Executive Underwriter, Westchester - Environmental
Chubb
Compensation
About the role
Westchester Environmental is looking for an applicant to fill the position of Executive Underwriter supporting our Mid-West Region. Westchester Environmental writes both contractors and consultants across multiple industries. This underwriter will be charged with directly underwriting, managing, and growing a book consisting mainly of Environmental Contractors/Consultants package, Manufacturers' Products Pollution, Unsupported XS, monoline site, and contractors’ pollution accounts. The underwriter will be responsible for aggressively marketing to their assigned brokers to bring in opportunities and will work closely with the respective zonal manager, EVP for Westchester Environmental, as well as various Business Development Managers across the region to position this portfolio within Westchester Environmental’ s strategy for growth and profit.
Responsibilities
- Solicits new and renewal submissions from appointed wholesaler brokers.
- Determines terms and conditions and complex rating plans.
- Quote/Bind coverage.
- Documents the underwriting files to company/division expectations.
- Handle files and portfolios within underwriting authority.
- Takes ownership of given production goals and utilizes all available department resources to achieve said goals.
- Local and regional broker visitations/travel is expected.
- Growth Strategies - Executing upon the assigned roles per the regional marketing plans and strategies.
- Client & broker relations including sales calls & attendant strategies
- Completing target account responsibilities & cross sell strategies
- Underwriting Integrity - Achieving all underwriting standards as outlined by the CHUBB Westchester Specialty Environmental Division home office and all applicable Underwriting Guidelines, Authorities, and Position Papers.
Requirements
- Experience in the wholesale/E&S insurance industry
- Experience in underwriting environmental lines of business.
- Ability to review and analyze environmental due diligence
- Ability to review, evaluate, and develop coverage forms and endorsements
- Negotiation & presentation skills
- Proven broker relations & customer management skill set
- Strong verbal and written communication skills
- Strong organizational skills with attention to detail
- Ability to work effectively in a collaborative team environment, share knowledge, and develop staff
Benefits
- 401k matching
- Health insurance
- Flight privileges
About the Company
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.
Job Details
Salary Range
$110,000 - $170,500/yearly
Location
Chicago, IL, U.S.
Employment Type
Full-time, Regular
Original Posting
View on company website