Chubb · 2 days ago
Commercial Renewal Underwriter - Excess Casualty
Chicago, IL
Full-time
Onsite
Entry, Mid Level
$70K/yr - $100K/yr
2+ years expChubb is a world leader in insurance, providing a wide range of commercial and personal insurance products. The role of Commercial Renewal Underwriter involves reviewing and analyzing existing insurance policies, managing a book of renewal business, and communicating with brokers and clients to negotiate terms and coverage changes.
Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management
Responsibilities
Review and analyze existing insurance policies up for renewal, assessing risk exposures and determining if terms and pricing remain appropriate
Maintain and manage a book of renewal business, ensuring retention targets and profitability goals are met
Communicate with brokers, agents, and clients to discuss renewal terms, address questions, and negotiate coverage changes
Evaluate claims history, loss trends, and changes in client operations to adjust coverage or pricing as needed
Ensure all renewal documentation, endorsements, and policy changes are accurately processed and compliant with regulatory and company standards
Work closely with other departments (e.g., claims, actuarial, legal) to resolve complex cases and support cross-functional initiatives
Stay updated on market trends, competitor activity, and regulatory changes to inform underwriting decisions
Adhere to Chubb’s underwriting guidelines, authority limits, and compliance requirements
Underwriter will handle between 140 - 160 renewals
Qualification
Required
2+ years of insurance experience, preferably in commercial or specialty lines
Strong analytical and risk assessment abilities
Proficiency with underwriting systems and Microsoft Office Suite
Excellent verbal and written communication for broker and client interactions
Negotiation and relationship management skills
Detail-oriented, organized, and able to manage multiple renewals simultaneously
Ability to work independently and as part of a team
Preferred
Prior experience with renewals or portfolio management is a plus
Understanding of insurance products, policy language, and regulatory requirements is a plus
Benefits
Discretionary annual incentive program
Comprehensive benefits package
Company
Chubb
Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.
10001+ employees
H1B Sponsorship
Chubb has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$10.25BKey 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
Annmarie Dugan Hagan
CFO Operations Technology & Transformation Chubb Group
John Keogh
President & Chief Operating Officer
Recent News
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