Opportunities

Senior Underwriter P&C

United Kingdom - Newcastle - Quayside

Overview

Senior Underwriter P&C
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

 

Experienced Underwriter / Senior Underwiter required to form a key part of Chubb's Underwriting Team.  The successful candidate will have responsibility for growth of the Portfolio with key Brokers and Clients, whislt maintaing and developing a portfolio of existing accounts.

Key Responsibilities

 

• Financial Goals.  To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.

• Portfolio Integrity.  To 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, running regular management meetings and peer reviews.

• Product Development.  To 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.

• Producer Management.  To 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.

• Procedures.  To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.

• Operational Management.  To manage junior colleagues by using the Chubb PMP and peer review process as well as providing mentoring, training and coaching where appropriate.  In so doing, ensuring a high quality underwriting team.  To allocate resources to meet business objectives.

• Chubb Representative.  To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients as well as major clients.

Knowledge & Experience

 

• 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.

Work Location: Newcastle - Quayside
Job Function: Underwriting
Employment Type: Permanent

APPLY
Join Our Talent Network

We came a long way in a very short space of time.

Learn More