Job Description
Are you passionate about progressing your career within the largest publicly traded property and casualty insurer in the world?
Are you an A&H Senior Underwriter looking to further your knowledge in a multinational corporate organisation? An individual who is motivated to succeed in a role that offers personal growth and opportunities for career advancement. If this appeals to your current career expectations then we would love to hear from you.
We are searching for an experienced Senior Underwriter to form a key part of Chubb's A&H Major Risks Team. The successful candidate will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts.
In this role you will be responsible for the underwriting and servicing personal accident and travel policies for large multinational clients and the production of new and existing facility policies. You will support our Accident & Health business by developing and handling the underwriting and relationship of a panel of accounts both existing and new to Chubb. Key activities include account management, referrals, portfolio management, product development, compliance and governance. You will also be expected to get involved with planning, forecast and reports along with liaising with key Chubb people to maximise opportunities.
Key responsibilities:
- Underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan
- Represent and promote Chubb corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities
- 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 and maintain a permanent contact with internal colleagues as well as major clients
- Help train and mentor underwriters & assistant underwriters. Taking referrals and offering training and advice
Account Management:
- Partner / Client Management: P & L management of existing and newly acquired clients ensuring profitability, pricing adequacy, appropriate terms and conditions apply.
- Compliance & Regulation: You will ensure product integrity and compliance with all internal and external regulatory principles and guidelines, specifically including all aspects of FCA and Treating Customers Fairly. Ensuring contracts and agreements are signed, up to date, relevant and operative.
- You will set and achieve challenging Business plans for the retention, development, growth and increasing profitability of a designated panel of Key Partners / Clients and new Partners
Projects, Data Initiatives, Product development and Revenue Maximization:
- Support regional and Home Office project initiatives.
- Support A&H product development and implementation.
- Support underwriting and data analytics in conjunction with global and regional digital underwriting and analytic teams to help accelerate and optimize digital distributions.
Compliance:
- Ensure compliance with local regulations
Qualifications
- Considerable underwriting and market experience, preferably from within a global organisation is advantageous but not essential.
- Comprehensive understanding and working knowledge of the insurance market and competitors
- Solid experience of dealing with brokers and clients
- Results driven with ability to make own decisions and work on own initiative
- Strong written and verbal communication skills.
- Excellent attention to detail and organisational skills.
- Strong analytical skills, data management and database knowledge.
- Strong Excel, PowerPoint, and Word capabilities.
- Able to work within a team environment.
- Ability to provide quality service to clients and internal business partners
What can you expect 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.
https://www2.chubb.com/emea-careers/working-for-us/diversity-inclusion.aspx
About Us
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.
