Assistant Vice President of Underwriting

2 weeks ago


Chicago, Illinois, United States Chubb Full time
Position Overview

Chubb Global Casualty (CGC) Domestic is seeking a qualified candidate for the role of Assistant Vice President of Underwriting. This position is critical in managing our portfolio of large, intricate, loss-sensitive accounts. Our division specializes in providing tailored insurance solutions for Fortune 1,000 companies, focusing on customized and complex primary loss-sensitive programs that align with our clients' operational needs.

Key Responsibilities
  • Oversee daily management and servicing of a diverse book of large, complex accounts.
  • Drive growth and ensure retention of the assigned portfolio.
  • Engage in negotiations regarding annual pricing, terms, and conditions for renewal accounts.
  • Collaborate on new business initiatives with key brokerage firms in the Midwest, designing and proposing suitable program structures and pricing strategies.
  • Foster and maintain strong relationships with brokers and clients.
  • Develop a robust pipeline with major trading partners while exploring cross-selling opportunities with other business units.
Qualifications
  • Bachelor's degree or equivalent professional experience.
  • A minimum of 8 years of underwriting experience, particularly in the primary casualty loss-sensitive sector.
  • Proficient in Microsoft Office Suite.
  • Excellent presentation and public speaking abilities.
  • Strong negotiation skills.
  • Established relationships within the local broker and insurance marketplace.
  • In-depth knowledge of current insurance market conditions.
  • Comprehensive understanding of organizational and regulatory guidelines, with the ability to adhere to underwriting authority.
  • Familiarity with Workers Compensation, General Liability, and Auto Liability insurance coverage, including ISO AL & GL and NCCI Workers Compensation forms and endorsements.
  • Knowledge of large deductible programs and their credit and collateral implications.
  • Ability to identify risk exposures and implement appropriate controls, alongside analyzing claims and loss trends.
About Chubb

Chubb is a leading global insurance provider, operating in 54 countries. We offer a wide range of commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse clientele. Our company is recognized for its extensive product offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, and superior claims handling expertise.

At Chubb, we are dedicated to fostering an inclusive workplace and ensuring compliance with all relevant employment laws and regulations. We are committed to providing equal opportunities in employment, training, compensation, and promotions, without regard to any characteristic protected by law. Performance and qualifications are the sole criteria for hiring, assigning, promoting, compensating, developing, and retaining employees. Chubb strictly prohibits any form of unlawful discrimination, harassment, or retaliation against individuals who report such behavior.
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