Senior Package Underwriter
Chubb Birmingham, United KingdomSenior Package Underwriter
Job Description
We have an excellent opportunity for an experienced Package Underwriter/Senior Underwriter to form a key part of Chubb's commercial insurance underwriting team. The successful candidate will have experience in multiline P&C underwriting and will focus on new business development in the upperSME/lower middle market segment. You will be responsible for new business underwriting and trading with broker partners, inluding pipelining, quoting, negotiating and writing new business.
This exciting role could suit either an existing Senior Underwriter who is hungry, motivated, inquisitive and in need of a new challenge, or a similarly minded passionate individual currently working at Underwriter level who feels ready for that step up and elevation in their career.
Key Responsibilities:
- Underwrite new business and renewals according to defined underwriting guidelines, specified budget and local business plan.
- Represent and promote Chubb corporately to brokers, internal stakeholders and external clients.
- Servicing key producers and clients, through an engaged programme of pro-active external visitation, monitoring business acquisition and retention as well as maximising cross-selling opportunities.
- Assist in formulating and implementing underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability.
- Ensure quality control within defined area of responsibility.
- Assist with development of products within areas 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.
- Meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
- Manage junior colleagues as well as providing mentoring, training and coaching where appropriate. In so doing, ensuring a high quality underwriting team.
- Allocate resources to meet business objectives.
Qualifications
- Considerable market experience
- ACII preferred.
- Continues to develop technical and broader business skills
- Comprehensive understanding and working knowledge of Corporate Underwriting experience, 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.
- An experienced professional who is recognised externally.
- Experience of leadership, training, mentoring and people development preferred but not essential.
We offer in return!
- Competitive salary & pension 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.
- 1 day annual Charitable leave, cycle to work scheme, 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 will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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.