Chubb's Natural Resources Practice is an exciting and dynamic place for individuals who are seeking career opportunities and advancement. The Commercial Insurance team has an opening for an Executive Underwriter to join our Natural Resources Practice (salary and title commensurate with experience level). This is a high-impact role that is focused on growing a Property and Casualty book comprised of Package, Automobile, Pollution, Workers’ Compensation, Umbrella and International. Multi-line experience is encouraged.
The Executive Underwriter within Chubb’s Natural Resources department will manage approximately a $10 million book of business in their assigned territory. The Underwriter must develop book growth, maintain superior internal and external relationships, and implement effective and profitable pricing strategies.
This individual will also have accountability for the financial performance of this book of business, achieving growth for the branch. We are seeking someone who will identify opportunities for growth within new and existing production sources, identify cross-sell opportunities, conduct agency planning/goal setting, and make regular broker and insured visits based on monthly goals.
Demonstration of the following skills and abilities:
- Strong sales and marketing skills along with the ability to position accounts and close deals.
- Demonstrated success in marketing, producer/book management and new business development.
- Ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
- High proficiency with the underwriting process and risk analysis.
- Effective desk management.
- Exemplary ability to effectively interact with customers and coworkers at all levels.
- Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.
- Results orientation, entrepreneurial spirit, business acumen, self-motivation and strong ability to work in a collaborative team environment.
- Responsible for the professional development, retention, and performance assessment of team members.
Qualifications
- 7+ years’ underwriting experience within the Natural Resources industry and/or Commercial Insurance experience with a desire to specialize in the Natural Resources sectors of Power Generation, Petroleum, and Mining
- Experience with multiple lines of insurance
- Bachelor’s degree
- Knowledge of underwriting concepts, practices, and procedures
- Microsoft Word, Excel, and Outlook
- Oral and written communication skills
- Negotiation skills
- Marketing skills-Broker and Client
- Leadership skills
The pay range for the role is $100,000 to $165,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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.
