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AVP, Equipment Breakdown Underwriter
2 months ago
Job Description
Chubb Commercial Insurance is currently seeking an AVP Equipment Breakdown Underwriter to join the CI Property Line of Business team.
Responsibilities:
The Equipment Breakdown Complex Account book consists of large healthcare, manufacturing, food, utilities, lumber, etc. accounts. As the Complex Account Underwriter, the responsibilities include managing and servicing the approximate $21M renewal portfolio along with quoting new business and managing agency relationships.
Specific responsibilities include:
Establishing and building upon agency relationships through regular travel and communication, exceptional service and industry knowledge & expertise
P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for the assigned book
Develop and negotiate price, coverage, terms and conditions on the renewal book including new business opportunities.
Underwriting Strategy Execution - Manages the execution of CI Equipment Breakdown strategies and overall portfolio management of the assigned book of business.
Analyzes and manages large, complex Equipment Breakdown risk exposures.
Collaboration with underwriting including Complex Property Team, operations, claims and risk engineering in order to effectively service book of business.
Work closely with Territory Underwriting Manager to deliver Equipment Breakdown specific training & mentoring.
Qualifications
•Minimum 5-7 years of Equipment Breakdown underwriting experience.
•Understanding of CI Equipment Breakdown products and appetite
•Strong technical/underwriting leadership skills
•Advanced marketing and negotiation skills
•Builds strategic relationships.
•Strong communication skills
•Drives execution.
•Position requires regular travel (25%)
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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