Chubb
Senior Underwriter, Financial Lines
Chubb, Los Angeles, California, United States, 90079
Job Description
Chubb is currently recruiting for a Senior Underwriter, Financial Lines based out of our Los Angeles, California office.
The Underwriter will report to the Pacific South Regional Manager. The Senior Underwriter will manage a PNP renewal portfolio largely encompassing retail brokerages for the Phoenix Branch, new business supporting our Pacific North San Ramon branch and other new & renewal opportunities. The position will be primarily focused on underwriting Commercial Insurance Accounts ( $1Billion in Revenues) and unicorn business. Lines of business include D&O, EPL, Fiduciary, Employed Lawyers, Crime, Kidnap Ransom & Extortion, and Workplace Violence Expense coverage.
The Senior Underwriter must develop book growth, maintain superior relationships, and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.
They will be responsible for developing and implementing a business plan to grow the Commercial Insurance book through prospect identification and pipeline development, new business production, and account management in coordination with other departments. This underwriting position, coupled with other new business underwriting resources will be responsible for $1M+ of new business annually.
The Underwriter will have accountability for the financial performance of this book of business, achieving growth for the branch and region. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits (based on business need).
Qualifications
Skills Required:
•Ideally, 3-5 years underwriting experience in management liability.
•Strong sales and marketing skills are critical. The ability to position accounts and close deals is a key requirement.
•Must be able to demonstrate success in marketing, producer/book management and new business development. Must also have the ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
•High degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate.
•Must have exemplary ability to effectively interact with all levels of customers and coworkers.
•Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.
•Must be a collaborative partner with the Field, Home Office, Claims, General Counsel, Compliance, Marketing and Communications, Operations and Learning & Development to successfully execute underwriting strategy.
•Proficiency in Microsoft Office Suite as well as other business-related software required.
•Effective desk management is a critical part of this role.
Education and Experience:
•Bachelor's degree or equivalent experience.
The pay range for the role is $71,500 to $115,000. 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.
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.
Chubb is currently recruiting for a Senior Underwriter, Financial Lines based out of our Los Angeles, California office.
The Underwriter will report to the Pacific South Regional Manager. The Senior Underwriter will manage a PNP renewal portfolio largely encompassing retail brokerages for the Phoenix Branch, new business supporting our Pacific North San Ramon branch and other new & renewal opportunities. The position will be primarily focused on underwriting Commercial Insurance Accounts ( $1Billion in Revenues) and unicorn business. Lines of business include D&O, EPL, Fiduciary, Employed Lawyers, Crime, Kidnap Ransom & Extortion, and Workplace Violence Expense coverage.
The Senior Underwriter must develop book growth, maintain superior relationships, and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.
They will be responsible for developing and implementing a business plan to grow the Commercial Insurance book through prospect identification and pipeline development, new business production, and account management in coordination with other departments. This underwriting position, coupled with other new business underwriting resources will be responsible for $1M+ of new business annually.
The Underwriter will have accountability for the financial performance of this book of business, achieving growth for the branch and region. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits (based on business need).
Qualifications
Skills Required:
•Ideally, 3-5 years underwriting experience in management liability.
•Strong sales and marketing skills are critical. The ability to position accounts and close deals is a key requirement.
•Must be able to demonstrate success in marketing, producer/book management and new business development. Must also have the ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
•High degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate.
•Must have exemplary ability to effectively interact with all levels of customers and coworkers.
•Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.
•Must be a collaborative partner with the Field, Home Office, Claims, General Counsel, Compliance, Marketing and Communications, Operations and Learning & Development to successfully execute underwriting strategy.
•Proficiency in Microsoft Office Suite as well as other business-related software required.
•Effective desk management is a critical part of this role.
Education and Experience:
•Bachelor's degree or equivalent experience.
The pay range for the role is $71,500 to $115,000. 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.
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.