Underwriter, Technology (Finance)
JOB DESCRIPTION
Chubb is seeking a highly motivated, results oriented Commercial Lines Technology Underwriter to join our industry leading technology practice. The primary focus of the position will be Package, Umbrella, Workers Compensation, Automobile and International coverages for a wide variety of customer types in this niche space.
This Underwriter will manage a $6-8M book of Technology renewal business and be responsible for a new business goal of $1M-$1.5M. Lines of business include Property, General Liability, E & O, Automobile, Umbrella, International, and Workers' Compensation. Underwriting duties will include external engagement, new business production, renewal retention, and key account stewardship. Must implement and effectively manage pricing and rate strategies that will garner probability, book growth and successful broker/agency relationship.
Responsibilities
- Drive financial performance of assigned book of business. Underwriter will have a renewal book with a strong flow of new business submissions.
- Meet or exceed financial goals including rate, growth, profit, retention, and new business.
- Meet or exceed service standards.
- Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of technology products and services for new and existing customers.
- Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery.
- Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory.
- Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives.
- Develop technical expertise of underwriting associates.
- Utilize agency travel to build a robust prospect pipeline.
QUALIFICATIONS
ABOUT US
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.
