15 days old

Executive Underwriter, Private Equity

Chicago, IL 60602
  • Job Code

Chubb is the worlds
largest publicly traded property and casualty insurer.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 Multi-line
Executive Underwriting position is a key role within Commercial Insurances
rapidly growing Private Equity Industry Practice.This individual
will be expected to market and collaborate with all areas of Commercial
Insurance P&C, Financial Lines and A&H, but will have day-to-day
underwriting responsibilities for the core P&C segments for business produced
throughout the Midwest.Private Equity business is often
fast-paced.Confidence and experience in a variety of Underwriting
areas is integral to identifying the successful individual.This
role also serves as a key relationship conduit with our PE producer partners
throughout the Midwest Region, and collaborates internally with stakeholders in
our branch network and home office in the Private Equity practice.


  • Financial performance,
    including profit, rate, retention, and growth of an approximate $6 million
    book of multi-line Commercial business with a focus on customers with
    revenue up to $1B.

  • Heavy emphasis on generating
    new, Private Equity-backed business with a goal of $1.5 million in

  • Articulate the Private
    Equity value proposition to leverage and sell our unique capabilities
    throughout the organization.

  • Act as a resource for any CI
    Private Equity-backed portfolio company opportunity.This
    involves consulting with CI underwriters on transactional timelines,
    gathering underwriting information, reviewing the broker/agent due
    diligence and budget reports, and leveraging the Private Equity firm

  • Contribute to the on-going
    data refinement of the Private Equity portfolio by tracking all PE-backed
    business, both new and renewal, so as to best aggregate data for the
    Private Equity P&L.

  • Identifying cross sell
    opportunities within commercial insurance suite of products and services
    with particular emphasis on Financial Lines collaboration.

  • Extensive collaboration with
    the Private Equity Industry Practice

  • Dedicate the majority of
    travel and submission generation activities on the top tier Private
    Equity-focused agents/brokers throughout the Midwest, but also seek new
    opportunities to expand relationships with producers around the region in
    order to share and promote Chubbs Private Equity brand.

  • Soliciting, selecting and
    analyzing risk within Chubbs Commercial Insurance guidelines and ensuring
    proper documentation within a timely manner.

  • Developing and negotiating
    price, coverage, and terms and conditions for all new business and
    renewals and actively identifying account rounding opportunities.

  • Collaborating with
    underwriters, risk engineering, operations, claims, branch management,
    marketing and home office product management.

  • Travel is predominantly in
    the Midwest and requires approximately 25% of the underwriters time.


Solid knowledge of
commercial P&C underwriting and insurance industry theories and practices.

technical expertise and product specific knowledge with experience handling
commercial P&C insurance lines.

Strong analytical
skills including financial analysis.

proficiency in sales, marketing and negotiation, as well as a proven track
record of new business performance/success.

Strong interpersonal,
communication and relationship-building skills.

Ability to
effectively interact with all levels of internal and external business

Experience developing
and executing on marketing plans and prospecting initiatives.

Ability to be
creative and adaptable in a changing business environment.

Sound, balanced and
timely decision-making skills.

Knowledge of Microsoft
Office Suite as well as other business-related software.

Bachelors degree or
equivalent experience.

5+ years underwriting
experience preferred.

Chubb strives to offer a diverse and inclusive and rewarding work environment.
Teamwork and mutual respect are central to how Chubb operates and we believe
the best solutions draw upon diverse perspectives, experiences and
skills. We operate in such a way where everyone, regardless of their
singular background has the opportunity to contribute to our collective

Chubb offers a
competitive compensation package and comprehensive benefits package including
life, health and dental, vision, a generous retirement savings plan, disability
coverage, stock purchase plan, flexible spending accounts, tuition
reimbursement, and business casual dress. At Chubb, we are committed to
equal employment opportunity and compliance with all laws and regulations
pertaining to it. Our policy is to provide employment, training, compensation,
promotion, and other conditions or opportunities of employment, without regard
to race, color, religion, age, sex, sexual orientation, transgender, national
origin, disability, genetic information, veteran, or marital status, or any
other characteristic protected by law.

Posted: 2021-01-05 Expires: 2021-02-03
Sponsored by:
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Sponsored by:
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Executive Underwriter, Private Equity

Chicago, IL 60602

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