Underwriter at Chubb, Chicago, IL

Underwriter at Chubb in Chicago, IL. $82,000 to $118,000 a year. Apply with swipeandhired.

Contribute to the achievement of the Excess Casualty National Accounts segment business plan. The Underwriter is responsible for the production, underwriting, and maintenance of new and renewal umbrella and excess casualty accounts within an assigned territory.
The Underwriter establishes and maintains productive relationships with brokers and internal business partners to support the continued flow of new business opportunities and the retention of existing accounts.
Primary responsibilities include:

• Solicit and evaluate new and renewal submissions from brokers.
• Analyze casualty exposures, loss experience, financial information, and risk controls.
• Select, price, and structure risks in accordance with established underwriting strategies and authority.
• Determine appropriate coverage terms and conditions.
• Prepare quotes and document underwriting decisions.
• Manage assigned accounts and portfolios within underwriting authority.
• Develop and maintain strong broker relationships.
• Participate in broker and client meetings.
• Negotiate effectively while balancing customer needs with underwriting profitability.
• Adhere to Chubb standards for pricing, documentation, and account servicing.
• Support the National Accounts and Excess Casualty business plans through effective portfolio management and collaboration.

• Knowledge of the commercial insurance industry and casualty underwriting concepts, practices, and procedures.
• Ability to identify and evaluate risk exposures, hazards, controls, and loss trends.
• Ability to analyze claims information and quantify loss exposure.
• Understanding of financial statements and financial ratios used in risk analysis.
• Understanding of actuarial concepts, including loss development, loss trends, and ratemaking.
• Strong analytical, decision-making, negotiation, and marketing skills.
• Effective written and verbal communication skills.
• Ability to build productive relationships with brokers, clients, and internal business partners.
• Ability to organize, prioritize, and manage work with limited direction.
• Ability to perform effectively in a fast-paced, deadline-driven environment.
• Proficiency with Microsoft Word, Excel, Outlook, and applicable underwriting systems.

The pay range for the role is $82,000 - $118,000. 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 on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.