Chubb is the world’s largest publicly traded property and casualty insurer. 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 Commercial Insurance Division is seeking to fill an Package Underwriter position in the New Jersey branch
Responsibilities
Drive financial performance of a commercial book of business comprised of Package business with a focus on Manufacturing, Professional Service, and other middle market opportunities.
Underwrite and negotiate renewals with a total premium of $7.5 million of Commercial business in various industries and new business goal of $1.75 million.
Marketing responsibility for roughly 10-15 agency partners in the New Jersey territory with visitation goals of 10-12 client interactions per month.
Meet or exceed financial goals including rate, growth, profit, retention, and new business
Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers
Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients
Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery
Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory
Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives
Utilize agency travel and ProV1 to build a robust prospect pipeline.
Qualifications
Strong sales, marketing, and negotiation skills
Minimum of 5+ years insurance industry experience.
Minimum of 5+ years of commercial lines underwriting experience
Proven track record of building strong business relationships with agents and insuredsDemonstrated strong written and oral communication skills
Proven ability in complex account analysis, prioritization, organization and detail orientation
Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently
Knowledge of Microsoft Office Suite as well as other business-related software
Educational and Experiential Requirements
Strong desire to improve knowledge and skill set in the commercial lines of business
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.
