The Commercial Renewal Underwriter contributes to the achievement of customer group 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. Basic knowledge of appropriate business behaviors or a strong desire to learn and continually improve your skills and knowledge of business practices and procedures.Basic proficiency in Microsoft Word, Excel, and Outlook.Critical thinking skills A sharp attention to detail and a commitment to accuracy in all aspects of work.Ability to listen effectively; verbal, and written communication skills to effectively collaborate and communicate information to and from team members and customers.Able to establish trust, credibility, and effective working relationships with colleagues, clients, and stakeholders.Able to work collaboratively and independently to achieve team and personal objectives.Dedicated to high standards of behavior and performance, consistently demonstrating integrity, professionalism, attendance, and accountability.