Senior Underwriter, Natural Resources, Commercial Insurance

Chubb; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A global insurance leader is seeking an experienced underwriter for the Commercial Insurance team. You will be responsible for managing a profitable book of business in the Mining and Energy sectors and developing strong relationships with brokers. The ideal candidate has at least three years of underwriting experience in casualty insurance and demonstrates superior problem-solving and negotiation skills.

Qualifications

• A minimum of three years of property and casualty underwriting experience.
• Strong negotiation and interpersonal skills.
• Proven ability to problem solve and be innovative.

Responsibilities

• Manage an active renewal portfolio of mid to large sized accounts.
• Develop and maintain relationships with brokers and key clients.
• Contribute to differentiated customer retention and sales results.

Skills

Property and casualty underwriting experience

Problem-solving ability

Negotiation skills

Organizational and time management skills

Creativity in business development

Education

University degree or equivalent work experience

Tools

CIP designation

CRM designation

Job description

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.

KEY OBJECTIVE

As a key member of the Commercial Insurance underwriting department, you will focus on retention, account rounding, new business, renewal change and profit goals while establishing and maintaining healthy relationships with assigned brokers. You will manage a growing and profitable book of Mining and Energy business within the team’s Natural Resources Practice.

MAJOR RESPONSIBILITIES

• Identify, analyze and develop sources of new business to ensure growth targets are met.
• Profitably manage an active renewal portfolio of mid to large sized accounts.
• Gather and analyze account information and make sound underwriting recommendations and decisions.
• Develop and maintain a robust pipeline of new opportunities, including account rounding.
• Monitor booking, retention, and renewal change accuracy.
• Develop customer-centric renewal strategies that align with the company’s financial goals.
• Contribute to differentiated customer retention and sales results.
• Develop, establish, and foster superior relationships with brokers and key clients.
• Develop and execute on broker business plans based on a tiered service structure.
• Collaborate with team members and contribute to an engaging work environment.
• Handle individual risk inquiries and correspondence from brokers and make appropriate decisions.
• Contribute to projects as required to improve business and continually develop professional competencies.

Qualifications

• A minimum of three (3) years of property and casualty underwriting experience.
• Completion of University degree and/or equivalent work experience.
• Experience underwriting in any of the following areas is an asset: Mining, Energy, Natural Resources, Complex Property, Builders’ Risk.
• Proven ability to independently and successfully problem solve.
• Strong ability to be innovative and creative in order to develop new business opportunities.
• Effective organization and time management skills with the ability to follow-up independently.
• Demonstrated ability to balance competing priorities with flexibility and adaptability.
• High level of responsiveness and efficiency when working with stakeholders.
• Excellent negotiation and interpersonal skills, proven through established broker relationships.
• Superior marketing ability, combined with excellent written and oral communication skills.
• Commitment to collaboration and teamwork.
• Ability to respond as a team player, in a multi-task environment.
• Comfortable working in a deadline-oriented atmosphere.
• CIP and/or CRM designation or completed CIP/CRM courses considered an asset.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.