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Salary
$144k – $246k per year
Location
In office (Chicago)
Seniority
Architect · 6+ years exp
Overview
Company
Impact
Profile match
Chubb is the largest publicly traded property and casualty insurer in the world, formed in 2016 when ACE acquired the older Chubb Corporation and took its name. It writes commercial property and casualty, specialty lines, high net worth personal insurance, accident and health cover and reinsurance across more than fifty countries, and it is known in the industry for underwriting discipline and for walking away from business it considers underpriced. Headquartered in Zurich with major operations in New York and Philadelphia, it is listed on the New York Stock Exchange.

Chubb Global Casualty (CGC) Domesticis looking for an applicant to fill the position of Executive Underwriter, Team Leader in our Chicago Branch. Chubb Global Casualty is the largest operating division in Chubb Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites. We offer customized & complex primary loss sensitive programs tailored to our client’s business needs and operations. The core lines of business include: Workers Compensation, General Liability and Auto Liability.

The AVP Underwriter, Team Leader will:

  • Manage an Underwriting Team of 3+ individuals
  • Execute a business plan/strategy to achieve financial results in the areas of profit, growth and expense
  • Proactively manage and monitor key performance indicators to achieve desired results
  • Support the referral process for underwriting team. Provide guidance to Underwriters for risks falling outside of authority to senior leadership as appropriate.
  • Deliver on branch objectives for Loss Sensitive, Guaranteed Cost and Bundled products
  • Active liaison with other Chubb Product lines in collaboration with Major Account Segment Leaders, Branch Managers and Regional Operations
  • Manage broker and agent relationships
  • Bachelor’s degree
  • At least 6+ years underwriting experience including time spent in the primary casualty loss sensitive space
  • Prior Management Experience in National Accounts Casualty Space
  • Proficiency in Microsoft Office Suite
  • Presentation and public speaking skills
  • Strong negotiations skills
  • Local broker and insurance marketplace relationships
  • Knowledge and understanding of current insurance marketplace conditions
  • Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
  • Understanding of Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms and conditions - included but not limited to ISO AL & GL and NCCI Workers Compensation coverage forms and endorsements.
  • Understanding of large deductible programs and the credit and collateral implications of such programs
  • Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends

The pay range for the role is $144,400 to $245,600. 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.

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