Chubb Global Casualty (CGC) Domestic is looking for an applicant to fill the position of Executive Underwriter in our Los Angeles Branch. Chubb Global Casualty is the largest operating division in Chubb Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites. We offer customized & complex primary loss sensitive programs tailored to our client’s business needs and operations. The core lines of business include: Workers Compensation, General Liability and Auto Liability.
The Executive Underwriter will:
Handle day-to-day servicing for a book of large, complex, loss-sensitive accounts.
Be responsible for growth and retention of assigned book.
Negotiate the annual pricing, terms and conditions on renewal business.
Work on new business opportunities with key brokerage houses in the Los Angeles Region, design and propose appropriate program structures and pricing for said opportunities.
Maintain and develop relationships with their brokers and clients.
Develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.
At least 5+ years underwriting experience including time spent in the primary casualty loss sensitive space
Proficiency in Microsoft Office Suite
Presentation and public speaking skills
Strong negotiations skills
Local broker and insurance marketplace relationships
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 Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms and conditions – included but not limited to ISO AL & GL and NCCI Workers Compensation coverage forms and endorsements.
Understanding of large deductible programs and the credit and collateral implications of such programs
Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.