What Chubb actually looks for
Chubb is one of the largest publicly traded property and casualty insurers in the world, formed when ACE Limited acquired the original Chubb Corporation in 2016 and took on the more recognizable Chubb name, with the combined company incorporated in Switzerland and led by chairman and CEO Evan Greenberg. Chubb focuses heavily on commercial and specialty insurance for businesses, covering areas like property, casualty, cyber, and professional liability, alongside a well known high net worth personal lines business through products like Chubb Masterpiece, which insures higher value homes, valuables, and liability exposures than a standard homeowners policy. The company has a reputation in the industry for underwriting discipline, meaning it's known for walking away from business it considers underpriced rather than chasing growth, a philosophy interviewers for underwriting roles will expect you to understand and respect. Because Chubb operates globally across many specialty lines, interviewers often probe for comfort with complexity and risk assessment rather than straightforward, high volume personal insurance sales. Expect a more technical, risk focused interview style, especially for underwriting, actuarial, and claims roles, than you'd find at a mass market personal lines insurer.
Common questions and how to answer them
Chubb is known in the industry for underwriting discipline, sometimes walking away from business rather than underpricing risk. How would you apply that philosophy to a specific underwriting decision? is a realistic and central Chubb question, and a strong answer shows you understand profitable, selective growth matters more here than simply writing as much business as possible. How would you assess the insurance needs of a high net worth client with an art collection or multiple properties, versus a standard homeowner? tests familiarity with Chubb's actual high net worth personal lines business, which requires more customized risk assessment than typical homeowners insurance. A commercial client wants cyber coverage after a competitor suffered a major breach. What factors would you weigh in assessing and pricing that risk? is relevant given Chubb's real specialty lines in cyber insurance, and rewards candidates who understand this is a fast evolving, hard to model risk category.
How to prepare
Understand Chubb's underwriting discipline reputation and be ready to discuss why walking away from underpriced business can matter more to long term profitability than growth for its own sake, since this genuinely differentiates Chubb from competitors. If you're interviewing for a personal lines role, look into Chubb Masterpiece and how high net worth insurance differs from standard homeowners and auto coverage. For underwriting or actuarial roles in specialty lines like cyber or professional liability, brush up on how those risks are actually assessed, since they don't follow the same historical loss data patterns as more established insurance categories.