Posted in Insurance 30+ days ago.
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Location: Philadelphia, Pennsylvania
This Executive Underwriter will manage a Chubb Commercial Insurance renewal book for the Philadelphia territory. The position will primarily be focused on underwriting Package opportunities. Lines of business include Package, Auto, WC and Umbrella. There will also be opportunities to learn and cross sell Errors & Omissions and Cyber coverages.
The Executive Underwriter must develop book growth, maintain superior relationships and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.
The position will be responsible for developing and implementing a business plan to grow the Commercial Insurance book through prospect identification and pipeline development, new business production and account management in the Philadelphia territory. Executive Underwriter will be responsible for $1.5MM of new business annually.
The Executive Underwriter will have accountability for the financial performance of this book of business, achieving growth for the branch, region and territory. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits (based on business need).
This position reports to the Philadelphia Commercial Insurance Underwriting Manager.
. Candidate will have 10+ years commercial underwriting experience in multi-line package
underwriting. Experience with handling complex casualty exposures particularly in the
Manufacturing Industry segment a plus.
. Strong sales and marketing skills are also critical.
. The ability to position accounts and close deals is a key requirement.
. Must be able to demonstrate success in marketing, producer/book management and new
business development. Must also have the ability to successfully negotiate on all levels with
both internal and external partners and nurture key producer relations.
. The ideal candidate for the role will possess a high degree of proficiency with the underwriting
process, risk analysis, and work effectively in collaboration with an Underwriting Associate.
. Effective desk management is a critical part of this role.
. Must have exemplary ability to effectively interact with all levels of customers and coworkers.
. Knowledge and proficiency with underwriting technical issues, compliance, coverage,
products, pricing & strategies expected.
. Proficiency in Microsoft Office Suite as well as other business related software required.
. We are looking for a candidate who is highly motivated to succeed and is results oriented with
solid business acumen.
. Salary grade for this position will depend on applicant’s experience.
Education and Experience:
Bachelor’s degree or equivalent experience.
Minimum of 10 years of commercial underwriting experience