Senior Underwriter, Commercial Insurance Specialty (Finance)
JOB DESCRIPTION
Chubb is seeking a skilled Commercial Lines Property and Casualty Underwriter to join its Middle Market Commercial Insurance team in our Alpharetta, GA Branch. Commercial Insurance writes companies with revenues up to $1B, including both guaranteed cost and loss sensitive program structures. This position will be charged with growing and underwriting a book of business that consists mainly of Manufacturing, Wholesale Distribution, Professional Services, Food, Other/Business Services, Real Estate, and Cultural Institution Middle Market business. This role involves managing a renewal book and generating new business, with a focus on driving profitable growth through collaboration with assigned agents and brokers. The product portfolio includes Package, Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess, and International lines of business. We are looking for a highly motivated, results-oriented candidate with a strong business and underwriting acumen.
Role Responsibilities
The Production Underwriter will:
- Oversee the financial performance, including profit, rate, retention, and growth, of the assigned book.
- Meet or exceed new business production goal of $1.2M-$1.5M while managaing a Renewal Book of approximately $9M, both are subject to change; maintaining profitability across assigned portfolio and adhering to authority and underwriting strategies. Includes knowledge and achievement of desired pre-bind metrics (Submissions, Quote Ratio, Hit Ratio, Efficiency Ratio) to facilitate profitable growth and achieve production goals.
- Strong Focus on developing a prospect pipeline 5x new business production goal with assigned distribution partners using advanced company prospecting tools and strong marketplace visibility of 12+ external visits per month.
- Identify growth opportunities within new and existing production sources, and develop and execute a strategic plan for new business growth, including prospect development.
- Achieve successful market penetration and manage agency relationships by building, maintaining, and nurturing producer and customer connections.
- In conjunction with Underwriter Associate, meet or exceed rate, exposure, and retention goals to achieve desired profitability on renewal book by retaining key assigned branch accounts and leading coordination of Loss Control, Claims and other value-added service plans for service level accounts. Includes developing client relationships.
- Develop understanding of products and engaging with other Chubb Business Units to aggressively cross-sell all Chubb Products and Solutions through agent/broker's and existing client relationships. Includes but is not limited to, Multinational, Environmental, Ocean Cargo, Financial Lines, Product-Recall, E&O, A&H, etc.
- Develop and maintain internal relationships with local branch, Territory Underwriting Manager, Line of business/Industry Practice Leaders and Home Office personal.
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.
