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Senior Underwriter, Multinational - 10685

at Chubb in Chicago, Illinois, United States

Job Description

JOB DESCRIPTION

Position Description:

  • Business Development & Broker Management - Utilize and develop personal and business relationships with P&C brokers and producers to produce new account opportunities for Chubb Multinational.
  • Broker/Territory Management - Execute on the sales and marketing plan for assigned territory or broker, ensuring that monthly broker calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts.
  • Account Targeting - Harvest personal knowledge of sales territory and broker-controlled business as well as existing and historic Chubb business relationships to develop and refine a long-term prospecting and short-term target list of new business opportunities.
  • Quote to Win - Review new business submissions to understand the nature of the international casualty risk as wells as the incumbent's current offering - utilize this analysis to produce and deliver winning quotes.
  • Service Brokers and Clients to Grow - Work with brokers and clients to understand and respond to evolving client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure.
  • Understand and Manage Risk - Embrace the challenge of producing and underwriting profitable new business opportunities. Nature of operations, deal structure, quality of information, an understanding of U.S. and local country requirements, and Chubb's industry-leading multinational capabilities are all key to putting the right business on the books and growing profitably over time.

Major Duties and Responsibilities, Duties may include but are not limited to:

  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Binds coverage
  • Documents the underwriting files
  • Handles more complex files and portfolios within underwriting authority
  • Guides and mentors junior staff



QUALIFICATIONS


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.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 12074776

Posted On: Jul 25, 2024

Updated On: Jul 25, 2024

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