Underwriter, Technology
Chubb (Chubb) · Other
- Risk Management
- Insurance & Actuarial
- Washington, DC, United States
- Columbia, MD, United States
- Philadelphia, PA, United States
- Regular · Full time
Chubb is seeking a highly motivated, results oriented Commercial Lines Technology Underwriter to join our industry leading technology practice. The primary focus of the position will be Package, Umbrella, Workers Compensation, Automobile and International coverages for a wide variety of customer types in this niche space.
Position Responsibilities
- Drive financial performance of assigned book of business. Underwriter will have a renewal book with a strong flow of new business submissions.
- Meet or exceed financial goals including rate, growth, profit, retention, and new business.
- Meet or exceed service standard.
- Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of technology products and services for new and existing customers.
- Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery.
- Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory.
- Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives.
- Develop technical expertise of underwriting associates.
- Utilize agency travel to build a robust prospect pipeline.
- Underwrite new technology accounts and assess risk exposures in the Mid‑Atlantic region.
- Develop and maintain relationships with brokers, agents, and insureds to generate new business.
- Manage the renewal cycle for existing technology policies, including pricing and terms adjustments.
- Analyze loss data, market trends, and underwriting guidelines to make informed decisions.
- Prepare clear and concise underwriting submissions, quotes, and policy documents.
- Collaborate with actuarial, claims, and risk management teams to optimize portfolio performance.
- Ensure compliance with ACE underwriting standards, regulatory requirements, and industry best practices.
- Participate in regional underwriting meetings and contribute to strategy development.
- Provide mentorship and guidance to junior underwriters as needed.
- Maintain accurate records in underwriting systems and report key metrics to leadership.
- Strong sales, marketing, and negotiation skills
- 3+ years of commercial lines underwriting experience preferred.
- Technology underwriting experience a plus
- Proven track record of building strong business relationships with agents and insureds.
- Demonstrated strong written and oral communication skills.
- Proven ability in complex account analysis, prioritization, organization and detail orientation
- Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently.
- Knowledge of Microsoft Office Suite as well as other business-related software
- Bachelor’s degree or equivalent experience
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