CCI Underwriter - (US-CA-LOS ANGELES - 91335)

Minimum Education: Bachelors
Job Type: Full Time
Jobcode: 7018
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For more than 125 years, Chubb & Son, a division of Federal Insurance Company has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.

Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 176th largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.

Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.

Currently, Chubb is seeking a CCI Underwriter for the Los Angeles, CA office.

Position responsibilities:

We need a multiline underwriter who can combine underwriting acumen, marketing and business planning skills to execute the CIS business plan. The CIS Underwriter will manage a $6M book of business in the Los Angeles Territory and will be responsible for the following:

- Financial performance, including profit, rate, retention and growth.
- Identifying opportunities for growth within new and existing production sources and developing and executing a new business growth strategy including developing prospects. New business expectation of $1MM to $1.5MM.
- Successful market penetration and broker management including building, maintaining and managing producer and customer relationships.
- Developing agency strategy and goals with continual monitoring of progress in order to achieve profit, growth, retention and rate objectives.
- Assessing middle market business by utilizing underwriting tools and applying current underwriting strategies to determine which accounts to pursue and the optimal program structure.
- Demonstrating a balanced approach of considering and responding to agents’ coverage amendments while preserving the integrity of our coverage positions.
- Executing a local strategy to meet business needs utilizing an understanding of Chubb’s solutions, competitors, customers and marketplace.
- Utilizing a high level of understanding of products, strategy and competitor/market behavior to write and retain business.
- Negotiating: Demonstrating timely, thoughtful and decisive responses.
- Developing new sources of profitable business for Chubb and Agents.
- Working closely with other members of the commercial underwriting team including loss control, claims and underwriting associates.

Requirements:

- Must have 5+ years commercial multiline underwriting background.
- Experience with complex accounts
- Must have proven marketing and negotiation skills.
- Strong local broker contacts
- Strong communication, interpersonal and time management skills
- Experience developing marketing plans

Education:

Bachelor''s Degree preferred and/or related work experience.

All interested applicants must apply online at http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7018&CurrentPage=1