The Opportunity
We are currently recruiting an Underwriter to set, implement and achieve underwriting profit goals in the specialist area of Contractors/Erection all Risks business in accordance with the set business plan and underwriting guidelines and appetite. To ensure underwriting integrity through appropriate deployment of capacity, whilst being compliant with guidelines and controls, consistency of approach towards risk selection, pricing, and use of capacity whilst recognising market conditions within delegated underwriting authority.
The successful candidate will have experience of Construction/Erection and Engineering underwriting in the various aspects of the sector of including, but not limited to, Power, Heavy Industrial and Renewable and Alternative Energy and where possible though not essential, Operational Power and will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining 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 participating in quantitative underwriting reviews, running, attending and participating in regular 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 other products in the UK and I and across business lines in Europe as well as globally.
- Producer Management. To represent and promote Chubb corporately to brokers, internal and external clients domestically and overseas. 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.
- Chubb Representative. To represent and promote Chubb and maintain a permanent contact with internal colleagues as well as major domestic and overseas clients, customers and brokers.
- Good experience and understanding of the Construction / Erection all Risks market.
- Good to extensive knowledge of Construction/Erection business including risk selection / understanding, risk exposures, pricing and coverage.
- Solid experience of dealing with brokers of all tiers and clients.
- Results driven with ability to make own decisions and work on own initiative.
- Continues to develop technical and broader business skills
- ACII preferred, but not essential.
WE OFFER 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 providing service to its clients and customers. 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.
https://www2.chubb.com/emea-careers/working-for-us/diversity-inclusion.aspx
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.
207 jobs found