Commercial Associate Renewal Underwriter

Chubb; Philadelphia (Philadelphia County); On-site; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Commercial Underwriter, where you will play a vital role in managing a diverse portfolio worth approximately $8M. This position involves underwriting and negotiating renewals across various lines of business, including commercial package and workers compensation. You will have the opportunity to build strong relationships with independent agents and brokers, ensuring successful business management. If you are passionate about commercial insurance and thrive in a dynamic environment, this role is perfect for you.

Qualifications

• Experience in underwriting commercial insurance products.
• Strong negotiation skills and ability to manage relationships.

Responsibilities

• Underwrite and negotiate renewals for a commercial portfolio of approximately $8M.
• Develop relationships with agents and brokers to manage business effectively.

Skills

Underwriting

Negotiation

Relationship Management

Commercial Insurance Knowledge

Education

Bachelor's Degree in Finance or Business

Job description

Main responsibilities include:

• Underwrite and negotiate renewals and endorsements with a total Commercial portfolio premium of approximately $8M and 1,100 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.