Senior Underwriter, Construction Surety
Location: San Ramon
Posted on: June 23, 2025
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Job Description:
The Senior Underwriter Construction Surety is accountable for
managing and underwriting a portfolio of construction surety
accounts with limited oversight, as well as developing and
maintaining agency and broker relationships within territory to
generate new business opportunities. Key Responsibilities: Operates
under the dual underwriting structure to support the underwriting
process by providing intelligent, well thought out recommendations
through the use of financial and contract analysis as well as
knowledge of industry trends and external economic factors.
Enhances Chubb’s presence in assigned territories and works with
others to generate new business opportunities via relationship
building with both internal and external stakeholders. Markets and
prospects for new business by travelling throughout the assigned
territory. Expected travel for meetings with producers, customers,
and industry events is 25-50%. Delivers timely quality service to
customers, by anticipating customer needs and demonstrating
knowledge of the competitive environment. Exchanges information
(written and oral) in a way that produces the desired effect or
outcome. Knowledge of surety industry Knowledge of underwriting
concepts, practices, and procedures Strong organization and time
management skills Excellent oral and written communication skills
Passion for marketing and relationship building Takes initiative to
meet and exceed goals with limited oversight Requirements: 3-5
years surety underwriting (or comparable) work experience
Bachelor’s degree The pay range for the role is $125,000 to
$160,000. 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
at https://careers.chubb.com/global/en/north-america . 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: , Palo Alto , Senior Underwriter, Construction Surety, Sales , San Ramon, California