New York, NY
7 days ago
Financial Institutions, Lower Middle Market Underwriter

The Financial Institutions Lower Middle Market (“LMM”) New Business Underwriter is a field-underwriting role, focused on the Financial Institutions Industry Practice, fully dedicated to new revenue generation for multiline accounts for an assigned group of agents. This individual reports into a Commercial Insurance branch office and matrixes into a regional LMM underwriting team.  The individual is accountable for reviewing, triaging, underwriting, and quoting submissions and securing binds to achieve his/her individual production goal while adhering to Chubb standards of underwriting and compliance.   

The ideal candidate will possess strong underwriting skills, exceptional communication abilities, strong organizational skills, and the capacity to build and maintain impactful relationships. In this role, you will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution and Operations to ensure seamless processes and superior service delivery. 

Primary responsibilities: 

Multiline underwriting including Package, Umbrella, Workers Compensation, Auto, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards.  Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products.  Work closely with local Business Development Managers to identify opportunities for growth and production enhancement within assigned agencies.  Establish and maintain strong working relationships with assigned agents to drive profitable growth.  Disciplined desk management, including production planning and forecasting for assigned book of business. 

Education and Experience: 

The preferred candidate has experience in Commercial Lines Property & Casualty underwriting and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements. 

The following are required: 

Minimum 2 years commercial lines underwriting experience. Proven ability to use technical analysis and underwriting skills to profitably grow new business revenue. Strong interpersonal, communication, and negotiation skills. Demonstrated record of teamwork and integrity. Strong organizational and time management skills. Desire to work in a dynamic, fast-paced environment. Bachelor’s degree or equivalent experience. 

The following is preferred: 

Package underwriting experience Previous Financial Institutions P&C experience is desirable

The pay range for the role is $73,700 to $125,400. 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 on our careers website.  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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