Lower Middle Market Underwriter, Construction - OneTenCoalition
Philadelphia, PA
About the Job
JOB DESCRIPTION
The Lower Middle Market ("LMM") Construction New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation on multiline accounts for an assigned group of agents. This individual reports into the LMM Construction Industry Lead and matrixes into a regional field office. The individual is accountable for reviewing, triaging, underwriting, quoting, and binding new submissions to achieve his/her individual production goals, while adhering to Chubb standards of underwriting and compliance.
The ideal candidate will possess strong underwriting and organizational skills along with exceptional communication abilities needed to build and maintain impactful relationships. In this role, the underwriter will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery.
Primary responsibilities:
QUALIFICATIONS
Education and Experience:
The preferred candidate has underwriting experience in Commercial Lines Property & Casualty for the Construction industry and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements.
The following are required:
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.
The Lower Middle Market ("LMM") Construction New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation on multiline accounts for an assigned group of agents. This individual reports into the LMM Construction Industry Lead and matrixes into a regional field office. The individual is accountable for reviewing, triaging, underwriting, quoting, and binding new submissions to achieve his/her individual production goals, while adhering to Chubb standards of underwriting and compliance.
The ideal candidate will possess strong underwriting and organizational skills along with exceptional communication abilities needed to build and maintain impactful relationships. In this role, the underwriter will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery.
Primary responsibilities:
- Multiline underwriting including Package, Auto, Workers' Compensation, Umbrella, Contractor's Equipment, Builder's Risk, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards.
- Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products.
- Work closely with local Business Development Managers to identify opportunities for growth and production enhancement within assigned agencies.
- Establish and maintain strong working relationships with assigned agents to drive profitable growth.
- Disciplined desk management, including production planning and forecasting for the assigned book of business.
QUALIFICATIONS
Education and Experience:
The preferred candidate has underwriting experience in Commercial Lines Property & Casualty for the Construction industry and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements.
The following are required:
- Minimum 2 years commercial lines underwriting experience
- Proven ability to use technical analysis and underwriting skills to profitably grow new business revenue.
- Strong interpersonal, communication, and negotiation skills.
- Demonstrated record of teamwork and integrity.
- Strong organizational and time management skills.
- Desire to work in a dynamic, fast-paced environment.
- Bachelor's degree or equivalent experience.
- Construction underwriting experience, including Builder's Risk, Contractor's Block, General Liability, and/or Contractor's Equipment policies
- Package underwriting experience
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.
Source : OneTenCoalition