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VP, Home Office Property Underwriter

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 Commercial Insurance is currently seeking a Senior Property Underwriter to join the CI Property Line of Business team to manage the Premier Program book.

Responsibilities:

The HO Property Underwriter role will work directly with the Field/TUM’s/IP Leaders/Regional Leadership on complex property transactions and driving overall property results including new business, rate/exposure, retention, and profitability.

Specific responsibilities include:

  • Property Referrals for assigned Industry Practices for Commercial Insurance
  • Enterprise Calls for assigned Industry Practices for Commercial Insurance
  • Provide market feedback on product and pricing
  • Advise and support underwriting strategy with the home office line of business team
  • Underwriter training and support
  • Develop and grow the property specialist team
  • P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for the assigned book
  • Develop and negotiate price, coverage, terms and conditions on the new and renewal portfolio
  • Underwriting Strategy Execution – Manages the execution of CI Property strategies and overall portfolio management of the assigned book of business
  • Analyzes risk including CAT exposures and ability to manage large, complex property exposures

Qualifications and Competencies:

  • Minimum 10 years of Property underwriting experience
  • Understanding of CI Property products and appetite
  • Strong technical/underwriting leadership skills
  • Advanced negotiation skills
  • Builds strategic relationships
  • Strong communication skills
  • Drives execution

The pay range for the role is $128,500 to $215,000. 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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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.

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.
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CEO of Chubb
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Evan Greenberg
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Average salary estimate

$215000 / ANNUAL (est.)
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$215K
$215K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. We combine the precision of craftsmanship with decades of experience to conceive, craft and deliver the v...

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DATE POSTED
December 4, 2023

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