Underwriter, Technology
4 days ago
This role is responsible for underwriting and managing a portfolio of technology-related risks, including but not limited to IT services, software development, telecommunications, and emerging technologies. The Technology Underwriter will play a critical role in driving profitable growth, building strong broker relationships, and delivering tailored insurance solutions to meet the unique needs of technology clients.
Key Responsibilities:
- Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers in our desired industry segments.
- Responsibility for profit, growth, and retention of assigned book. This will consist of $6M-$8M in business.
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- In conjunction with Underwriter Associate, retain key assigned renewals and lead coordination of Loss Control & Claims Service plans for service level accounts.
- Collaborate with underwriters, risk engineering, operations, claims, branch management, marketing, and home office product management.
- Maintain and develop relationships with the branch, our brokers, and clients.
- Develop and maintain a prospect pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.
- Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities.
Travel: 25% as needed.
Bachelor's degree
- 2+ years of underwriting experience
- Presentation and public speaking skills
- Strong negotiations skills
- Knowledge and understanding of current insurance marketplace conditions
- Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
- Understanding of all package lines domestic and international, including Tech E&O and Cyber liability coverage, terms, and conditions.
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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