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- Commercial Renewal Underwriter - Excess Casualty
Description
JOB DESCRIPTION
- Review and analyze existing insurance policies up for renewal, assessing risk exposures and determining if terms and pricing remain appropriate.
- Maintain and manage a book of renewal business, ensuring retention targets and profitability goals are met.
- Communicate with brokers, agents, and clients to discuss renewal terms, address questions, and negotiate coverage changes.
- Evaluate claims history, loss trends, and changes in client operations to adjust coverage or pricing as needed.
- Ensure all renewal documentation, endorsements, and policy changes are accurately processed and compliant with regulatory and company standards.
- Work closely with other departments (e.g., claims, actuarial, legal) to resolve complex cases and support cross-functional initiatives.
- Stay updated on market trends, competitor activity, and regulatory changes to inform underwriting decisions.
- Adhere to Chubb's underwriting guidelines, authority limits, and compliance requirements.
- Underwriter will handle between 140 - 160 renewals
QUALIFICATIONS
- 2+ years of insurance experience, preferably in commercial or specialty lines.
- Prior experience with renewals or portfolio management is a plus.
- Strong analytical and risk assessment abilities.
- Proficiency with underwriting systems and Microsoft Office Suite.
- Understanding of insurance products, policy language, and regulatory requirements is a plus
- Excellent verbal and written communication for broker and client interactions.
- Negotiation and relationship management skills.
- Detail-oriented, organized, and able to manage multiple renewals simultaneously.
- Ability to work independently and as part of a team.
The pay range for the role is $70,000 to $100,000. 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.
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.