Underwriter, Commercial Insurance Specialty
Company: Chubb
Location: Chicago
Posted on: April 1, 2026
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Job Description:
Description Chubb Commercial Insurance is looking for a
motivated, results oriented applicant to fill the position of Core
Commercial Property and Casualty Production Underwriter supporting
the Chicago Branch. Commercial Insurance writes companies with
revenues up to $1B, including both guaranteed cost and loss
sensitive program structures. This position will be charged with
growing and underwriting a book of business that consists mainly of
Manufacturing, Wholesale Distribution, Professional Services, Food,
Other/Business Services, Real Estate, and Cultural Institution
Middle Market business. The position will also consist of marketing
all Chubb’s products to their assigned agency/broker plan to bring
in opportunities and profitably grow the Commercial Insurance book
of business. The position will work closely with all Commercial
Insurance resources both local, Territory Underwriting Manager,
Industry Practice/LOB leaders, and Home Office Personal. Role
Responsibilities The Production Underwriter will: Establish and
develop relationships with key distribution partners to drive
submission activity in our desired industry segments. Responsible
for profit, growth, and retention of assigned book. Meet or exceed
new business production goal of $1.0m-$1.5m while maintaining
profitability across assigned portfolio and adhering to authority
and underwriting strategies. Includes knowledge and achievement of
desired pre-bind metrics (Submissions, Quote Ratio, Hit Ratio,
Efficiency Ratio) to facilitate profitable growth and achieve
production goals. Strong Focus on developing a prospect pipeline 5x
new business production goal with assigned distribution partners
using advanced company prospecting tools and strong marketplace
visibility of 12 external visits per month. In conjunction with
Underwriter Associate, meet or exceed rate, exposure, and retention
goals to achieve desired profitability on renewal book by retaining
key assigned branch accounts and leading coordination of Loss
Control, Claims and other value-added service plans for service
level accounts. Includes developing client relationships. Develop
understanding of products and engage with other Chubb Business
Units to aggressively cross-sell all Chubb Products and Solutions
through agent/broker’s and existing client relationships. Includes
but is not limited to, Multi-National, Environmental, Ocean Cargo,
Financial Lines, Product-Recall, E&O, A&H, etc. Develop and
maintain internal relationships with local branch, Territory
Underwriting Manager, Line of business/Industry Practice Leaders
and Home Office personal. Qualifications Bachelor’s degree or
greater. 1 years of commercial underwriting experience, preferably
in the core middle market property and casualty segment. Strong
understanding of Property, General Liability, Auto, Workers
Compensation, Umbrella, and International Lines of Business. Strong
marketing and negotiation skills with focus on building and
developing external relationships. Demonstrates ability to
affectively prepare for meetings to efficiently drive objectives.
Strong technical underwriting skillset in areas including
exposure/control analysis, coverage forms and policy structure,
loss picks and profitability analysis, and rating. Ability to work
efficiently in a strong, fast paced team environment. General
understanding of underlying insurance business, regulatory
environment, and strong adherence to underwriting authority.
Proficiency in Microsoft Office Suite. The pay range for the role
is $85,000 to $130,000. 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.
Keywords: Chubb, Janesville , Underwriter, Commercial Insurance Specialty, Sales , Chicago, Wisconsin