Executive Underwriter, Senior Team Leader - Financial Lines

Chubb is the world’s largest publicly traded property and casualty insurer. 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. Chubb is seeking an Executive Underwriter for Private/Not-for-Profit (PNP) in its Chicago branch.

The Executive Underwriter will report to the Chicago PNP Financial Lines Manager and title is based on experience. The Underwriter will manage a PNP portfolio largely encompassing retail brokerages for the Chicago Branch. The position will primarily be focused on underwriting Private/Not-For-Profit business across small, commercial and major segments.  Lines of business include D&O, EPL, Fiduciary, Crime, Kidnap Ransom, Employed Lawyers and Workplace Violence. 

The Executive Underwriter must develop book growth, maintain superior relationships, and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.

They will be responsible for developing and implementing a business plan to grow all segments of the insurance book through prospect identification and pipeline development, new business production and account management in coordination with Major Accounts Segment Leaders, Business Development Managers and Client Executives. Underwriter will be responsible for $1M+ of new business annually and will lead an underwriting team of 2+ individuals.

The Underwriter will have accountability for the financial performance of this book of business, achieving growth for the branch and region. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits (based on business need). 
 

Ideally, 5-8+ years underwriting experience in management liability. 

Strong sales and marketing skills are critical. The ability to position accounts and close deals is a key requirement. 

Must be able to demonstrate success in marketing, producer/book management and new business development.  Must also have the ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations. 

High degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate. 

Must have exemplary ability to effectively interact with all levels of customers and coworkers. 

Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.

Must be a collaborative partner with the Field, Home Office, Claims, General Counsel, Compliance, Marketing and Communications, Operations and Learning & Development to successfully execute underwriting strategy.

Proficiency in Microsoft Office Suite as well as other business-related software required.  Effective desk management is a critical part of this role.

Leadership experience is preferred.

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.