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Chubb
Irvine, California, United States
(on-site)
Posted
17 days ago
Chubb
Irvine, California, United States
(on-site)
Job Type
Full-Time
Senior Underwriter, Commercial Insurance Specialty
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Senior Underwriter, Commercial Insurance Specialty
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
JOB DESCRIPTIONChubb Commercial Insurance is looking for a motivated, results oriented applicant to fill the position of Core Commercial Property and Casualty Production Underwriter supporting the Irvine and San Diego branches. Commercial Insurance writes companies with revenues up to $1B, including both guaranteed cost and loss sensitive program structures. This position will be charged with growing and underwriting a book of business that consists mainly of Manufacturing, Wholesale Distribution, Professional Services, Food, Other/Business Services, Real Estate, and Cultural Institution Middle Market business. The position will also consist of marketing all Chubb's products to their assigned agency/broker plan to bring in opportunities and profitably grow the Commercial Insurance book of business. The position will work closely with all Commercial Insurance resources both local, Territory Underwriting Manager, Industry Practice/LOB leaders, and Home Office Personnel.
Role Responsibilities
The Production Underwriter will:
- Establish and develop relationships with key distribution partners to drive submission activity in our desired industry segments.
- Responsible for profit, growth, and retention of assigned book of approximately $7M to $8M.
- Meet or exceed new business production goal of $1.5m while maintaining profitability across assigned portfolio and adhering to authority and underwriting strategies. Includes knowledge and achievement of desired pre-bind metrics (Submissions, Quote Ratio, Hit Ratio, Efficiency Ratio) to facilitate profitable growth and achieve production goals.
- Strong marketplace visibility of 10+ external visits per month.
- In conjunction with Underwriter Associate, meet or exceed rate, exposure, and retention goals to achieve desired profitability on renewal book by retaining key assigned branch accounts and leading coordination of Loss Control, Claims and other value-added service plans for service level accounts. Includes developing client relationships.
- Develop understanding of products and engage with other Chubb Business Units to aggressively cross-sell all Chubb Products and Solutions through agent/broker's and existing client relationships. Includes but is not limited to, Multi-National, Environmental, Ocean Cargo, Financial Lines, Product-Recall, E&O, A&H, etc.
- Develop and maintain internal relationships with local branch, Territory Underwriting Manager, Line of business/Industry Practice Leaders and Home Office personnel.
Requisition #: 30283
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Job ID: 82433479

Chubb
Insurance
United States
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 180th largest ...
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