Executive Underwriter, Specialty Casualty

Chubb

  • Los Angeles, CA
  • $92,500-158,000 per year
  • Permanent
  • Full-time
  • 1 month ago
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 Group of Insurance Company's downtown Los Angeles is currently looking for an Executive Underwriter to join its Commercial Insurance Middle Market department.Position Description:
The Executive Specialty Casualty P&C Underwriter has responsibility for new and renewal business for his/her own book of business ($5-6M renewal book and a $1.5M new business goal) based in Downtown Los Angeles, CA.The position will be responsible for driving profitable growth with Los Angeles producers, inclusive of boutique agencies to key Cornerstone relationships. Lines of business include General Liability including Pollution, Auto, Umbrella and Workers Compensation. Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb Commercial Insurance practices.Collaborating with underwriters, operations, claims, marketing, and home office management is necessary. Must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.Knowledge, Skills, and Abilities Required:
  • Experience in multi-line package underwriting.
  • Experience in Manufacturing and Construction industry practices
  • Prior experience in non-admitted markets is a plus
  • Strong sales and marketing skills are critical; able to position accounts and close deals.
  • Candidate must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners.
  • Teamwork, communication, and negotiation skills required. Candidate will need a solid background in risk analysis and experience with complex accounts.
  • Possess a high degree of proficiency with the underwriting process and partner effectively with an Underwriting Associate.
  • Candidate must have exemplary ability to effectively interact with all levels of customers and coworkers.
  • Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.
  • The ability to be creative and adaptable in a changing business environment. Sound decision making skills required.
Education and Experience:
  • Bachelor's degree or equivalent experience
  • 3+ years of underwriting experience is preferred
The pay range for the role is $92,500 to $158,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.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.

Chubb