The Executive Entertainment Underwriter has responsibility for new and renewal business for his/her own book of business ($5-6M renewal book and a $2M new business goal) based in Los Angeles, CA. The position will be responsible for driving profitable growth with specific Entertainment brokers in the Pacific, Southwest and Midwest Regions. Lines of business include entertainment packages, property, general liability, automobile, umbrella, international and workers' compensation. Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb Commercial Insurance practices. Collaborating with underwriters, operations, claims, risk engineering, marketing, and home office management is necessary. Must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Knowledge, Skills, and Abilities Required:
- Experience in Entertainment multi-line package underwriting is preferred.
- Strong sales and marketing skills are critical; able to position accounts and close deals.
- Candidate must be able to demonstrate success in marketing, producer management, new business development, and the ability to successfully negotiate on all levels with both internal and external partners.
- Teamwork, communication, and negotiation skills required. Candidate will need a solid background in risk analysis and experience with complex accounts.
- Possess a high degree of proficiency with the underwriting process and partner effectively with an Underwriting Associate.
- Candidate must have exemplary ability to effectively interact with all levels of customers and coworkers.
- Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.
- The ability to be creative and adaptable in a changing business environment. Sound decision making skills required.
- Bachelor’s degree or equivalent experience
- Minimum 7+ years of underwriting experience
- Proficiency in Microsoft Office Suite
- Presentation and public speaking skills
- Strong negotiations skills
- Local broker and insurance marketplace relationships
- Knowledge and understanding of current insurance marketplace conditions Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
The pay range for the role is $100,000 to $165,000. 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 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.