Posted in Insurance 30+ days ago.
Type: Full-Time
Location: Chicago, Illinois
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) Domestic is looking for an applicant to fill the position of Senior Underwriter in our Chicago, IL. Chubb Global Casualty is the largest operating division in Chubb Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites. We offer 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.
The Senior 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 region, design and propose appropriate program structures and pricing for said opportunities.
Maintain and develop relationships with their brokers and clients.
Develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.
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
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.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.
GXO Logistics Corporate Services, Inc.
|
Baker Tilly
|
Baker Tilly
|