Underwriter, Commercial Insurance Specialty

$84,100 - $143,000/Yr

Chubb - San Francisco, CA

Full-time - Mid Level

San Francisco, CA

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Commercial Lines Underwriter position at Chubb in San Francisco focuses on managing the financial performance of a mid-market multi-line commercial business. The role involves developing and executing growth strategies, managing producer and customer relationships, and ensuring compliance with underwriting guidelines. The underwriter will also be responsible for soliciting and analyzing risks, negotiating terms, and collaborating with various teams to meet service standards and drive business growth.

Responsibilities

• Manage the financial performance of a book of mid-market multi-line Commercial business.
• Achieve a new business goal of $1M each year.
• Identify growth opportunities within new and existing production sources.
• Develop and execute a new business growth strategy.
• Build, maintain, and manage producer and customer relationships.
• Develop agency strategy and goals with continual monitoring of progress.
• Identify cross-sell opportunities within commercial products and services.
• Solicit, select, and analyze risk within Chubb Commercial Insurance guidelines.
• Develop and negotiate price, coverage, and terms for new business and renewals.
• Meet with producers and customers to make sales presentations and educate on products.
• Collaborate with underwriters, operations, claims, marketing, and product management teams.
• Collect and share industry intelligence with the team.

Requirements

• Bachelor's degree or equivalent experience.
• 3-5 years underwriting experience preferred.
• Solid knowledge of specialty commercial underwriting and insurance industry practices.
• Demonstrated technical expertise in handling commercial insurance lines.
• Strong analytical skills, including financial analysis.
• Proficiency in sales, marketing, and negotiation.
• Strong interpersonal, communication, and relationship-building skills.
• Ability to interact effectively with all levels of internal and external partners.
• Experience in developing and executing marketing plans.
• Ability to be creative and adaptable in a changing business environment.
• Sound decision-making skills.
• Knowledge of Microsoft Office Suite and other business-related software.

Benefits

• Comprehensive benefits package including health insurance, retirement plans, and performance incentives.