5+ years of experience
Concerned about your lack of experience? Learn More...
Employment Type:
Full time
Job Category:
(This job is no longer available)
Chubb | Los Angeles, CA
Grad Date

Not sure what types of jobs you are interested in?

Explore Jobs
Based on Your Education

Follow This Company

Job Description

Chubb is the world's largest publicly traded property and casualty insurer. 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.

Chubb Group of Insurance Company's Los Angeles branch is currently looking for an Underwriter to join its Commercial Insurance Middle Market department.

Position Description:

The underwriter has responsibility for new and renewal business for his/her own book of business. ($5-7M renewal book and a $1.5M new business goal). The position will be responsible for driving profitable growth with Los Angeles producers, inclusive of boutique agencies to key Cornerstone relationships. Lines of business include package, automobile, cyber, umbrella, international, and workers' compensation. Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb Commercial Insurance practices. Collaborating with underwriters, operations, claims, marketing, and home office management is necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, and results oriented with solid business and underwriting acumen.

Knowledge, Skills, and Abilities Required:

* 5 years multi-line package underwriting.
* Candidate will need a solid background in risk analysis and experience with complex accounts.
* Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.
* Candidate must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners.
* Superior teamwork, communication, interpersonal, sound decision making, time management and negotiating skills.
* Advanced computer skills preferred.

Education and Experience:

* A college degree in insurance, business or related fields or equivalent experience.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. Chubb is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply.

About Chubb

The Chubb Corporation (Chubb) is a holding company for a family of property and casualty insurance companies known as the Chubb Group of Insurance Companies (the P&C Group). The P&C Group is divided into three business units: Chubb Commercial Insurance, Chubb Specialty Insurance and Chubb Personal Insurance. Chubb Commercial Insurance offers a range of commercial insurance products, including coverage for multiple peril, casualty, workers' compensation, and property and marine. Chubb Specialty Insurance offers a variety of specialized professional liability products for privately and publicly owned companies, financial institutions, professional firms and healthcare organizations. Chubb Specialty Insurance also includes the Company's surety business. Chubb Personal Insurance offers products for individuals with fine homes and possessions who require more coverage choices and higher limits than standard insurance policies. (Source: 10-K)