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Salary
$100k – $165k per year
Location
In office (Chicago)
Seniority
Senior · 5+ 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.

The primary duties of a Senior Equipment Breakdown Underwriter include:

  • Profit and revenue growth for the Equipment Breakdown lines of business for assigned branches.

  • Management, monitoring and production of new and renewal (Monoline & ATD Package) business.

  • Establishing and maintaining relationships with key agents/brokers, customers and with local Commercial Insurance staff.

  • Handling of branch referrals for ATD High Hazard Package business and acting as a resource for Low and Moderate Hazard ATD Package business.

  • Training and Education in assigned branches and applicable underwriting center(s) to build knowledge and reputation of the Equipment Breakdown line of business.

  • Work with Risk Engineering to help coordinate appropriate activities and services on new and renewal business.

  • Assist the Equipment Breakdown Manager in the development of coverage forms, marketing and training materials.

  • The position will require travel to branches, underwriting centers, agents/brokers and customers (approximately 20-25% of time).

  • Bachelor’s degree preferred

  • A minimum of 5 years Equipment Breakdown or large Property underwriting experience.

  • Excellent written and verbal communication skills.

  • Demonstrate a track record of achievement in customer development, collaboration, teamwork, problem solving, marketing, and negotiation.

  • The ability to read complex Risk Engineering reports in order to make appropriate underwriting decisions.

  • A basic understanding of Commercial Property and Monoline Equipment Breakdown coverage forms.

  • The ability to travel to Chubb Branch offices, brokers and customers.

  • Must have strong interpersonal skills, analytical and strategic abilities, along with the ability to effectively interact with all levels of internal and external partners. Location is flexible.

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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