Do you have a passion for underwriting risk which supports the climate transition such as renewable energy, alternative fuels and climate technologies?
Background:
This is an exciting opportunity to join our newly created Industry Practice in France. The practice has been developed to support and accelerate growth in the broad range of energy and climate transition technologies by developing industry specialism across lines of business. The practice has two components:
>Renewable Energy & Alternative Fuel (REAF) which includes developers and operators of renewable power assets (wind, solar, geothermal, biomass, hydro, wave & tidal), alternative fuel assets (biofuels, hydrogen, nuclear), the power grid, energy storage, alternative fuel distribution and storage, and other transition technologies such as heating and cooling networks, and carbon capture and storage projects.
>Climate Technology which includes organizations that develop products, technology, and services with a core focus to (1) reduce greenhouse gas emissions, (2) to adapt to an altered environment, or (3) address the impact of climate change.
Industry Practices (IP) differentiate Chubb as an industry specialist, including specialist underwriting expertise, differentiated products and propositions across multiple risk areas, and tailored service delivery.
Role Purpose:
The primary purpose of this role is to underwrite construction and operational risks for REAF occupancies, and P&C risks for climate technology companies. The successful candidate will have a good market presence, representing the Industry Practice in broker and client meetings, and assist the Industry practice leader. They will also work closely with other internal stakeholders across all lines of business plus extending to colleagues in claims, risk engineering and global services to provide excellent service to our brokers and clients. They will also work closely with our other underwriting teams to provide multi-line solutions.
The long term ambition for this role opportunity is to acquire technical underwriting expertise on the other lines of business with a view to become a multi-line underwriter
Key responsibilities:
Underwriting – Underwrite new business and renewal accounts according to defined underwriting guidelines and strategies, working closely with risk engineers where appropriate in line with guidance. Industry Knowledge – Keep appraised of developments in the industry, including projected investment across different REAF & Climate technologies, industry specific challenges and loss activity. Financial - Contribute towards achieving the Industry Practice financial plan. Training & Mentoring – working to continuously increase knowledge of REAF & Climate technology underwriting, participating in learning and development. Compliance and Procedures - Meet company standards in respect of policy documentation, contract certainty, peer review, audit, compliance, legal and regulatory requirements. Leadership – As a senior underwriter, you will support the Industry Practice Leader in establishing and promoting best practice within the team. Chubb Representative - Represent and promote Chubb to brokers and the value-added proposition the IP brings to brokers and clients. Business Development - Proactively maintain relationships with key brokers and clients to ensure profitable and sustainable growth, in conjunction with distribution and other key stakeholders. Develop and grow pipeline of opportunities. Contribute towards strategic growth plans with key brokers. Cross-sell - Pro-actively maximise cross-selling opportunities through collaboration with Chubb colleagues across lines of business. Have a good understanding of Chubb’s risk appetite across core lines of business and a high-level understanding across non-core lines.Skills & Experience required:
Good working knowledge of the insurance market, including competitor and broker analysis.An experienced professional whose expertise is recognised in the market.Results driven with ability to make decisions and work on your own initiative.Highly motivated and with a solutions mindset and a keen interest in the subject matter including macro and micro factors that impact the industry.Desire to continue to develop technical and broader business skills (technical lines, property, casualty).Ability to assist when needed the Industry Practices manager on strategic projectSignificant experience of underwriting traditional energy/power and/or renewable energy/alternative fuel construction (CAR/EAR) and operational property risks (PDBI). Casualty underwriting knowledge being a strong advantage.Good presentation and development skillsFluent English – native French language.