This site uses cookies. To find out more, see our Cookies Policy

Cyber/E&O Underwriter in Chicago, IL at Chubb Group of Insurance Companies

Date Posted: 4/26/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chicago-525 Monroe St-Ste 700
    Chicago, IL
  • Job Type:
    Insurance
  • Experience:
    5 to 7 years
  • Date Posted:
    4/26/2018

Job Description

Chubb is the world’s 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 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

We are currently seeking candidates for an E&O/Cyber Executive Underwriter/Team Lead position in our Midwest region.  The ideal underwriter will have significant experience handling Professional Liability/E&O and Cyber lines of coverage and is seeking a leadership role in overseeing a team of underwriters in addition to their own underwriting responsibilities.

Our Underwriters are responsible for blending analytical and marketing skills into an effective business style by applying analytical skills to the risk assessment process; developing solutions for global customers; cultivating relationships with agents and brokers while using relationship to place business with Chubb; selling Chubb’s competitive advantages in the marketplace and negotiating pricing and terms and conditions in a competitive marketplace that meet the customer’s needs and positions Chubb to achieve a profit

As a E&O/Cyber Executive Underwriter in Chubb’s Chicago office, serving the Midwest Region, major duties and responsibilities are:

  • Achieving their goals through joint travel, approvals and strategic planning for new/renewal business
  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Binds coverage
  • Documents the underwriting files
  • Handles more complex files and portfolios within underwriting authority
  • Underwriting the following lines of coverage:
    • Cyber Liability
    • Technology E&O
    • Miscellaneous Professional Liability
    • Architects & Engineers Liability
    • Contractor’s Professional Liability
    • Media Liability
    • Lawyer’s Professional Liability
    • Public Officials Liability
    • Educator’s Legal Liability
    • Employed Lawyers Liability

MINIMUM REQUIREMENTS

  • 5-7 years underwriting experience
  • Bachelor’s degree

DESIRED QUALIFICATIONS

  • Knowledge of insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Microsoft Word, Excel, and Outlook
  • Internet usage
  • Oral and written communication skills
  • Negotiation skills
  • Marketing skills

At Chubb we are totally committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job without regard to race, sex, color, religion, age, national origin, pregnancy, sexual orientation, gender identity and expression, genetic information, disability or other perceived differences that do not relate to ability, performance and contribution at work.

Qualified applicants with criminal histories are not automatically disqualified from employment.  Factors such as job-relatedness of the conviction, age and time of occurrence, and the seriousness and nature of the circumstances will be considered.

CHECK OUT OUR SIMILAR JOBS

  1. Underwriter Jobs
  2. Commercial Underwriter Jobs