Chubb

Commercial Renewal Underwriter

Chubb Whitehouse Station, NJ

Pay found in job post

Retrieved from the description.

Base pay range

$59,000.00/yr - $93,500.00/yr
Job Description

Chubb's Commercial Insurance team is looking for a candidate to fill a Commercial Renewal Underwriter position.

The Underwriter will be responsible for reviewing and evaluating renewal accounts in accordance with established underwriting guidelines and will manage a book of business based on established criteria. The Underwriter will be responsible for developing strong relationships with independent agents and brokers in order to successfully manage our business. The candidate must be able to work effectively and collaborate with a team of renewal underwriters, streamline and endorsement underwriters, claims and loss control personnel as needed

Competencies/Technical Skills

  • Proven ability to successfully negotiate on all levels and develop producer relationships
  • Demonstrate ability to analyze risks, prioritize the gathering of underwriting data, and clearly communicate a well thought out underwriting approach
  • Excellent communication and documentation skills required
  • Ability to work independently, show initiative, while demonstrating strong collaboration skills in a team environment
  • Strong time and desk management skills
  • Working knowledge of Microsoft Office Suite as well as other business-related software

Qualifications

  • Bachelor’s degree
  • 1-3 years of underwriting experience
  • Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
  • Presentation and public speaking skills
  • Strong negotiations skills
  • Knowledge and understanding of current insurance marketplace conditions
  • Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
  • Understanding of property insurance coverage, terms and conditions.
  • Proficiency in Microsoft Office Suite
  • Local broker and insurance marketplace relationships preferred but not required.

The pay range for the role is $59,000 to $93,500. 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.
  • Seniority level

    Entry level
  • Employment type

    Full-time
  • Job function

    Finance and Sales
  • Industries

    Insurance

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