The Eastern Underwriting Center (EUC) is currently seeking a New Business Underwriter to join the Commercial Insurance New Business Solutions team in support of Chubb Insurance Solutions Agency (CISA). This position, located in Whitehouse Station, NJ, is a high-impact role that is 100% focused on and accountable for the profitable growth of CISA CI P&C business handled in the EUC on behalf of the branches. CISA is the Chubb owned agency that can provide unique solutions to whatever distribution challenges and opportunities businesses encounter. CISA administers The Chubb Access Program, which provides a pathway to incubate, manage and market all Chubb products to new quality independent agents. Premiums from all product lines generated by Chubb Access tier agents are credited to local Chubb branches.
New Business - Generate approximately $1M in new business for CISA annually.
Underwriting Strategy Execution - Apply knowledge of P&C appetite to help triage new business opportunities and prioritize the deals CI wants the most.
Pipeline Management - Work with CISA to build & maintain an active prospect list. Ensure effective pipeline management by coordinating, collaborating & prioritizing all open CISA submissions & quotes.
Agency Management - Educate CISA Account Executives on CI s P&C appetite and underwriting strategies.
Knowledge, Skills and Abilities:
Given the breadth of opportunities and exposures across multiple disciplines, the preferred candidate for this Production Underwriting position must have a good working knowledge of, or experience in, underwriting Core Commercial. Experience underwriting Technology and/or Financial Institutions risks is a plus. Our preferred candidate should have experience and authority within at least one of the referenced disciplines, coupled with a proven ability to drive profitable revenue growth. In addition, the following skills are required:
Demonstrated record of teamwork and integrity in building and sustaining internal and external relationships to achieve planned outcome.
Strong organizational and time management skills
Underwriting acumen and proven ability to use technical, analytical and underwriting decision making skills to effectively and profitably grow our premium base.
Documented success in driving business results through producer and sales management skills.
Strong interpersonal, communication and negotiation skills to ensure a clear, consistent message to customers including internal and external stakeholder.
Education and Experience:
Bachelor s degree or equivalent experience
2-3 years Commercial Lines underwriting experience
Strong understanding of Middle Market Commercial P&C underwriting and products
Experience with multiple lines of insurance
New Business underwriting and generation experience preferred