Chubb is seeking a Commercial Lines Underwriter to join its Small & Lower Midmarket ("SLM") Construction Industry Practice, which targets accounts up to $50M revenues. This is a field production underwriting role dedicated to new revenue growth of multiline construction accounts for their assigned territory. The role will report directly to the Construction Lower Midmarket Leader or Construction Team Lead and matrix into local regional office. The individual is accountable for reviewing, triaging, underwriting, and quoting submissions and securing binds to achieve his/her individual production goal while adhering to Chubb standards of underwriting and compliance.
The ideal candidate will possess strong underwriting skills, exceptional communication abilities, strong organizational skills, and the capacity to build and maintain impactful relationships. In this role, you will effectively build and manage agent relationships to drive production and collaborate with internal partners in Field Underwriting, Distribution and Operations to ensure seamless processes and superior service delivery.
Chubb's Small & Lower Midmarket Construction Segment is a growing and expanding business unit and presents career growth opportunities for this individual.
Primary Responsibilities: • Multiline construction underwriting including Package, Umbrella, Workers Compensation, Auto, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards. • Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products. • Collaborate with Business Development Managers, field underwriting, and distribution to identify and develop tactics to drive production. • Establish and maintain strong working relationships with assigned agents to drive profitable growth. • Disciplined desk management, including production planning and forecasting for assigned book of business. • Act as an underwriting resource for peers across the construction industry practice.
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The 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.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Requirements:
• 3-5 years of commercial lines UW experience, preferably with a focus in construction. • Bachelor Degree or equivalent experience. • Established marketplace presence and relationships preferred. • Strong organizational and time management skills. • Experience in driving profitable new business territory growth and building strong agency relationships to drive their business. • Strong interpersonal, communication and negotiation skills. • Proven ability to use technical, analytical and underwriting decision-making skills to effectively achieve business goals. • Desire to work in a dynamic, fast-paced environment. • Creative thinker and solution-oriented individual.
Pay Range: The pay range for the role is $85,000 to $130,000. 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. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.
With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.
As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.
Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.
What we deliver: