Executive Underwriter, Property
Chubb Group of Insurance Co
Job Description
This position will handle new and renewal monoline property business for our Michigan territory, along with supporting other branches in the Midwest Region based on business need. The Underwriter would be accountable for new business production and execution of underwriting strategies. Sales and marketing activities are expected for the building and maintaining of internal/external relationships. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen. This position will collaborate within a team of other underwriters, operations, claims, marketing, and home office management as necessary. This position will report to the Commercial Insurance Manager in our Troy, MI office.
Responsibilities
The Executive Underwriter will:
- Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers in our desired industry segments.
- Be responsible for profit, growth and retention of assigned book
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- In conjunction with the Underwriter Associate, retain key assigned renewals and lead coordination of Loss Control & Claims Service plans for service level accounts.
- Maintain and develop relationships with the branch, our brokers and clients.
- Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities.
Qualifications
- Bachelor's degree
- Underwriting experience preferably in the Middle Market Monoline Property segment.
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
- Presentation and public speaking skills
- Strong negotiations skills and sales acumen
- Invest in local broker and insurance marketplace relationships
- Knowledge and understanding of current insurance marketplace conditions
- Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
- Understanding of Property Insurance coverage, terms and conditions.
- Proficiency in Microsoft Office Suite
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.
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