Chubb Commercial Insurance is looking for an applicant to fill the position of Excess Casualty Underwriter. This underwriter would be responsible for underwriting an assigned book of up to $5M in premium across our Excess and Umbrella portfolio. Candidate can be based out of the Pittsburgh or Philadelphia branches.
Commercial Insurance (CI) writes customers with revenues up to $1B, including both guaranteed cost and loss-sensitive program structures. This underwriter will be charged with directly underwriting and growing an Excess Casualty book consisting of Manufacturing, Wholesale Distributors, Real Estate, and Services related firms. The underwriter will be charged with marketing to their assigned agency/broker plant to bring in opportunities and will work closely with the respective CI Managers, Industry Segment Territory Underwriting Managers, and home office to continue the profitable growth of the portfolio.
Responsibilities
The Production Underwriter will:
Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers within the Pittsburgh and Philadelphia markets in our desired industry segments. Be responsible for profit, growth, and retention of assigned book. Meet or exceed new business production goals while maintaining profitability across the assigned portfolios and adhering to authority and strategies. Exceed customer retention goals. Maintain and develop relationships with the branch, our brokers, and clients. Develop a prospect pipeline with our distribution partners, as well as engage other business units for cross-selling opportunities. Bachelor’s Degree3-5 years of underwriting experience preferably in an excess/umbrella capacityConfidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokersPresentation and public speaking skillsStrong negotiation skillsLocal broker and insurance marketplace relationshipsKnowledge and understanding of current insurance marketplace conditionsUnderstanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authorityUnderstanding of Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms, and conditionsProficiency in Microsoft Office Suite