The Commercial Renewal Underwriter contributes to the achievement of customer group (CIS) or specialty goals as well as corporate goals relating to growth, profit, renewal retention, and service and producer/client management. Major responsibilities include: 

Risk Assessment: Evaluate and analyze the risk associated with renewing insurance policies, ensuring that Chubb underwriting guidelines and standards are met.

Policy Review: Review existing policies to assess performance, claims history, and changes in risk profiles to determine appropriate renewal terms and premiums at least 120 days prior to renewal. Client Communication: Collaborate with brokers to discuss renewal terms, address inquiries, and negotiate adjustments as necessary. Data Analysis: Utilize Chubb data and analytics tools to identify trends and determine the adequacy of pricing and coverage for renewal business. Documentation Management: Ensure all underwriting documentation is complete, accurate, and compliant with internal policies and regulatory requirements no more than 60 days after binding. Risk Mitigation: Identify potential risks and suggest risk mitigation strategies to enhance underwriting practices and minimize exposure. Collaboration: Work closely with other departments, including claims and actuarial teams, to gather insights and feedback that inform renewal decisions. Market Research: Stay current with industry trends, market conditions, and competitor offerings to make informed underwriting decisions, ie mindful deployment of limits and attachments. Regulatory Compliance: Ensure all renewal processes follow regulatory requirements and company policies, maintaining adherence to legal standards. Continuous Improvement: Contribute to the development and enhancement of underwriting processes and policies to improve efficiency and effectiveness. Underwriters handle a book of 135 - 140 policies, 8-12 renewals a month.  Candidates with strong commercial liability background are preferred but not required.