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.
Chubb is currently seeking a Commercial Lines Life Sciences Underwriter to join the Western Underwriting Center. This position supports the achievement of the regional sales and production branch objectives and Chubb Commercial Insurance underwriting goals related to profit, customer service, and producer relationships.
As an Underwriter in Chubb's Underwriting Center, and member of the Regional Life Science Unit, you are accountable for:
Financial performance, including profit, rate, retention, and identifying cross-sell opportunities, of a book of commercial business consisting of Life Science accounts
Underwrite and negotiate renewals on a commercial lines portfolio of $3M to $5M in Life Science business
Lines of business include commercial package (property including business interruption, general liability & crime), product liability including human clinical trials, errors & omissions, automobile, umbrella, workers compensation, and international including foreign clinical trial policies for Life Sciences business
Manage 400 to 500 policies related to 100 125 accounts
Develop strong relationships with independent agents and brokers in order to successfully manage our business which may require travel to producer locations
Skills and Competencies:
Solid knowledge of commercial underwriting with the ability to analyze risks, adhere to underwriting strategies, prioritize the gathering of underwriting data, and clearly communicate a well thought out underwriting approach
Demonstrated technical expertise and product specific knowledge with experience handling Life Science business is preferred
Strong analytical skills including financial analysis
Strong interpersonal, written and oral communication and negotiation skills and ability to effectively interact at all levels of with both internal and external business partners
Ability to be creative and adaptable in a changing business environment
Sound, balanced, and timely decision making skills
Education and Experience:
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.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.