Underwriter (Finance)
JOB DESCRIPTION
Currently, Chubb is seeking a Financial Lines Underwriter for our Walnut Creek (formerly San Ramon) Branch. The ideal Underwriter will have experience handling specialty products for private companies and non-profit organizations and must be willing to work from the Walnut Creek Branch Office.
Key Responsibilities:
The Walnut Creek Branch boasts a large agency network which allows for significant concentration on growth of our Forefront business, as well as other areas. The Branch territory is expansive including reach from the Bay Area (North, East, and South), Sacramento, Fresno, and Reno. The role will include a renewal book of $2.5 million. In addition, the role is responsible for generating new business each year. 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
Critical 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.