Commercial Insurance Underwriter
Company: Chubb
Location: Warren
Posted on: April 1, 2026
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Job Description:
Description Fundamentals of coverage, terms and conditions .
Ability to offer coverage, terms and conditions which generate a
profit for the Company while meeting the needs of the customer.
Risk Assessment . Ability to identify risk exposures, special or
common hazards, and appropriate controls. Ability to select risk
based on exposure and risk analysis. Ability to analyze claims and
quantify losses. Financial proficiency . Understanding of financial
statements and ratios used in risk analysis. Understanding of
insurance financial fundamentals; impact of underwriting decisions
on company assets. Ability to understand credit risk. Actuarial
fundamentals . Ability to understand loss trends, loss triangles,
and ratemaking. Ability to quantify risk based on experience
history and forecasting methods. Marketing and communications .
Ability to sell and negotiate to achieve bottom line profitability
for the Company. Ability to make presentations and communicate
articulately. Ability to base communications on strategic thinking.
Ability to manage producer strategy. Systems and programs . Ability
to use systems and software programs needed to conduct daily
business. Position Responsibilities: Financial performance,
including profit, rate, retention, and growth, of an approximate
$6.5 million book of mid-market multi-line Commercial business. The
commercial unit is a $26 mm business unit. Responsibilities include
a new business goal of $1.5mm each year and an $8 million renewal
book. Identifying opportunities for growth within new and existing
production sources and developing and executing a new business
growth strategy including developing prospects. Successful market
penetration and agency management including building, maintaining
and managing producer and customer relationships. Developing agency
strategy and goals with continual monitoring of progress.
Identifying cross sell opportunities within commercial products and
services. Soliciting, selecting, and analyzing risk within Chubb
Commercial Insurance guidelines and ensuring proper documentation.
Developing and negotiating price, coverage, and terms and
conditions for all new business and renewals and actively
identifying account rounding opportunities. Meeting with producers
and new and renewal customers to make sales presentations including
product education and new product roll out. Collaborating with
underwriters, operations, claims, marketing and home office product
management. Consistently meeting service standards. Collecting and
sharing industry intelligence with team, including industry
trending and development. Qualifications Knowledge, skills, and
abilities: Solid knowledge of specialty commercial underwriting and
insurance industry theories and practices. Demonstrated technical
expertise and product specific knowledge with experience handling
commercial insurance lines. Strong analytical skills including
financial analysis. Demonstrated proficiency in sales, marketing
and negotiation. Strong interpersonal, communication and
relationship building skills. Ability to effectively interact with
all levels of internal and external business partners. Experience
developing and executing on marketing plans and prospects. 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.
Education and Experience: Bachelor's degree or equivalent
experience. 3 years underwriting experience preferred. The pay
range for the role is $73,700 to $125,400. The specific offer will
depend on an applicant’s skills and other factors. This role may
also be eligible to participate in a discretionary annual incentive
program. Chubb offers a comprehensive benefits package, more
details on which can be found on our careers website . The
disclosed pay range estimate may be adjusted for the applicable
geographic differential for the location in which the position is
filled.
Keywords: Chubb, East Brunswick , Commercial Insurance Underwriter, Accounting, Auditing , Warren, New Jersey
