Description Chubb is the world s largest publicly traded property and casualty insurer. 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. Chubb Group of Insurance Company's Seattle branch is currently looking for an Underwriter to join its Commercial Insurance Middle Market department. Position Description:The underwriter has responsibility for new and renewal business for his/her own book of business. ($7-8M renewal book and a $1.5M new business goal). The position will focus on driving profitable growth of a casualty driven consumer products business with Seattle producers. Underwriting duties will include consumer product portfolio analysis, risk management, managing of SIR/Deductible impact, collaboration with Risk engineering and claims. The underwriter will also be responsible for developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb Commercial Insurance practices. Collaborating with underwriters, operations, claims, marketing, and home office management is necessary. Must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen. This position has the potential to be developed to become a Casualty Specialist
Knowledge, Skills, and Abilities Required:Candidate will have 10 years + primary casualty underwriting experience, preferably experience in consumer product underwriting experience. Strong sales and marketing skills are critical; able to position accounts and close deals. Candidate must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners. Teamwork, communication, and negotiation skills required. Candidate will need a solid background in risk analysis and experience with complex accounts. Candidate must possess a high degree of proficiency with the underwriting process and partner effectively with an Underwriting Associate. Candidate must have exemplary ability to effectively interact with all levels of customers and coworkers. Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected. Candidate must have the ability to be creative and adaptable in a changing business environment. Sound decision making skills required.
Education and Experience:Bachelor s degree or equivalent experience Minimum 10 years of primary casualty underwriting experience Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. Chubb is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply. This position will report to our Seattle Office. We are open to remote work arrangements from other office locations, should this be requested. Seattle - Fifth AvenueSeattle98104Underwriting
-Yes, 25 % of the Time Associated topics: adjuster, auto, bodily, casualty, claim, insurance adjuster, insurance examiner, liability, liability adjuster, title examiner
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.