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PMM Underwriter
at Chubb Insurance in Illinois
PMM Underwriter – Chicago, IL
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.
Position Responsibilities:
This position supports the achievement of the PMM underwriting goals related to profit, customer service and producer relationships.
Major Responsibilities:
-Underwrite and negotiate renewals and endorsements with a total premium of $5,000,000 to $6,000,000 commercial lines book of business
-Lines of business include property cargo, inland marine, boiler and machinery; focused heavily on marine business.
-Achieve favorable retention within given territory
-Marketing and servicing accounts based on Chubb guidelines
-Develop strong relationships with independent agents and brokers in order to successfully manage our business which may require travel to producer locations
Skills and Competencies:
-Candidate must have proven ability to successfully negotiate on all levels and develop producer relations
-A strong track record of service orientation is required
-Knowledge of marketing principles, underwriting and pricing strategies
-The aptitude to attract and retain profitable business is essential
-A solid background in risk analysis is essential
-Candidate must have strong interpersonal and written communication skills
-The ability to work independently and cohesively in a team environment in conjunction with service staff, loss control, field marketing underwriters and branch employees is essential
-The ability to work effectively in a fast paced environment is crucial
Education and Experience:
-Three to five years of property, inland marine cargo and/or multi-line underwriting experience is required; Marine experience preferred
-Bachelor’s degree preferred or equivalent work experience.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by Diversity Inc. magazine, one of America's most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number (8223).
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.
Position Responsibilities:
This position supports the achievement of the PMM underwriting goals related to profit, customer service and producer relationships.
Major Responsibilities:
-Underwrite and negotiate renewals and endorsements with a total premium of $5,000,000 to $6,000,000 commercial lines book of business
-Lines of business include property cargo, inland marine, boiler and machinery; focused heavily on marine business.
-Achieve favorable retention within given territory
-Marketing and servicing accounts based on Chubb guidelines
-Develop strong relationships with independent agents and brokers in order to successfully manage our business which may require travel to producer locations
Skills and Competencies:
-Candidate must have proven ability to successfully negotiate on all levels and develop producer relations
-A strong track record of service orientation is required
-Knowledge of marketing principles, underwriting and pricing strategies
-The aptitude to attract and retain profitable business is essential
-A solid background in risk analysis is essential
-Candidate must have strong interpersonal and written communication skills
-The ability to work independently and cohesively in a team environment in conjunction with service staff, loss control, field marketing underwriters and branch employees is essential
-The ability to work effectively in a fast paced environment is crucial
Education and Experience:
-Three to five years of property, inland marine cargo and/or multi-line underwriting experience is required; Marine experience preferred
-Bachelor’s degree preferred or equivalent work experience.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by Diversity Inc. magazine, one of America's most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number (8223).
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Published on Oct 25, 2010
Viewed: 585 times
Viewed: 585 times
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