Chicago, IL
6 days ago
Lower Middle Market Underwriter, Construction

The Lower Middle Market (“LMM”) Construction New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation on multiline accounts for an assigned group of agents.  This individual reports into the LMM Construction Industry Lead and matrixes into a regional field office.  The individual is accountable for reviewing, triaging, underwriting, quoting, and binding new submissions to achieve his/her individual production goals, while adhering to Chubb standards of underwriting and compliance. 

The ideal candidate will possess strong underwriting and organizational skills along with exceptional communication abilities needed to build and maintain impactful relationships. In this role, the underwriter will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery.

Primary responsibilities:

Multiline underwriting including Package, Auto, Workers’ Compensation, Umbrella, Contractor’s Equipment, Builder’s Risk, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards.  Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products. Work closely with local Business Development Managers to identify opportunities for growth and production enhancement within assigned agencies. Establish and maintain strong working relationships with assigned agents to drive profitable growth. Disciplined desk management, including production planning and forecasting for the assigned book of business.

Education and Experience:

The preferred candidate has underwriting experience in Commercial Lines Property & Casualty for the Construction industry and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements.

The following are required:

Minimum 2 years commercial lines underwriting experienceProven ability to use technical analysis and underwriting skills to profitably grow new business revenue.Strong interpersonal, communication, and negotiation skills.Demonstrated record of teamwork and integrity.Strong organizational and time management skills.Desire to work in a dynamic, fast-paced environment.Bachelor’s degree or equivalent experience.

The following is preferred:

Construction underwriting experience, including Builder’s Risk, Contractor’s Block, General Liability, and/or Contractor’s Equipment policiesPackage underwriting experience

The pay range for the role is $84,100 to $143,000. 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.

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