Chubb serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.
Details of this critical opening follow:
Business Development & Agency Management – Utilize and develop personal and business relationships with P&C brokers and agents and producers to produce new account opportunities for the International Division of Chubb. Territory Management – Execute on the sales and marketing plan for assigned territory, ensuring that monthly broker and agent calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts. Responsible for development of assigned book of business.Account Targeting – Harvest personal knowledge of sales territory and agent-controlled business as well as existing and historic Chubb business relationships to develop and refine a long-term prospecting and short term target list of new business opportunitiesQuote to Win – Review new business submissions to understand the nature of the Multinational risk as wells as the incumbent’s current offering – utilize this analysis to produce and deliver winning quotesService Brokers, Agents and Clients to Grow – Work with brokers and clients to understand and respond to evolving client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structureUnderstand and Manage Risk – Embrace the challenge of producing and underwriting profitable new business opportunities. Nature of operations, deal structure, quality of information, an understanding of US and local country requirements, and Chubb’s industry-leading multinational capabilities are all key to putting the right business on the books and growing profitably over time.
Major Duties and Responsibilities
Duties may include but are not limited to:
Solicits new and renewal submissions from brokers and agents
Determines terms and conditions
Bind coverage
Analyze risk
Documents underwriting files
Bachelors’ degree 5 years of Underwriting experience Knowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresWe are looking for extraverts that enjoy marketing and selling themselves and a great product to customersWe are looking for competitive people who want to winOutstanding interpersonal skills. Ability to establish trust and effective working relationships with team, field marketing and customerSuperior communication (oral and written), interpersonal and negotiating skillsGreat technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus
Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance area, analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas, ability to function in a department which develops several million dollars in premium annually through handling a large volume of small premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices. Multinational insurance experience is preferred.