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Strong Commercial Multi-Line Underwriter-Excellent Marketing Skills
at Chubb Insurance in Los Angeles, CA
For more than 125 years, the Chubb Group of Insurance Companies 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 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd 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 CIS Underwriter for the Los Angeles, CA office.
The ideal candidate will be a strong multi-line Underwriter that can combine underwriting acumen, marketing and business planning skills to execute the CIS business plan. The CIS Underwriter will manage a $5M book of business in the Los Angeles Territory.
Job responsibilities will include 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.
Experience/Skill 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
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 DiversityInc 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 8876.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8876&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd 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 CIS Underwriter for the Los Angeles, CA office.
The ideal candidate will be a strong multi-line Underwriter that can combine underwriting acumen, marketing and business planning skills to execute the CIS business plan. The CIS Underwriter will manage a $5M book of business in the Los Angeles Territory.
Job responsibilities will include 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.
Experience/Skill 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
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 DiversityInc 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 8876.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=8876&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
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Published on Apr 18, 2011
Viewed: 379 times
Viewed: 379 times
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