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Commercial Insurance Program Underwriter at Chubb

Posted in General Business 30+ days ago.

Type: Full-Time
Location: New Haven, Connecticut





Job Description:

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 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.

CHUBB is currently seeking a CommerciaI Insurance Program Underwriter (Combined UW/UA Role) to join the New Haven Office Underwriting team.

Job Responsibilities:

~ Underwrite a portion of the Burgee Yacht Program written through our New Haven office. Estimated written premium for this position is roughly $5M and consists of roughly 400 policies. There are multiple Underwriters supporting this program.

~ Lines of business would include Package (Property & General Liability), Monoline GL, Auto, Workers' Compensation, Umbrella, and Marine Liability.

~ Complete management of Standardized Tools and Inventory Management for communication with the processing centers.

~ Achieve favorable rate, retention, and profitability results. ~ Account rounding and some potential for new business.

~ Monitor and track results using CMR and PMR Futures. ~ Service accounts (internally/externally) based on Chubb  guidelines. ~ Develop strong marketing relationships with the broker (Gowrie) and all branch personnel in order to successfully manage the business. Business travel may be required 1-2 times annually.

Skills and Competencies: ~ Candidate must have proven ability to successfully negotiate and develop strong producer relationships. ~ Proven track record of service orientation is required. ~ Knowledge of marketing principles, underwriting, and pricing strategies. ~ The aptitude to attract and retain profitable business is essential. ~ Solid background in risk analysis is essential. ~ Candidate must have strong interpersonal, written, and verbal communication skills.

~ Candidate must have very strong Time and Desk Management skills in conjunction with good organizational skills. Proper management of Outlook email is critical.

~ The ability to work independently and cohesively in a team environment. This would also include Underwriting Leadership, Operations staff, and field management/underwriters. ~ The ability to work effectively in a fast-paced environment is crucial.

~ Knowledge of all rating systems and CUW a plus.

 

Education and Experience:

~ High School Diploma or equivalent. ~ Minimum 3-5 years of underwriting and/or UA experience.

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.

 





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