Senior Underwriter, Private Equity
Company: Chubb
Location: Chicago
Posted on: April 2, 2026
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Job Description:
Description The P&C Underwriter has responsibility for new
and renewal business for their own book of business. The position
will be responsible for driving profitable growth with Chicago and
Midwest producers in-scope for our Private Equity Specialty (PES)
customer group with an M&A specialization. This includes large
national brokers, key Cornerstone relationships and local/regional
agents. Lines of business include Package, Automobile, Umbrella,
International, E&O, and Workers' Compensation. Underwriting
duties will include developing and negotiating price, coverage,
terms and conditions for all new business and renewals while
actively identifying account rounding opportunities for other Chubb
Commercial Insurance practices. Collaborating with underwriters,
operations, claims, marketing, and home office management is
necessary. Must implement and manage effective pricing and rate
strategies that will produce profitability, book growth, and
successful producer relations. We are looking for a candidate who
is highly motivated, results oriented with solid business and
underwriting acumen. Responsibilities include but are not limited
to: Solicit new and renewal submissions from agents and brokers –
the underwriter is responsible for a new business production goal
and managing a renewal book of business Execute regional marketing
and sales strategies including prospecting, cross sell and upsell
initiatives Determine terms, conditions and pricing using complex
rating plans, underwriting guidelines and staying within authority
levels Partner with manager and IP leader to budget pending Private
Equity transactions, including corporate M&A, add-ons and
carve-outs, providing estimated terms, conditions and pricing using
during a confidential Due Diligence period Work collaboratively
with Manager, Underwriting Associate, and other unit and region
colleagues Document underwriting files thoroughly and accurately
Handle accounts and portfolio of business within underwriting
authority Adhere to all underwriting standards and guidelines as
outlined by the Division including all applicable Underwriting
Guidelines, Authorities and Position Papers Adhere to guidelines
for accurate and timely policy issuance, accurate premium booking
and billing, manuscript form and endorsement processes, and file
construction and documentation Regular broker travel and
engagement, including monthly/quarterly travel to assigned branches
& broker relationships within the Midwest & Texas Qualifications •
A minimum of 2 years P&C underwriting experience. •
Understanding of middle market Property & Casualty products and
appetite • Knowledge of the Private Equity insurance industry a
plus • Strong sales and marketing skills. • Bachelor degree of
equivalent The pay range for the role is $100,000 to $165,000. 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, Arlington Heights , Senior Underwriter, Private Equity, Accounting, Auditing , Chicago, Illinois
