Employment Type: Full-Time
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 Los Angeles branch is currently looking for a Senior Underwriter to join its Commercial Insurance Middle Market department.
The Senior P&C Underwriter has responsibility for new and renewal business for his/her own book of business. ($6-7M renewal book and a $1.5M new business goal). Based in Los Angeles, CA, the position will be responsible for driving profitable growth with Los Angeles-producers, inclusive of boutique agencies to key Cornerstone relationships. Lines of business include package, automobile, umbrella, international, Cyber, E&O, and workers' compensation. Underwriting duties will include 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.
Knowledge, Skills, and Abilities Required:
Candidate will have experience in multi-line package underwriting. 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. A strong property background is preferred.
Education and Experience:
Bachelor's degree or equivalent experience
Minimum 5 years of underwriting experience
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.