Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.
Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.
Your Role The Casualty Underwriter is responsible for underwriting new and renewal Casualty accounts in accordance with Chubb guidelines. They also play a key role in developing business relationships with an assigned panel of Independent and Global brokers within their authority.
It therefore requires an ability to build and maintain relationships with a panel of brokers and tenacity and skill in pursuing target accounts. It also requires that the individual establishes and executes business plans to maximise opportunities with those brokers.
Your Responsibilities Achievement of the Personal premium budget Underwriting
Within scope of delegated authority: Evaluates and accepts or declines new lines, renewals and endorsements Evaluates and makes recommendation for acceptance or declination on risks which exceed authority Recommends account trade off decisions Assists manager in providing input on profit analysis, premium planning, market and environment analysis, etc. Responsible for underwriting results of assigned producers. Working within the Casualty department, on an assigned broker panel Underwriting a Primary, Umbrella and Excess Liability portfolio in accordance with Chubb underwriting strategy Select new risks and underwrites renewals for assigned book of business and/or for designated speciality classes or market segments Producer Relations Underwriter is responsible for profit and premium growth of assigned producers. This would include producer account control and book composition and analysis Visits assigned producers to discuss risks, communicate Chubb's business appetites, and to produce new business Manages relationships with assigned producers Responsible for providing supervisor with input on premium planning variance People Development May have responsibility for assisting in underwriting training and producer relations Looks for solutions to unique underwriting situations Understands pricing techniques Understands account servicing costs Has a working knowledge of alternative risk transfer Understands development of reserves by individual case and by book of business Has a working knowledge of the key accounts in the Branch Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts Understands the broker selection and appointment process Makes recommendations for tailoring coverage and manuscripting policies Is familiar with the products / services of key competitors Is comfortable with a wide range of negotiation techniques Has demonstrated ability to work well with people and influence decisions. Desirable: Has demonstrated ability to effectively train entry level underwriters and to orient new experienced hires We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. We also offer a flexible working approach via our "My One Thing" initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.
Applications Open: 11/10/2024
Applications Close: 11/11/2024
Employment Type: Permanent
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