Chicago, IL
17 days ago
PRS Sr. Portfolio Underwriter

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 Personal Risk Services is looking for a Senior Portfolio Underwriter for the Midwest Underwriting Team. This position will report to one of our Underwriting Managers and based in Chicago, IL.

*Salary grade will be based on the candidate’s experience

As a Personal Risk Services, PRS, Senior Portfolio Underwriter, you are accountable for:

Individual risk selection for accounts generating an annual premium less than $100,000  Assuming a producer relationship and account leadership role in the achievement of profit, growth and retention for assigned book of business   Working closely with key producers on all Portfolio accounts for assigned territories Assuring that the quality of new business is consistent with PRS’ strategy and prescribed underwriting guidelines as well as catastrophe management objectives  Evaluating account details (contract modifications, writing companies, deductibles, overall account rating structure based on all exposures including up-sell and account rounding) Developing technical expertise in the underwriting and pricing of all Portfolio products  Working with the producer and branch to coordinate annual insurance reviews that identify product and service needs of customers  Analyzing customer information and making recommendations for additional coverage and services  Aggressively researching and analyzing industry trends (insurance and customer) to stay current and identifying emerging issues affecting business plans, new product and service opportunities; actively sharing with constituents  Preparing renewal proposals that assist the producers in promoting account retention and growth  Communicating any potential account acquisition or growth issues to branch  Contributing to the training of staff within the Underwriting Center and Region on Portfolio capabilities

Knowledge, Skills & Abilities:

5+ Years of High Net Worth Personal Lines Underwriting Experience  Strong verbal and written communication skills Strong collaboration and negotiation skills Creative problem solving skills Strong technical underwriting skills In depth knowledge of PRS’ strategies, products and services Strong history of results and customer service orientation Ability to create strong Producer, Home Office Underwriting, Marketing, Territory and Branch Manager relationships
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