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Location
In office (Chicago)
Seniority
Senior · 3+ 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's Energy Practice is an exciting and dynamic place for individuals who are seeking career opportunity and advancement. The Commercial Insurance team has an opening for a Senior Underwriter to join our Energy Practice (salary and title commensurate with experience level). This is a high-impact role that is focused on growing a Property and Casualty book comprised of Package, Automobile, Pollution, Workers’ Compensation, Umbrella and International. Multi-line experience is encouraged.

ABOUT THE ROLE

The Senior Underwriter with Chubb’s Energy department will manage approximately a $7-10 million book of business in their assigned territory. The Underwriter must develop book growth, maintain superior internal and external relationships and implement effective and profitable pricing strategies.

This individual will also have accountability for the financial performance of this book of business, achieving growth for the branch. We are seeking someone who will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting and make regular broker and insured visits based on monthly goals.

Demonstration of the following skills and abilities:

  • Strong sales and marketing skills along with the ability to position accounts and close deals.
  • Demonstrated success in marketing, producer/book management and new business development.
  • Ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
  • High proficiency with the underwriting process and risk analysis.
  • Effective desk management.
  • Exemplary ability to effectively interact with customers and coworkers at all levels.
  • Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.
  • Results orientation, entrepreneurial spirit, business acumen, self-motivation and strong ability to work in a collaborative team environment.
  • Responsible for the professional development, retention, and performance assessment of team members.
  • 3+ years underwriting experience within the Energy industry and/or Commercial experience with a desire to specialize in the Energy sectors of Power Generation, Petroleum, and Mining

  • Experience with multiple lines of insurance

  • Bachelor’s degree

  • Knowledge of insurance industry

  • Knowledge of underwriting concepts, practices, and procedures

  • Microsoft Word, Excel, and Outlook

  • Oral and written communication skills

  • Negotiation skills

  • Marketing skills-Broker and Client

  • Leadership skills

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. 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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