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Executive Underwriter

Executive Underwriter

ChubbChicago, IL, US
2 days ago
Job type
  • Full-time
Job description

We are seeking an Executive Underwriter to join our National Private Equity Practice for our Financial Lines / Private and Not-for-Profit Insurance Products.  The PNP Underwriter will be accountable for the growth and profitability of private equity-backed accounts for the Midwest Region. This position is salary grade flexible based on the successful candidate's experience.

Personal Book of Business :

  • Financial performance, including profit, rate, retention, and growth, of a personal book of business consisting of D&O, EPL, Fiduciary, Employed Lawyers, Crime, K&R / Extortion, and Workplace Violence lines of business.
  • Successful market penetration and agency management including building, maintaining and managing producer and customer relationships
  • Developing personal agency strategy and goals with continual monitoring of progress
  • Identifying cross sell opportunities within commercial products and services on personal book of business
  • Soliciting, selecting and analyzing risk within PNP guidelines and ensuring proper documentation
  • Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities
  • Meeting with producers and renewal customers to make sales presentations including product education and new product roll out
  • Collaborating with underwriters, operations, claims, marketing and home office product management
  • Consistently meeting service standards
  • Collecting and sharing industry intelligence with team, including industry trending and development

Knowledge, Skills and Abilities :

  • Demonstrated technical expertise in Financial Lines / Management Liability insurance products
  • Strong analytical skills
  • Demonstrated proficiency in sales, marketing and negotiation
  • Strong interpersonal, communication and negotiation skills
  • Ability to effectively interact with all levels of internal and external business partners
  • Experience developing and executing on marketing plans and prospects
  • Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies
  • Sound, balanced, and timely decision-making skills
  • Knowledge of Microsoft Office Suite as well as other business-related software
  • Education and Experience :

  • Bachelor's degree or equivalent experience
  • Minimum 5 years’ experience in Private Management Liability Underwriting
  • Private equity-backed business experience preferred, but not required
  • Executive Underwriter
  • The pay range for the role is $110,000 to $170,500. 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.

    The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

    Chubb is a world leader in insurance. 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.

    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.

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