Ocean Marine Underwriting Manager - Midwest Region

Company: Chubb
Location: Chicago
Posted on: July 1, 2025

Job Description:

The Ocean Marine Manager will lead a team of Marine underwriters in the Midwest Region underwrite Ocean Cargo products for both Major Accounts and Commercial Insurance clients. The Manager will provide oversight of the Major Ocean Marine portfolio for the Midwest region, while underwriting some individual risks and providing subject matter expertise and handling referrals within their authority. They will also provide subject matter expertise by demonstrating understanding the following: Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer. Deep understanding of Ocean Cargo business. Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses. Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods. Marketing and communications. Ability to develop a regional marketing strategy, and to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Systems and programs. Ability to use systems and software programs needed to conduct daily business. Achieve financial goals related to new business production, renewal retention and rate. Ensure regional underwriting integrity and profitability. Manage regional authority inclusive of underwriting referrals from underwriters as well as referrals through Major and CI Home Office. Supervise, develop, and train employees, including weekly office hours and one-on-one meetings with direct reports. Minimum 5 years of current underwriting/insurance experience –concentration in Ocean Marine. Minimum 2 years of Leadership/Management experience. Strong marketing and underwriting skill set with an emphasis on relationships and exposures in the Midwest region Able to work collaboratively and prioritize in a matrix environment Strong oral and written communication skills PC and Microsoft Office Products proficient The pay range for the role is $165,300 to $190,000. 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, Palatine , Ocean Marine Underwriting Manager - Midwest Region, Accounting, Auditing , Chicago, Illinois