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Senior Underwriter, Technology at Chubb in Englewood, Colorado

Posted in Insurance 30+ days ago.

Type: Full-Time





Job Description:

Chubb is the world’s largest publicly traded property and casualty insurer. 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. 

Scope of Role:

This Underwriter will be responsible for underwriting and maintaining a renewal book of $6-$8 million as well generating $1million to $1.5 million in new business.  As a Technology P&C underwriter the account focus will be in the middle market Technology sector, typically companies generating up to $1B in revenue.  This individual will be responsible for all package lines domestic and international, including Tech E&O and Cyber liability.  This role will require the underwriter to be active in marketing, pipelining, and prospecting the territory (CO, UT, NM, NV, and WY) to grow and strengthen existing relationships. 

Main Responsibilities:


  • Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers in our desired industry segments. 

  • Responsibility for profit, growth, and retention of assigned book. This will consist of $6M-$8M in business.

  • Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.

  • In conjunction with Underwriter Associate, retain key assigned renewals and lead coordination of Loss Control & Claims Service plans for service level accounts. 

  • Collaborate with underwriters, risk engineering, operations, claims, branch management, marketing, and home office product management.

  • Maintain and develop relationships with the branch, our brokers, and clients.

  • Develop and maintain a prospect pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.

  • Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities.

  • Travel: 25% as needed.

Qualifications:


  • Bachelor’s degree

  • 3-5 years underwriting experience

  • 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 all package lines domestic and international, including Tech E&O and Cyber liability coverage, terms, and conditions.

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.

The pay range for the role is $73,000 to $124,500. 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 at https://careers.chubb.com/global/en/north-america.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.





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