualifications

• Knowledge of insurance industry
• Knowledge of basic business financial reports
• Microsoft Word, Excel, and Outlook proficiency
• Internet usage
• Oral and written communication skills
• Negotiation skills
• Marketing skills
• Basic leadership skills

Skills

• Ability to use systems and software programs needed to conduct daily business

Benefits

The pay range for the role is $82,000 to $118,000. 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 pay range for the role is $82,000 to $118,000. The specific offer will depend on an applicant’s skills and other factors.

Schedule

The schedule for this role is not specified.

Benefits

Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.