Executive Underwriter, Complex Property

MN Climate Innovation Finance Authority (MNCIFA); New York (NY); On-site; USD 165,000 - 281,000; Full time

Job summary

A leading company is hiring a Property Underwriter responsible for managing complex property accounts and developing new business opportunities. Candidates should possess extensive underwriting experience, strong analytical skills, and a collaborative approach to ensure successful account management and strategy execution.

Benefits

Comprehensive benefits package

Discretionary annual incentive

Qualifications

• 10 years of property underwriting experience with complex accounts.
• Expertise in commercial underwriting and insurance industry practices.
• Knowledge of CI Property products and appetite.

Responsibilities

• Manage property accounts with total insured values over $750M.
• Generate $3.5MM in new business production with a 25% conversion rate.
• Build agency relationships and execute CI Property strategies.

Skills

Results Achievement

Customer Development

Collaboration

Teamwork

Problem-Solving

Communication

Negotiation

Education

Four-year bachelor’s degree from an accredited college or university

Job description

This job reports directly to the Regional Property Manager with a matrixed relationship to the Property Line of Business Leader.

Responsibilities:

• Manage property accounts with total insured values of $750M and above for assigned regions.
• Oversee a renewal book valued between $30MM - $35MM, aligning with CI Property line of business strategies and key account management practices.
• Generate $3.5MM in complex property new business production and develop targeted processes to achieve a 25% conversion rate.
• Collaborate with regions, branches, and stakeholders to manage key accounts and identify new business opportunities for complex property.
• Build submission pipelines and target conversions in line with CI strategies by partnering with regions and branches.
• Develop agency relationships to manage key accounts effectively and generate new business.
• Work collaboratively within a team environment, engaging with Industry Practices, Line of Business, Claims, Risk Engineering, Operations, and across the CI field to meet outcomes and conduct key account stewardship meetings.
• Serve as a coach/mentor within regions for complex property expertise and market intelligence.
• Execute CI Property strategies and oversee portfolio management for assigned regions.
• Travel to local branch offices, conduct meetings with agents, brokers, and insured clients, with approximately 6-8 customer visits annually.

Qualifications:

• Four-year bachelor’s degree from an accredited college or university.
• At least 10 years of property underwriting experience with demonstrated expertise in handling complex accounts.
• Knowledge of CI Property products and appetite.
• Advanced knowledge of commercial underwriting and insurance industry practices.
• Proficiency in salary grade and universal competencies, including results achievement, customer development, collaboration, teamwork, problem-solving, communication, and negotiation skills.
• Strong interpersonal, analytical, and negotiation skills, with the ability to interact effectively at all organizational levels.

The pay range for this role is $165,200 to $280,800, depending on skills and other factors. The position may be eligible for a discretionary annual incentive. Chubb offers a comprehensive benefits package, details of which are available on our careers website. The disclosed pay range may be adjusted for geographic location.