Underwriter, Commercial Insurance Specialty jobs in United States
cer-icon
Apply on Employer Site
company-logo

Chubb · 3 months ago

Underwriter, Commercial Insurance Specialty

Chubb is a world leader in insurance, seeking a skilled Commercial Lines Underwriter to join its Middle Market Commercial Insurance team in Walnut Creek. The role focuses on managing a renewal book, generating new business, and driving profitable growth through collaboration with agents and brokers.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

Responsibilities

Oversee the financial performance, including profit, rate, retention, and growth, of a portfolio of Middle Market Multi-Line Commercial P&C Business. New Business Target of $1.3m to $1.6m and Renewal portfolio of approximately $7m in value
Develop and negotiate pricing, coverage, terms, and conditions for all new business and renewals, while actively identifying account rounding opportunities for other Chubb practices
Implement and manage effective pricing and rate strategies to ensure profitability, book growth, and successful producer relations
Identify growth opportunities within new and existing production sources, and develop and execute a strategic plan for new business growth, including prospect development
Achieve successful market penetration and manage agency relationships by building, maintaining, and nurturing producer and customer connections
Conduct sales presentations, including product education and new product rollouts, with producers and new and renewal customers
Collaborate with underwriters, operations, claims, marketing, and home office product management
Consistently meet service standards
Collect and share industry intelligence with the team, including trends and developments

Qualification

Underwriting experienceRisk analysisMarketingNegotiationProperty & Casualty experienceSalesMarketing skillsFinancial analysisMicrosoft Office SuiteCommunication skillsInterpersonal skillsTime managementRelationship-building

Required

Bachelor's degree or equivalent experience
Proven marketing and negotiation skills
Strong communication, interpersonal, and time management skills
Experience in both Property & Casualty lines of business
Strong sales and marketing skills, with demonstrated success in agency and broker management
Ability to identify opportunities for growth within new and existing production sources
Proficiency in the underwriting process, with a solid background in risk analysis
Strong analytical skills, including financial analysis
Excellent interpersonal, communication, and relationship-building skills
Ability to effectively interact with all levels of internal and external business partners
Knowledge of marketing principles, pricing/rate strategies, and their application to achieve underwriting profit
Proficiency in Microsoft Office Suite and other business-related software

Preferred

Preferably 3+ years of underwriting experience
Familiarity with global programs is a plus

Benefits

Discretionary annual incentive program
Comprehensive benefits package

Company

Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.

Funding

Current Stage
Public Company
Total Funding
$10.25B
Key Investors
Berkshire Hathaway
2025-08-04Post Ipo Debt· $1.25B
2024-07-29Post Ipo Debt· $1.3B
2024-05-15Post Ipo Equity· $6.7B

Leadership Team

leader-logo
Annmarie Dugan Hagan
CFO Operations Technology & Transformation Chubb Group
linkedin
leader-logo
John Keogh
President & Chief Operating Officer
linkedin
Company data provided by crunchbase