Chubb
Underwriter, Multinational
Chubb, Chicago, IL
Job Description
As a key member of the Chubb Multinational team, the Underwriter will contribute to the achievement of regional profitability and production results through the growth, development, and underwriting of international casualty programs for U.S. multinational companies and organizations. In addition, this position is responsible for establishing and cultivating business relationships with brokers, clients, and other relevant spheres of influence within the assigned territory to assure the continued flow of new business opportunities while representing all Multinational segments and products.
RESPONSIBILITIES:
Qualifications
REQUIREMENTS:
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.
As a key member of the Chubb Multinational team, the Underwriter will contribute to the achievement of regional profitability and production results through the growth, development, and underwriting of international casualty programs for U.S. multinational companies and organizations. In addition, this position is responsible for establishing and cultivating business relationships with brokers, clients, and other relevant spheres of influence within the assigned territory to assure the continued flow of new business opportunities while representing all Multinational segments and products.
RESPONSIBILITIES:
- Business Development & Broker Management - Utilize and develop personal and business relationships with P&C brokers and producers to produce new account opportunities for the International Casualty division of Chubb Multinational.
- Territory Management - Execute on the sales and marketing plan for assigned territory, ensuring that team monthly broker calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts.
- Account Targeting - Have an in-depth, up to date knowledge of sales territory and broker-controlled business. Be knowledgeable of existing and historic Chubb business relationships to develop prospects and target list of new business opportunities.
- Quote to Win - Review new business submissions to understand the nature of the international casualty risk as wells as the incumbent's current offering - utilize this analysis to produce and deliver winning quote. Deliver on Chubb's industry-leading multinational capabilities, expertise and service.
- Maintain and Grow Strong Broker and Client Relationships - Work with brokers and clients to understand and respond to evolving broker & client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure.
- Understand and Manage Risk - Maintain a strong, profitable book of renewal business. Clearly understand nature of operations, deal structure, quality of information, an understanding of US and local country requirements. Respond in a timely manner to any and all broker and client service requests.
- Identify opportunities to provide innovative solutions to the Casualty & Property CMP process.
Qualifications
REQUIREMENTS:
- College degree in insurance, business or related fields or equivalent experience
- 3+ years of Underwriting experience
- Knowledge of Controlled Master Programs, various program structures and international casualty underwriting principles highly desired
- Superior communication, interpersonal, organizational and negotiating skills
- Excellent sales and marketing skills
- Advanced computer skills preferred
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.