Sydney, New South Wales
13 days ago
Cyber & Tech Industry Practices UW, Small Commercial

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.

Your Role

The primary purpose of this role is to deliver underwriting profit and growth in our Cyber and Technology Practice business.

Your Responsibilities
 

Achievement of Retention and/or Personal premium budget 

Achieve financial targets.

Underwriting

Underwriting authority in all lines Within scope of delegated authority:
-Evaluates and accepts or declines new lines, renewals and endorsements
-Evaluates and makes recommendation for acceptance or declination on risks which exceed authority Recommends account trade off decisions Assists manager in providing input on portfolio analysis, profit analysis, premium planning, market and environment analysis, process and systems effectiveness and efficiency, etc. Responsible for underwriting results of assigned producers

Producer Relations

Underwriter is responsible for profit and premium growth of assigned producers. This would include producer account control and book composition and analysis Visits assigned producers to discuss risks, communicate Chubb’s business appetites, and to retain existing / produce new business Responsible for providing supervisor with input on premium planning variance

People Development

May have responsibility for assisting in underwriting training and producer relations
  Proficient in finding solutions for unique underwriting situations Well-versed in pricing techniques Knowledgeable about account servicing costs Familiar with alternative risk transfer methods Capable of developing reserves on a case-by-case basis and for a portfolio of business Aware of the key accounts in the Branch Understands the underwriting appetites of other departments and their impact on interdepartmental accounts Familiar with the broker selection and appointment process Able to recommend tailored coverage and manuscript policies Knowledgeable about the products and services offered by key competitors Skilled in utilizing a wide range of negotiation techniques Demonstrated ability to work effectively with others and influence decisions Understanding of portfolio analysis and the renewals process in underwriting. 

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. We also offer 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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