Senior Commercial Insurance Specialty Underwriter

Chubb Commercial Insurance is currently seeking a skilled Core Commercial Underwriter to join the Middle Market Commercial Insurance team in New York City.    
 
Position Description: 
Commercial Insurance writes companies with revenues up to $1B, including both guaranteed cost and loss sensitive program structures.  As a Senior Underwriter, responsibilities including a renewal book of $8M - $9M and generating new business of approximately $1-1.5M annually.  The position will be responsible for driving profitable growth with New York agents and brokers.  Products include Package, Property, General Liability, Auto, Worker’s Compensation, Umbrella/Excess and Foreign.  The Underwriter will be charged with directly underwriting and growing a book consisting mainly of Manufacturing, Professional Services, Cultural Institutions, Real Estate, Wholesale, Food and Other services.   We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen. 

Responsibilities: 

The Production Underwriter will: 

• Establish relationships with key trading partners and drive submission activity across assigned Agents and Brokers in our desired industry segments. 
• Be responsible for profit, growth, and retention of assigned book. 
• Develop and negotiate price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices. 
• Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies. 
• Maintain and develop relationships with the branch, our brokers and clients. 
• Develop a prospect pipeline with our major trading partners and engage other business units for cross-selling opportunities. 
• In conjunction with Underwriting Associate, retain key assigned renewals and lead coordination of Loss Control and Claims Service plans for service level accounts. 
• Most travel will be local

Desired Qualifications: 

• Bachelor’s Degree or related experience  

• Property and Casualty Underwriting experience preferably in the core middle market segment; high degree of proficiency with underwriting process, with solid background in risk analysis. 

•Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers. 

• Strong communication, interpersonal and time management skills. 

• Presentation and Public speaking skills. 

• Strong negotiation skills. 

• 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, Property, Umbrella, and    Auto Liability Insurance coverage, terms and conditions. 

• Proficiency in Microsoft Office Suite. 

 

In New York City, NY the pay range for the role is $87,500 to $149,500. 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 at https://careers.chubb.com/global/en/north-america.  This range is specific to New York City, NY and may not be applicable to other locations.

• Bachelor’s Degree or related experience  

• Property and Casualty Underwriting experience preferably in the core middle market segment; high degree of proficiency with underwriting process, with solid background in risk analysis. 

•Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers. 

• Strong communication, interpersonal and time management skills. 

• Presentation and Public speaking skills. 

• Strong negotiation skills. 

• 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, Property, Umbrella, and    Auto Liability Insurance coverage, terms and conditions. 

• Proficiency in Microsoft Office Suite. 

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 dist