Life Underwriter jobs

Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.

Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited 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, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at:www.chubb.com

About the Role

This is a key role within the team, focused on driving profitable growth, strengthening broker and client relationships, and supporting the achievement of department, branch and corporate goals. You’ll play an important part in delivering strong service, protecting underwriting quality and contributing to the overall success of the business

In this role, you will:

Book management

• Developing portfolio, profit and retention strategies
• Working with HUB and internal stakeholders to maintain a consistent broker approach and provide feedback and solutions where needed
• Monitoring open claims for assigned accounts and making recommendations where appropriate
Preparing thoroughly for account reviews with management, demonstrating strong knowledge of risk, industry trends, the competitive environment and Chubb’s products and capabilities

Underwriting quality and compliance

• Maintain strong underwriting standards and ensure compliance with relevant workflows and documentation requirements.
• Adhering to underwriting, compliance and file documentation standards to support Branch and SBU revenue and profit goals
• Evaluating and accepting or declining new lines, renewals and endorsements within delegated authority
• Making recommendations on risks outside authority and account trade-off decisions
Providing input to management on profit analysis, premium planning and market/environment analysis where appropriate
• 
  

Sales and marketing

• Support individual producer targets and contribute to business development across SBU/product lines and broker segments.
• Achieving individual producer targets in line with the business plan
• Developing and implementing business development strategies to prospect for new business
• Collaborating with key internal stakeholders to maximise sales and marketing outcomes
Managing the sales pipeline to identify and develop new business opportunities

Broker and key account management

• Build and maintain strong broker and key account relationships across the assigned territory to retain and grow business.
• Manage relationships through proactive communication, regular visitation and collaboration with internal and external stakeholders
• Visiting producers to discuss risks, communicate Chubb’s appetite and generate new business
• Monitoring producer performance and addressing any gaps against underwriting and marketing goals
• Planning and delivering a regular underwriting travel programme to support business development and market presence
• Managing resources and expenses in a responsible and strategic way

What you’ll bring to the role

• Demonstrable ability to proactively identify and implement intelligent solutions to unique underwriting situations.
• Appropriate levels of subject matter expertise in relation to: pricing techniques, alternative risk transfer and the development of reserves by individual case and by book of business.
• Working knowledge of the key accounts in the Branch.
• Understanding the underwriting appetites of the other departments and associated relationships with interdepartmental accounts.
• Judgement, experience, and confidence to make appropriate recommendations for tailoring coverage and manuscripting
• policies.
• Familiarity with the products / services of key competitors.
• Demonstrable capacity and efficacy in utilising negotiation strategies to achieve constructive business outcomes
Demonstrated ability to work well with people and influence decisions.

Why Chubb?

Chubb is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed, respected and valued. We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. Some additional benefits offered include a flexible working approach via our “My One Thing” initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.

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