Underwriter, Technology
Chubb
Chubb is seeking a highly motivated and experienced Underwriter to join our team in the Midwest Region. This role is responsible for underwriting and managing a portfolio of technology-related risks, including but not limited to IT services, software development, telecommunications, and emerging technologies. The Technology Underwriter will play a critical role in driving profitable growth, building strong broker relationships, and delivering tailored insurance solutions to meet the unique needs of technology clients.
Key Responsibilities:
- Underwriting Expertise: Evaluate, analyze, and underwrite complex technology risks in accordance with Chubb’s underwriting guidelines and risk appetite.
- Portfolio Management: Manage and grow a profitable book of business by identifying opportunities for new and renewal accounts within the technology sector.
- Client and Broker Relationships: Build and maintain strong relationships with brokers, agents, and clients to understand their needs and provide customized insurance solutions.
- Market Knowledge: Stay informed about industry trends, emerging technologies, and regulatory developments to assess risks and identify opportunities.
- Collaboration: Work closely with internal teams, including claims, risk engineering, and product development, to deliver comprehensive solutions to clients.
- Negotiation: Negotiate terms, conditions, and pricing with brokers to ensure competitive and profitable outcomes.
- Compliance: Ensure all underwriting activities comply with Chubb’s policies, procedures, and regulatory requirements.
- Experience: Minimum of 2-3 years of underwriting experience, preferably in technology or related industries.
- Education: Bachelor’s degree in business, finance, insurance, or a related field. Advanced certifications (e.g., CPCU, ARM) are a plus.
- Technical Knowledge: Strong understanding of technology risks, including cyber liability, errors and omissions (E&O), and intellectual property exposures.
- Analytical Skills: Excellent analytical and decision-making skills with the ability to assess complex risks and develop creative solutions.
- Communication Skills: Strong verbal and written communication skills, with the ability to effectively present and negotiate with brokers and clients.
- Relationship Building: Proven ability to build and maintain strong relationships with brokers, clients, and internal stakeholders.
- Results-Oriented: Demonstrated ability to meet or exceed business goals in a fast-paced, dynamic environment.
- Technology Proficiency: Proficient in Microsoft Office Suite and underwriting systems.
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