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Salary
$78k – $170k per year (Estimated)
Location
In office (Los Angeles)
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.

The Commercial Insurance Division is seeking to fill an Executive Property Underwriter position in the Pacific South Region. The primary focus of the position will be Monoline Property, Builders Risk, and various other coverages for a wide variety of customer types. The underwriter’s primary focus will be new business production and renewal retention.

Responsibilities

  • Drive financial performance of a Commercial book of business comprised of Monoline Property.
  • Underwrite and negotiate an $8 million renewal book of Commercial business in various industries with a new business goal of $1.5 - 2M million across the Pacific Region
  • Meet or exceed financial goals including rate, growth, profit, retention, and new business
  • Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers
  • Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients
  • Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery
  • Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory
  • Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives
  • Utilize agency travel to help build a robust property prospect pipeline.
  • Strong sales, marketing, and negotiation skills
  • Insurance industry experience required
  • Commercial lines property underwriting experience required
  • Proven track record of building strong business relationships with agents and insureds
  • Demonstrated strong written and oral communication skills
  • Proven ability in complex account analysis, prioritization, organization and detail orientation
  • Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently
  • Educational and Experiential Requirements
  • Strong desire to improve knowledge and skill set in the commercial lines of business

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. 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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