Underwriter
About the job
- Ability to offer coverage, terms, and conditions that generate a profit while meeting customer needs.
- Ability to identify risk exposures, hazards, and appropriate controls; select risks based on exposure and risk analysis; and analyze claims and quantify losses.
- Understanding of financial statements and ratios used in risk analysis, insurance financial fundamentals, the impact of underwriting decisions on company assets, and credit risk.
- Ability to understand loss trends, loss triangles, and ratemaking, and to quantify risk using experience history and forecasting methods.
- Ability to sell and negotiate profitably, make presentations and communicate clearly, base communications on strategic thinking, and manage producer strategy.
- Ability to use systems and software programs needed to conduct daily business.
- Knowledge of the insurance industry and underwriting concepts, practices, and procedures.
- Proficiency with Microsoft Word, Excel, and Outlook, and internet usage.
- Oral and written communication skills, and negotiation and marketing skills.
- A college degree.
- Solicit new and renewal submissions from brokers.
- Determine terms and conditions and complex rating plans.
- Bind coverage.
- Document underwriting files.
- Handle complex files and portfolios within underwriting authority.
- Three to five or more years of underwriting experience is preferred.
About the company
Chubb is the world’s largest publicly traded property and casualty insurer, offering a wide range of insurance products across 54 countries, including commercial and personal P&C, personal accident and supplemental health, reinsurance, and life insurance. It underwrites by assessing, pricing, and managing risk, and it pays claims fairly and promptly under policy terms. Its scale, broad product lines, global reach, and strong financial strength help it serve diverse clients and handle large or long-tail risks with confidence. Its goal is to help people and businesses manage risk through clear policy terms, reliable protection, and steady financial resilience.
Company Size
10,001+
Company Stage
IPO
Headquarters
Zurich, Switzerland
Founded
1985
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Simplify's Take
What believers are saying
- Q2 2026 premiums rose 3.6%, with P&C underwriting income up 18.8%.
- Record investment income hit $1.76 billion pre-tax in Q2 2026.
- Vaultik partnership expands embedded high-net-worth insurance through AI authentication and instant quoting.
What critics are saying
- Evan Greenberg plans a 20% global headcount cut over three years.
- Large-account property pricing softened in Q2 2026, squeezing commercial growth.
- A severe catastrophe cluster or marine war loss can erase underwriting gains fast.
What makes Chubb unique
- Chubb is the largest publicly traded P&C insurer, with 54-country operating reach.
- Its July 2026 Q2 combined ratio of 83.8% shows disciplined underwriting.
- Digital leadership now splits AI science, platform execution, and partnership growth.
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Benefits
Performance Bonus
Growth & Insights and Company News
6 month growth
↑ 11%1 year growth
↑ 11%2 year growth
↑ 11%AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of "a+" (Excellent) for Chubb Perú S.A. Compañía de Seguros y Reaseguros, with stable outlooks. The ratings reflect the company's strongest balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management. Chubb Perú, which began operations in 1998, is the ninth-largest insurance operation in Peru as of August 2026. The company maintains a diversified portfolio, with 47% in property/casualty products, 40% in accident and health, and 13% in life insurance. The insurer's total capital base reached $46 million in 2025, whilst recording historic net income of $10.4 million. The company continues to post profitable results through August 2026.
Vaultik has partnered with Chubb to streamline the process of authenticating, valuing, and insuring watches and jewellery. Through Vaultik's platform, owners can photograph their items and receive AI-powered authentication and valuation results, reviewed by experts at Birmingham Assay Office. Eligible customers can then request insurance quotes from Chubb and purchase coverage digitally within the same application. The collaboration addresses a traditionally fragmented process that typically requires separate appointments for appraisal and insurance. The service is available through Vaultik's Collect App and can be offered by retailers, jewellers, and marketplace sellers. Vaultik currently partners with WhatNot and eBay Live. Vaultik's KYP protocol generates authentication and valuation outputs from photographs, whilst Birmingham Assay Office provides specialist review. Chubb underwrites the insurance coverage for eligible items.
Chubb reported second quarter 2026 results with net income of $2.854 billion and earnings per share in line with the prior year. The insurer's shares fell 2.52% over seven days but delivered a 13.1% year-to-date return and 32.82% total shareholder return over 12 months. Analysts value Chubb at approximately $365.87 per share, suggesting the stock is roughly 4% undervalued at its recent close of $350.68. The company authorised a new $5 billion share buyback programme alongside growing dividends. Growth drivers include specialised insurance demand in cyber security and high-net-worth personal lines, supported by digitalisation and climate-related risks. However, the stock trades at a price-to-earnings ratio of 12.1x, above the 11.7x US insurance industry average, leaving limited room for error if growth expectations weaken.
Chubb Limited reported second quarter net income of $2.85 billion, or $7.30 per share, with core operating income of $2.84 billion, or $7.26 per share, up 18.2% year-over-year. Consolidated net premiums written reached $14.7 billion, up 3.6%. The property and casualty (P&C) segment posted net premiums written of $12.77 billion, up 3.0%. P&C underwriting income increased 18.8% to $1.94 billion, with a combined ratio of 83.8%. North America Personal and Agriculture both grew 6.0%, whilst Overseas General climbed 10.2%. Life insurance net premiums written rose 7.5% to $1.94 billion, with segment income up 9.0%. Pre-tax net investment income reached a record $1.76 billion, up 12.3%. Annualised return on equity stood at 15.3%, with core operating return on tangible equity at 21.2%.
Chubb Limited reported second quarter net income of $2.85 billion, or $7.30 per share, with core operating income of $2.84 billion, or $7.26 per share, up 18.2% year-over-year. Consolidated net premiums written reached $14.7 billion, up 3.6%, with property and casualty insurance rising 3.0% and life insurance up 7.5%. The P&C combined ratio stood at 83.8%, whilst underwriting income increased 18.8% to $1.94 billion. Pre-tax net investment income hit a record $1.88 billion, up 11.4%. The company's tangible book value per share increased 17.1% from the prior year to $131.93. North America commercial P&C declined 2.3%, primarily due to underwriting actions on property. However, overseas general insurance grew 10.2%, with particularly strong growth in Latin America, up 15.6%. Chubb returned $1.37 billion to shareholders through share repurchases and dividends during the quarter.