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Senior Underwriter - Property

CHUBB
Chicago, IL, United States
$80.5K-$137K a year
Full-time

KEY OBJECTIVES

Responsible for Major Accounts Property growth and underwriting business strategies by executing upon established team action plans and goals for the Pacific region.

Key measurements include achieving profitable underwriting results through the growth, development, and underwriting of the business.

MAJOR DUTIES & RESPONSIBILITIES

PROFITABILITY & PRODUCTION

  • Goal Achievement - Execute Chubb Major Accounts Property production and business strategies to achieve profitable results through the underwriting, development and growth of regionally produced accounts.
  • Maintain renewals and expand capacity to achieve renewal premium retention plan
  • Growth Strategies Execute upon the assigned roles per the written regional marketing plans and strategies. This includes : Key client & broker relations including sales calls & attendant strategies Completing target account responsibilities & cross sell strategies
  • Underwriting Integrity - Achieving all underwriting standards as outlined by the Major Accounts Property Home office and all applicable underwriting guidelines, authorities, and position papers.

This includes : Risk Selection Pricing & Attachments including rate change goals Terms & conditions

Execute the Region’s Major Accounts Property Marketing Plans including the development and implementation of a marketing plan for assigned producers and geographic territories.

The focus should be on increased external visibility, penetrating additional distribution sources, active client relationship management, pursuit of target accounts / occupancies / markets and Chubb North America Major Accounts cross divisional efforts.

PERFORMANCE MEASURES

  • Achievement of premium goals & budgets
  • Adherence to underwriting goals, guidelines & objectives
  • Actuarial profitability studies on book of business
  • Results of underwriting audits (conducted by any party)
  • Leadership and mentorship abilities
  • Expense management for team budget within guidelines

QUALIFICATIONS

  • 2+ years of property underwriting experience
  • Business acumen
  • Leadership skills
  • High level of product knowledge including : Exposure analysis Form & coverages Rating principles and mechanics Negotiation & presentation skills Experience with broker relations & customer management Strong verbal and written communication skill Basic proficiency in Microsoft Word, Excel, Power Point

Travel may be required for client meetings / marketing trips within the Regions

The pay range for the role is $80,500 to $137,000. 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 .

The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

30+ days ago
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