Executive Underwriter, Climate Tech

Full Time
Boston, MA 02111
Posted
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.

This role will be a new business underwriter in the Climate Tech Practice reporting into the Senior Vice President for Climate Tech. Location for this role is flexible.

Some more information on the Chubb Global Climate Business Unit:

Mission: Expand existing capabilities and expertise to establish Chubb as the leading global provider of P&C insurance products and services to:

Customers developing new innovations and technologies that mitigate the impact of climate change.
Sectors supporting climate sustainability and the transition to a net zero economy
Customers seeking to improve climate/carbon-resiliency

Approach:
Establish a Global practice, with embedded risk engineering, claims handling, analytics, and communications to support local execution and deliver proactive “go to market” capabilities that address the ongoing evolution of climate sustaining operations, technologies and services

Value Proposition:
Global expertise, insights and operational services delivered locally, consistent with the Chubb brand
Ongoing development of new products and value-adding services to help clients meet climate goals and address the needs of emerging technologies aimed at improving the sustainability of the planet

Position Responsibilities include:
Focus on generating New Business pipeline and growing portfolio.
Handling of Key Accounts within Climate Tech Industry Practice.
Building Chubb Brand in the marketplace.

Drive financial performance of a Commercial book of business.

Meet or exceed financial goals including rate, growth, profit, retention, and new business.

Work in tandem with Risk Engineering to adapt to innovation trends and identify critical risk factors

Build underwriting acumen in Climate Tech sectors

Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers.

Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients.

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 Chubb risk engineers.

Qualifications

Strong Property and Products liability underwriter.
Work in tandem with Risk Engineering (85% of submissions will require RE consult).
Collaborate with multiple IP Specialists in Manufacturing, Tech and ERS.

Strong sales, marketing, and negotiation skills

Minimum of 8+ years insurance industry experience.

Minimum of 8+ years of commercial lines underwriting experience.

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.

Strong desire to improve knowledge and skill set in the commercial lines of business.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.

For additional information about Chubb or its services, please visit our website at www.chubb.com .

Qualifications

EEO Statement
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 retaliationagainst any individual who reports discrimination or harassment.

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