Underwriter, Private/Non-Profit
Apply NowCompany: Chubb
Location: Washington, DC 20011
Description:
Job Description
Currently, Chubb is seeking a Private/Non-Profit Underwriter for our Washington D.C. Branch. The ideal candidate will possess experience in managing financial line products for private companies and non-profit organizations.
Key Responsibilities:
The Washington Branch boasts a large agency network with over 80 agents, providing significant opportunities for growth in our Forefront business and other areas. The branch's territory encompasses the D.C. Metro area. This role involves servicing a substantial renewal book with accounts of varying premium sizes, as well as generating over $1 million in new business annually. The successful candidate will leverage our Online Portal, collaborate with New Business Underwriters, and apply their own underwriting expertise to drive new business initiatives. Additionally, the candidate will work closely with renewal underwriters to manage agency relationships and enhance the customer experience. A strong commitment to fulfilling obligations to agency partners and fostering quality relationships with agents and producers is essential. The candidate should possess a collaborative spirit and a desire to create mutually beneficial outcomes. Effective communication and the ability to cultivate positive relationships across multiple business units and organizational levels are crucial.
Major Job Functions:
Qualifications
Critical Competencies:
The pay range for the role is $62,200 to $105,800. 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.
Currently, Chubb is seeking a Private/Non-Profit Underwriter for our Washington D.C. Branch. The ideal candidate will possess experience in managing financial line products for private companies and non-profit organizations.
Key Responsibilities:
The Washington Branch boasts a large agency network with over 80 agents, providing significant opportunities for growth in our Forefront business and other areas. The branch's territory encompasses the D.C. Metro area. This role involves servicing a substantial renewal book with accounts of varying premium sizes, as well as generating over $1 million in new business annually. The successful candidate will leverage our Online Portal, collaborate with New Business Underwriters, and apply their own underwriting expertise to drive new business initiatives. Additionally, the candidate will work closely with renewal underwriters to manage agency relationships and enhance the customer experience. A strong commitment to fulfilling obligations to agency partners and fostering quality relationships with agents and producers is essential. The candidate should possess a collaborative spirit and a desire to create mutually beneficial outcomes. Effective communication and the ability to cultivate positive relationships across multiple business units and organizational levels are crucial.
Major Job Functions:
- Utilize appropriate tools to underwrite new and renewal business within areas of product, customer, and industry expertise. Conduct in-depth risk analyses and develop optimal program structures while managing less complex flow business.
- Maintain underwriting quality standards, including thorough documentation related to final underwriting decisions.
- Act as the primary contact for managing the Private & Not-for-Profit Financial Line presence in the assigned territory with an assigned set of agents, ensuring high visibility through proactive renewal communication, coverage features, and site visits.
- Collaborate with the Renewal Center, Marketing Managers, and Branch Managers on new business and retention opportunities.
- Participate in projects with Strategic Marketing and other Home Office personnel to drive field business.
- Support and collaborate on Branch distribution management activities. As part of the Branch agency planning process, analyze the agency's NAFL book of business and work with the Branch NAFL Manager to establish new business goals.
- Educate agents on products, services, automation, and underwriting standards, as well as sales and marketing techniques. Participate in agent education events, including CE courses and product fairs within areas of underwriting expertise.
- Inform management of coverage and product opportunities or weaknesses that may impact growth potential; gather relevant competitive information to assist in developing product recommendations.
Qualifications
- Bachelor's degree required.
- Prior experience in Management Liability Underwriting is strongly preferred.
- Demonstrated record of teamwork, effective communication, and integrity.
- Results-oriented mindset.
- Strong influence management and collaboration skills.
Critical Competencies:
- Deal-Making and Negotiation: Proven ability to find creative solutions that balance the needs of insureds and producers while adhering to Chubb's North America Financial Lines underwriting standards. Recognize when to engage additional resources to close opportunities.
- Sales and Marketing: Knowledge of Chubb products, competitors, customers, and the marketplace within the designated area of expertise. Demonstrated ability to develop and implement effective growth and retention strategies, along with proven prospecting skills and effective use of Financial Line sales and marketing tools.
- Distribution Management: Ability to build strong agency relationships and manage expectations in changing market conditions.
- Collaboration: Ability to work collaboratively with multiple business units, underwriting centers, branch, and home office stakeholders, demonstrating effective consultation and partnership skills.
- Communication: Proven ability to differentiate the Chubb proposal by articulating (both verbally and in writing) Financial Lines strategy, appetite, and capabilities. Ability to listen to and understand the needs of customers.
- Experience with Lines: Familiarity with D&O, EPL, Fiduciary, Employed Lawyers, Crime, Kidnap & Ransom, and Workplace Violence lines of business.
The pay range for the role is $62,200 to $105,800. 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.