MM Casualty Underwriter

Spain - Madrid - Cuzco IV


MM Casualty Underwriter
Chubb is the world’s largest publicly traded property and casualty insurer. 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.
The insurance companies of Chubb serve multinational corporations, mid-size and small businesses with property and casualty insurance and services; affluent and high net worth individuals with substantial assets to protect; individuals purchasing life, personal accident, supplemental health, homeowners, automobile and other specialty insurance coverage; companies and affinity groups providing or offering accident and health insurance programs and life insurance to their employees or members; and insurers managing exposures with reinsurance coverage.
With $150 billion in assets and $37 billion of gross written premiums in 2014* on a pro forma basis, Chubb’s core operating insurance companies maintain financial strength ratings of AA from Standard & Poor’s and A++ from A.M. Best.
Chubb’s parent company 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 and other locations, and employs approximately 30,000 people worldwide.

Role Purpose


Set, implement and achieve underwriting profit goals in accordance with business plan and with focus on Middle Market Segment and ability to manage multinational accounts. 

To ensure underwriting integrity through appropriate deployment of underwriting guidelines and controls, consistency of approach towards risk selection, pricing, and the correct use of capacity whilst recognising market conditions.

Key Responsibilities

  • Underwrite new business and renewals according to defined underwriting guidelines, specified budget and local business plan.
  • Portfolio Management:
  • In coordination with the Middle Market Casualty Segment Leader & Casualty Underwriting Manager define and build an underwriting strategy, forecast and portfolio management in order to achieve underwriting profitability. 
  • Ensure quality control within defined area of responsibility by undertaking quantitative underwriting review to develop best performers segments. 
  • To represent and promote Chubb to brokers increasing Chubb market visibility with a special focus on middle market.
  • Have a clear targeting and define a visit plan to brokers.
  • Pipeline Management
  • Maximise cross selling in collaboration with other lines of business especially with Property and Environmental lines.
  • Work closely with Casualty Segment Leader to ensure we optimise all new business opportunities and we reinforce our brand within the broker community in the north of Spain.
  • Comply with all policies, controls, authorities and reporting requirements.
  • Work within the framework of Chubb service standards, meeting company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues



Knowledge & Experience

  • At least 3 years’ experience as Casualty Underwriter with skills & knowledge to manage domestic and multinational accounts.
  • Proficiency in English and Spanish.
  • Used to work in a Multinational company.
  • Comprehensive understanding and working knowledge of the product line, the Spanish insurance market and Competitors.
  • Solid experience of dealing with brokers and clients. Ability to negotiate and get profitable business in accordance with company UW guidelines
  • Results driven with ability to make own decisions within the scope of technical underwriting guides and developed strategy line and work on own initiative.
  • Excellent communication and commercial skills.
  • Team worker.
  • Advance user of Microsoft office: Word, Excel, PowerPoint, Outlook
  • High level of ethical working standards

Work Location: Madrid - Cuzco IV
Job Function: Underwriting
Employment Type: Permanent

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