Senior Underwriter, Financial Institutions
4 months ago
Chubb currently has a Commercial Insurance Financial Institutions P&C Senior Underwriter opening in our Los Angeles office.
Position Description:
As a Commercial Insurance FI P&C Senior Underwriter, responsibilities will include managing a renewal book of 30 – 40 customers and generating new business of approximately $1-1.5M annually. The position will be responsible for driving profitable growth with assigned agents and brokers. Products include Property, General Liability, Auto, Worker’s Compensation, Umbrella/Excess and International. We are looking for a candidate who is motivated, results oriented, with business and underwriting acumen.
Responsibilities:
The Production Underwriter will:
Focus on underwriting new and renewal P&C for Financial Institutions Establish relationships with key trading partners and drive submission activity across assigned agents and brokers. Be responsible for profit, growth and retention of assigned book. Develop and negotiate price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities. Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies. Maintain and develop relationships with the branch, our brokers and clients. Develop and maintain a prospect pipeline. In conjunction with Underwriting Associate, retain key assigned renewals and lead coordination of Risk Engineering and Claims service plans.Education& Experience:
3 - 5 years of multi-line underwriting experience is required Bachelor’s degree preferred or equivalent work experience Property and Casualty Underwriting experience preferably in the core middle market segment; high degree of proficiency with underwriting process, with solid background in risk analysis. Self-motivated with a strong sense of responsibility for one’s actions and work product. Previous Financial Institutions P&C experience is desirable Strong communication, organization and negotiation skills. Knowledge and understanding of current insurance marketplace conditions. Understanding and adherence to organizational and regulatory rules and ability to adhere to underwriting authority. Proficient in Microsoft OfficeThe pay range for the role is $80,500 to $137,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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