Lead Surety Underwriter for Construction Projects

2 weeks ago


Walnut Creek, California, United States Chubb Full time
Position Overview

Chubb is seeking a Lead Surety Underwriter specializing in Construction in the Walnut Creek area.

The Lead Surety Underwriter is responsible for overseeing and evaluating a diverse portfolio of construction surety accounts with minimal supervision. This role also focuses on fostering and nurturing relationships with agencies and brokers to create new business avenues.

Key Responsibilities:
  • Functions within a dual underwriting framework to enhance the underwriting process by delivering insightful and well-reasoned recommendations, utilizing financial assessments and contract evaluations alongside an understanding of industry dynamics and economic influences.
  • Boosts Chubb's visibility in designated regions and collaborates with colleagues to cultivate new business prospects through relationship management with both internal and external partners.
  • Engages in marketing and prospecting for new business opportunities by traveling across the assigned region. Anticipated travel for meetings with producers, clients, and industry gatherings is between 25-50%.
  • Provides prompt and high-quality service to clients by anticipating their needs and showcasing a deep understanding of the competitive landscape.
  • Communicates information (both written and verbal) effectively to achieve desired outcomes.
Qualifications

Preferred Qualifications:
  • Familiarity with the surety sector
  • Understanding of underwriting principles, practices, and methodologies
  • Strong organizational and time management capabilities
  • Exceptional verbal and written communication skills
  • Enthusiasm for marketing and relationship development
  • Proactive in striving to meet and surpass objectives with minimal guidance
Requirements:
  • 3-5 years of experience in surety underwriting (or a related field)
  • Bachelor's degree
The compensation range for this position is between $80,500 and $137,000. The specific offer will be contingent upon the applicant's qualifications and other relevant factors. This role may also qualify for participation in an annual discretionary incentive program. Chubb provides a comprehensive benefits package, further details of which can be found on our careers page. The disclosed salary range may be adjusted based on the applicable geographic differential for the location where the position is filled.

About Chubb

Chubb stands as a global leader in the insurance industry. With operations spanning 54 countries, Chubb offers a wide array of commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a varied clientele. The company is recognized for its extensive product and service offerings, broad distribution capabilities, exceptional financial stability, underwriting excellence, superior claims management expertise, and local operations worldwide.

At Chubb, we are dedicated to equal employment opportunities and adhere to all laws and regulations related to it. Our policy ensures that employment, training, compensation, promotions, and other employment conditions or opportunities are provided without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disabilities, medical conditions, genetic information, military and veteran status, age, pregnancy, or any other characteristic protected by law. Performance and qualifications are the sole criteria for hiring, assigning, promoting, compensating, developing, and retaining employees. Chubb prohibits all forms of unlawful discrimination, harassment, and retaliation against anyone who reports discrimination or harassment.
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