Senior Property Underwriter

Senior Underwriter, Property Major Accounts

The Major Accounts Division of Chubb in the UKI focuses on complex and risk managed Insureds, who have an annual Turnover in excess of $500m. The majority of these clients are underwritten within the London branch, and the division has seen sizeable growth and continued strong profitability over a number of years.

Continuing profitable growth is a key priority for the business, with a focus on aligning the changing needs and wants of customers with sound underwriting judgement and risk selection.

With dedicated market leading experienced professionals, the Major Accounts division is primed for further growth in the coming years, and we need an experienced Senior Underwriter to help ensure our success in the UKI business.

Role Purpose

To set, implement and achieve underwriting profit goals in Property Major Risks in accordance with business plan. To ensure underwriting integrity through appropriate deployment of capacity whilst working within Chubb’s underwriting guidelines and controls, consistency of approach towards risk selection, pricing, and use of capacity whilst recognising market conditions.

Key Responsibilities :

• Underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
• Assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews and peer reviews.
• Prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines in Europe as well as globally.
• Represent and promote CHUBB corporately to brokers, internal and external clients domestically and overseas. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities.
• Meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
• Work within the framework of Chubb ethical and service standards.

Qualifications

What we offer in return!

Pension and annual bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, Employee Assistance program.

Integrity. Client focus. Respect. Excellence. Teamwork.

Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.

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.

Job Info

J-18808-Ljbffr