Senior Underwriter, Private Equity
Company: Chubb
Location: Los Angeles
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
Commercial Property and Casualty Production Underwriter for Private
Equity clients. 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 assigned private equity-focused
agents/brokers. The position will work closely with all Commercial
Insurance resources both local, Industry Practice/LOB leaders, and
Home Office Personnel. Role Responsibilities Establish and develop
relationships with key private equity-focused 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 approximately $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, Line of business/Industry Practice Leaders and
Home Office personnel. Qualifications Bachelor’s degree or greater.
3-5 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. Local
Broker and Marketplace relationships. 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 $114,600 to $194,800. 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, Irvine , Senior Underwriter, Private Equity, Sales , Los Angeles, California