Underwriter, Excess Casualty

Chubb; Chicago (IL); On-site; USD 62,000 - 106,000; Full time

Job summary

A global insurance provider is seeking an Underwriter in Chicago to manage new and renewal umbrella and excess casualty accounts. The role involves developing business relationships, evaluating risk, and achieving production goals while adhering to Chubb's standards. Candidates should have substantial commercial casualty experience and strong communication skills.

Benefits

Comprehensive benefits package

Eligibility for annual incentive program

Qualifications

• 2+ years commercial casualty experience and/or underwriting Fortune 1000 companies.
• Expertise in managing client relationships both internally and externally.
• Superior analytical skills needed for evaluation and development.

Responsibilities

• Produce new business opportunities within the territory.
• Evaluate, select, underwrite, price, quote and maintain new and renewal business.
• Retain accounts through active participation in Chubb Stewardship process.

Skills

Communication

Interpersonal skills

Negotiation

Analytical skills

Sales skills

Marketing skills

Education

College degree in insurance, business or related fields

Tools

Advanced computer skills

Job description

Contribute to the achievement of the National Account Excess Casualty segment business plan. The Underwriter is responsible for production, underwriting and maintenance of new and renewal umbrella and excess casualty accounts within a defined territory. In addition, the Underwriter is responsible for establishing and cultivating business relationships with brokers and clients within the assigned territory to assure the continued flow of new business opportunities while representing Excess Casualty segment

Responsibilities:

• Produce new business opportunities within the territory.
• Evaluate, select, underwrite, price, quote and maintain new and renewal business.
• Develop and implement marketing plans with Excess Casualty National Accounts Management.
• Retain accounts through active participation in Chubb Stewardship process.
• Adhere to Chubb standards on pricing and servicing.
• Participate in product line projects as required.
• Forecast & report on monthly production to Excess Casualty National Accounts Management.
• Oversee & execute on various operational tasks
• The individual will manage new business pipeline. This includes:
• Maintaining monthly, quarterly & year end production goals.
• Ensuring proper progress and strategies to close new business are maintained.
• The individual will be a key liaison between Chubb Global Casualty Foreign and Domestic lines of business and ensure strategies and efforts are coordinated.

Qualifications

• The individual should have strategically based relationships and expertise to help navigate clients both internally and externally.
• College degree in insurance, business or related fields or equivalent experience.
• 2+ years commercial casualty experience,and/or underwriting Fortune 1000 companies.
• Superior communication, interpersonal and negotiating skills.
• Superior analytical skills needed to evaluate and develop
• Excellent sales and marketing skills.
• Advanced computer skills preferred.

The pay range for the role is $62,200 to $105,800. 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 on our careers website . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.