Lower Middle Market Underwriter
Company: Chubb
Location: Schaumburg
Posted on: July 1, 2025
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Job Description:
The Lower Middle Market (“LMM”) New Business Underwriter is a
field-underwriting role fully dedicated to new revenue generation
for multiline accounts of low to moderate size and complexity for
an assigned group of agents. This individual reports into a
Commercial Insurance branch office and matrixes into a regional LMM
underwriting team. The individual is accountable for reviewing,
triaging, underwriting, and quoting submissions and securing binds
to achieve his/her individual production goal while adhering to
Chubb standards of underwriting and compliance. The ideal candidate
will possess strong underwriting skills, exceptional communication
abilities and the capacity to build and maintain impactful
relationships. In this role, you will effectively manage agent
relationships and collaborate with internal partners in Field
Underwriting, Distribution and Operations to ensure seamless
processes and superior service delivery. Primary responsibilities:
Multiline underwriting including Package, Umbrella, Workers
Compensation, Auto, and ancillary lines while ensuring adherence to
our established underwriting strategy and authority, as well as
following a referral process to maintain compliance and audit
standards. Cross-sell additional lines of business to maximize
revenue per account, including P&C, Financial Lines, Cyber,
Accident & Health, and other relevant products. Work closely with
local Business Development Managers to identify opportunities for
growth and production enhancement within assigned agencies.
Establish and maintain strong working relationships with assigned
agents to drive profitable growth. Disciplined desk management,
including production planning and forecasting for assigned book of
business. The preferred candidate has experience in Commercial
Lines Property & Casualty underwriting and has demonstrated the
ability to drive profitable new business revenue while adhering to
audit and compliance requirements. The following are required:
Minimum 2-4 years commercial lines underwriting experience. Proven
ability to use technical analysis and underwriting skills to
profitably grow new business revenue. Strong interpersonal,
communication, and negotiation skills. Demonstrated record of
teamwork and integrity. Strong organizational and time management
skills. Desire to work in a dynamic, fast-paced environment.
Bachelor’s degree or equivalent experience. The following are
preferred: Package underwriting experience. 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. Chubb is a world leader in insurance. 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. 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 retaliation against any
individual who reports discrimination or harassment.
Keywords: Chubb, Lombard , Lower Middle Market Underwriter, Sales , Schaumburg, Illinois