Executive Underwriter, Team Lead - LMM at Chubb

Posted in General Business about 4 hours ago.

Type: Full-Time
Location: Chicago, Illinois





Job Description:

JOB DESCRIPTION

The Lower Middle Market (LMM) Executive Underwriter, Team Lead is a high-impact role accountable for new revenue generation for multiline accounts for an assigned group of agents while leading core underwriting activities and production processes for team of matrixed new business underwriters. This team will have no renewal or mid-term servicing responsibilities, therefore the ability to drive and manage an effective new revenue generation process is paramount.

This position will report to the Lower Middle Market Region Lead. They will work collaboratively with regional CI leaders and distribution to achieve budgeted new business growth targets. The position requires a candidate with both strong underwriting and relationship-building competencies to interact with internal and external stakeholders at all levels. Strong collaboration and partnership with Operations will be necessary to execute the underwriting and workflow processes.

Additionally, this position has accountability for their team's audit results and compliance scores and coordinate above authority referrals. This position will be involved with LMM hiring processes within the region and will be heavily involved in training and development.

Primary responsibilities:


  • Multiline underwriting including Package, Umbrella, Workers Compensation, Auto, 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.
  • Drive team new business production through multiple branches and distribution sources.
  • Approve deals within assigned authority limits, ensuring timely and accurate decision-making.
  • Manage underwriter productivity, including coaching and mentoring on desk-management skills for both generalist and specialty underwriters.
  • Analyze production, profitability, business mix, and underwriter productivity across industries, lines, and branches and develop actions to improve results.
  • Collaborate with partners in Field Underwriting and Distribution to develop and implement local-market tactics.
  • Collaborate with Distribution partners on sales execution, agency management, and agency communications.
  • Ensure adherence to audit and compliance requirements, including executing self-audits.
  • Contribute to talent management for matrixed staff, including performance assessments and compensation planning.
  • Build and maintain superior relationships at all levels, both internal and external.
  • Travel as needed.
  • Make independent decisions and recommendations to the LMM Segment Lead on the process for acquiring new business.
  • Maintain and manage superior relationships at all levels - internal and external.

QUALIFICATIONS

ABOUT US

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.

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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.





More jobs in Chicago, Illinois


Motus

Eurofins

Ideal Industries, Inc.
More jobs in General Business


Jackson Hewitt

Jackson Hewitt

Jackson Hewitt