Chubb - Boston, MA
posted 5 months ago
About the position
This role will be a new business underwriter in the Chubb Global Climate Business unit reporting into the Vice President for Climate Tech. The Chubb Global Climate Business Unit's mission is to expand existing capabilities and expertise to establish Chubb as the leading global provider of P&C insurance products and services. Our approach is to establish a Global practice, with embedded risk engineering, claims handling, analytics, and communications to support local execution and deliver proactive “go to market” capabilities that address the ongoing evolution of climate sustaining operations, technologies and services. The Executive Underwriter will focus on generating a new business pipeline and growing the portfolio, handling key accounts within Climate Tech IP, and building the Chubb brand in the marketplace. This position requires learning about emerging technologies and finding insurance solutions utilizing all Chubb resources and third-party sources. The underwriter will drive the financial performance of a commercial book of business, meeting or exceeding financial goals including rate, growth, profit, retention, and new business. The role is predominantly responsible for account solicitation, risk selection and analysis, pricing, and sales of core commercial products and services for new and existing customers. The Executive Underwriter will participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients. Additionally, the underwriter will meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms, and service delivery. Building relationships with agents/brokers to meet or exceed financial goals and creating effective business plans for assigned agents/brokers and territory is also a key responsibility. Collaboration with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and Chubb risk engineers is essential for success in this role.
Responsibilities
- Focus on generating New Business pipeline and growing portfolio.
- Handling of Key Accounts within Climate Tech IP.
- Building Chubb Brand in the marketplace.
- Learning emerging technologies and finding insurance solutions utilizing all Chubb resources and third party sources.
- Drive financial performance of a Commercial book of business.
- Meet or exceed financial goals including rate, growth, profit, retention, and new business.
- Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers.
- Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients.
- 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 Chubb risk engineers.
Requirements
- Strong Property and Products liability underwriter.
- Minimum of 8+ years insurance industry experience.
- Minimum of 8+ years of commercial lines underwriting experience.
- Proven track record of building strong business relationships with agents and insureds.
- Demonstrated strong written and oral communication skills.
- Proven ability in complex account analysis, prioritization, organization and detail orientation.
- Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently.
- Strong desire to improve knowledge and skill set in the commercial lines of business.
Nice-to-haves
- Strong sales, marketing, and negotiation skills.
