Executive Underwriter, CI Team Leader – White Plains, NY
Chubb is seeking an Executive Underwriter, Commercial Lines Team Leader for the White Plains/Albany Branch Office.
This Team Leader will directly supervise 3 Underwriters and assist the Commercial Insurance Department Manager with management responsibilities including financial information analysis and reporting, employee development and training, agent and producer relationship development, achieving renewal retention and assist in meeting financial goals and driving profitable growth on the $127M million Commercial Insurance book of business. Responsibilities include managing a sophisticated producer plant in the White Plains and Albany territory. In addition to these responsibilities, the Team Leader will personally handle a $8 million book of commercial middle-market multiline P&C business as well as have personal production responsibilities for new business.
Other major duties and responsibilities of this position include:
- Managing profit and growth for the assigned territory and book of business within the following lines of business/market segments: Property, General Liability, Worker's Compensation, Automobile, Umbrella and Foreign program placements.
- Soliciting, risk selection and analysis (including documentation), pricing and sales of products and services for renewal and new business.
- Successful market penetration and agency management including: acting as a key contact to build, maintain, and manage customer/producer relationships (including regular agency visits based on business need).
- Assist with agency planning and goal setting including monitoring of progress.
- Identifying cross sell opportunities.
- Meeting with prospective and renewal customers, to make sales presentations and negotiate coverage's, price, financial terms and service delivery, as necessary.
- Working in a team environment with Underwriters, UA’s, Loss Control, Claims & Field Operations.
- Meeting service standards of a customer focused strategy.
- Collecting and sharing competitor data with team.
- Coordination and collaboration with the P&C Underwriting Center
- Assisting in managing execution of middle market underwriting and renewal underwriting strategies.
- Serving as a technical resource for referrals and underwriting authority for Underwriters based on technical background. Point of contact for branch risks which fall outside of field authority; coordinate efforts with Home Office/Product and Segment leaders.
- Assisting in monitoring underwriting quality through quarterly self-audits, referral interactions, and Corporate Underwriting audits.
- Staff Development and Administration, including performance management and compensation, new hire onboarding, training and developing, succession planning, coaching and mentoring, and retention of staff.
Knowledge, skills and abilities:
- Proficiency of commercial underwriting and insurance industry theories and practices.
- Demonstrated technical expertise and product specific knowledge in multi-line property & casualty.
- Proficient in the Multinational Underwriting and foreign program placements.
- Proven and successful sales skills. (Meeting/exceeding new business production goals.)
- Strong interpersonal, communication and negotiation skills.
- Critical thinker with strong leadership skills.
- Ability to effectively interact with all levels of internal and external business partners.
- Knowledge of Outlook and Microsoft Office Suite as well as other business-related software.
Education and Experience:
- Bachelor's degree or equivalent experience
- History of proven success in new business production
- Underwriting experience within Middle Market industry segments such as Real Estate, Manufacturing, Distribution, Food, Education, Healthcare and Professional Services
- Minimum 5 years of Underwriting experience
The pay range for the role is $145,000 to $200,000. 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.
Chubb is a world leader in insurance. 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.