Renewal Underwriter

United Kingdom - Manchester - Abbey House


Renewal 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.

Are you interested in working for the world’s largest property & casualty insurer in the world with excellent employee benefits and offices in 54 countries?

Are you an experienced Underwriter within Commercial Insurance?

This is a 12 month contract role & will be a key part of Chubb's Package team in Manchester. You will contribute to the achievement of the National Underwriting Centre (NUC), the line of business and corporate goals relating to renewal retention, rate, exposure, service and producer / client relations. If you are interested in a long term contract & looking for a new challenge, then we would love to hear from you.

Key Responsibilities:

  • You will be responsible for a group of accounts; maintaining the renewal book by preparing, negotiating and delivering renewal terms within NUC.
  • You will liaise with Operations and our offshore team to ensure admin matters are dealt with.
  • Responsible for key renewal review initiative and key account retention strategy.
  • Handling mid term actions for allocation of accounts within NUC service level agreements
  • You will be managing the risk engineering review cycle on your accounts. Including sending, following up and resolving outstanding new risk improvements.
  • Preparing risk referral and seek approval from appropriate authority holder as necessary if outside your underwriting authority or as you require assistance.
  • Preparing rationale, including final underwriting authority/approval for your accounts as per guidelines
  • Knowledge of all appropriate product lines, appetite and wordings
  • Dedicated member within Underwriting team - developing relationships with brokers and branches.
  • Working closely with BDMs, Product Line and Claims in assessing risks and leading delivery of services

Knowledge & Experience

  • Experience in a Commercial Insurance underwriting position
  • Can demonstrate application of technical underwriting knowledge
  • Experience of working independently and as part of a team
  • Knowledge of rating tools and pricing methodologies
  • Knowledge of policy forms
  • Ability to utilize initiative and prioritise work
  • Ability to recognise and evaluate exposure to loss
  • Commensurate Underwriting Authority to position
  • Positive relationship building
  • Demonstrate desire to continue professional development

Integrity. Client focus. Respect. Excellence. Teamwork.

Our core values decide 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.

Work Location: Manchester - Abbey House
Job Function: Underwriting
Employment Type: Fixed Term Contractor (FTC)

Join Our Talent Network

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

Learn More