Boston, MA
63 days ago
Underwriter, Property

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVES 

Responsible for Major Accounts Property growth and underwriting business strategies by executing upon established team action plans and goals for the Pacific region. Key measurements include achieving profitable underwriting results through the growth, development, and underwriting of the business. 


MAJOR DUTIES & RESPONSIBILITIES      

 PROFITABILITY & PRODUCTION

Goal Achievement - Execute Chubb Major Accounts Property production and business strategies to achieve profitable results through the underwriting, development and growth of regionally produced accounts.  Maintain renewals and expand capacity to achieve renewal premium retention plan Growth Strategies – Execute upon the assigned roles per the written regional marketing plans and strategies.  This includes: Key Client & Broker Relations including Sales Calls & attendant strategies Completing Target Account responsibilities & Cross Sell Strategies Underwriting Integrity - Achieving all underwriting standards as outlined by the Major Accounts Property Home office and all applicable Underwriting Guidelines, Authorities, and Position Papers.  This includes: Risk Selection Pricing & Attachments including Rate Change Goals Terms & Condition Execute the Region’s Major Accounts Property Marketing Plans including the development and implementation of a marketing plan for assigned producers and geographic territories. The focus should be on increased external visibility, penetrating additional distribution sources, active client relationship management, pursuit of target accounts/occupancies/markets and Chubb North America Major Accounts cross divisional efforts.

PERFORMANCE MEASURES

Achievement of Premium Goals & Budgets Adherence to Underwriting Goals, Guidelines & Objectives Actuarial Profitability studies on Book of business Results of Underwriting Audits (conducted by any party)  Leadership and mentorship abilities Expense management for team budget within guidelines Minimum of 7 Years Property Underwriting ExperienceBusiness AcumenLeadership skillsHigh Level of Product Knowledge including:Exposure AnalysisForm & CoveragesRating Principles and MechanicsNegotiation & Presentation SkillsExperience with Broker Relations & Customer ManagementStrong Verbal and Written Communication SkillBasic Proficiency in Microsoft Word, Excel, Power Point

Travel may be required for client meetings/marketing trips within the Regions

 Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.  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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.

In New York City, NY the pay range for the role is $101,000 to $172,000. 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 at https://careers.chubb.com/global/en/north-america.  This range is specific to New York City, NY and may not be applicable to other locations. 

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