Commercial Associate Renewal Underwriter

Chubb; Philadelphia (Philadelphia County); On-site; USD 70,000 - 95,000; Full time

Job summary

A leading insurance company is seeking a Commercial Associate Renewal Underwriter in Philadelphia. This role involves underwriting and negotiating renewals for a significant portfolio, fostering relationships with agents and utilizing strong analytical and negotiation skills. Ideal candidates will have a Bachelor's degree and a proven record in underwriting.

Qualifications

• 1-2 years of multi-line underwriting experience preferred.
• Strong track record in developing producer relationships.

Responsibilities

• Underwrite and negotiate renewals and endorsements for a portfolio of approximately $8M.
• Develop strong relationships with independent agents and brokers.

Skills

Negotiation

Service Orientation

Risk Analysis

Interpersonal Skills

Analytical Skills

Education

Bachelor’s degree or equivalent experience

Job description

Commercial Associate Renewal Underwriter

Philadelphia, PA, United States

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Job Description

Main responsibilities include:

• Underwrite and negotiate renewals and endorsements with a total Commercial portfolio premium of approximately $8M and 1,200 policies.
• Lines of business include commercial package, automobile, umbrella, international and workers compensation.
• Achieve favorable rate and retention within given territory.
• Underwriting duties will include:
  • Streamline underwriting of Commercial accounts.
  • Marketing and servicing accounts based on Chubb guidelines.
  • Develop strong relationships with independent agents and brokers and overseas counterparts in order to successfully manage our business.

Skills and Competencies:

• Candidate must have proven ability to successfully negotiate and develop producer relationships.
• A strong track record of service orientation is required.
• Knowledge of marketing principles, underwriting and pricing strategies
• Solid background in risk analysis
• Strong interpersonal and written communication skills
• The ability to work independently and cohesively in a team environment in conjunction with service staff, loss control, field marketing underwriters and branch employees.
• Knowledge of emerging hazards, trends and concepts preferred.
• Ability to coach and develop others via peer-to-peer development.
• Deep analytical skills supported by interpersonal effectiveness in understanding the needs of the customer and matching those needs to Chubb solutions.

Education and Experience:

• Bachelor’s degree or equivalent experience
• One to two years of multi-line underwriting experience preferred, but not required.

About Us

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.

Job Info

• Job Identification 21698
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit United States
• Legal Employer ACE American Insurance Company