Underwriter, Private Not for Profit
3 days ago
Chubb is seeking a Private/Not for Profit (PNP) Underwriter that will help to execute growth and underwriting business strategies by implementing established action plans and goals for the Boston Branch. This position will work within the local branch and Financial Lines teams to achieve profitable underwriting results through the growth, development, servicing and underwriting of Private, Not-for-Profit business of all sizes.
Responsibilities:
- Manages a personal renewal book of business and new line responsibilities for your territory.
- Collaborating with the Financial Lines manager and team to execute the Private Not-For-Profit strategies.
- Successful personal market penetration and agency management including building, maintaining, and managing producer and customer relationships via frequent agency travel.
- Developing personal agency strategy and goals with continual monitoring of progress.
- Collaborating with other business units to drive growth and implement cross sell strategies within Financial Lines and across the P&C teams in Small Commercial, Commercial Insurance, and Major Accounts.
- Soliciting, selecting, and analyzing risk within PNP guidelines and ensuring proper documentation.
- Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities in line with division strategy.
- Meeting with producers and renewal customers to make sales presentations including product education and new product roll out.
- Collaborating with underwriters, operations, claims, marketing and home office product management.
- Consistently meeting service standards.
- Collecting and sharing industry intelligence with team, including industry trending and development.
- Help drive P&L accountability including responsibility for premium, profitability, growth, retention, and expense plans/results. This may include weekly projections/forecasts as well as business and budget planning in conjunction with assigned branch.
- Minimum of 1-5 years Underwriting Experience with strong knowledge of Private/NFP products, underwriting, marketing and the competitive environment.
- Demonstrated proficiency in sales, marketing and negotiation.
- Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners.
- Experience developing and executing on marketing plans and prospects.
- Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies.
- Sound, balanced, and timely decision-making skills.
- Knowledge of Microsoft Office Suite as well as other business-related software.
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