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Executive Underwriter - Global Casualty at Chubb

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Dallas, Texas





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 Global Casualty (CGC) is looking for an applicant to fill the position of Executive Underwriter in our Dallas, TX Branch. 

Formerly ACE Risk Management, CGC is the largest operating division in Chubb Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites. CGC offers customized & complex primary loss sensitive programs tailored to our client’s business needs and operations. The core lines of business include: Workers Compensation, General Liability and Auto Liability. Industries include major league sports, entertainment & media companies, large manufacturing & servicing industries, national retail and restaurant chains, and large transportation companies.

The Executive Underwriter is responsible for production, underwriting and maintenance of new and renewal domestic casualty accounts within the Southwest Region. In addition, the Executive Underwriter is responsible for establishing and cultivating business relationships with brokers and clients to assure the continued flow of new business opportunities while representing all Chubb Global Casualty segments and products. 

Responsibilities 

The Executive Underwriter will:


  • Handle day-to-day servicing for a book of large, complex, loss-sensitive accounts.

  • Be responsible for growth and retention of assigned book.

  • Negotiate the annual pricing, terms and conditions on renewal business.

  • Work on new business opportunities with key brokerage houses in the Southwest Region, design and propose appropriate program structures and pricing for said opportunities.

  • Proactively maintain and develop relationships with brokers and clients.

  • Proactively develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.

  • Engage with National Brokers.

  • Learn in a fast-paced, dynamic environment

Desired Qualifications:


  • Bachelor’s degree

  • At least 5+ years underwriting experience including time spent in the primary casualty loss sensitive space

  • Proficiency in Microsoft Office Suite

  • Presentation and public speaking skills

  • Strong negotiations skills

  • Local broker and insurance marketplace relationships

  • 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 Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms and conditions – included but not limited to ISO AL & GL and NCCI Workers Compensation coverage forms and endorsements.

  • Understanding of large deductible programs and the credit and collateral implications of such programs

  • Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends

  • Travel may be required about 25% of the time.

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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