London, United Kingdom
4 days ago
Underwriter - HNW

The Opportunity:

Are you passionate about working for the one of the largest property & casualty insurer in the world with excellent employee benefits and offices in 54 countries?  Are you looking for your next challenge in the insurance industry to progress your career in Underwriting? If this sounds like you and you are passionate about client service, motivated and inquisitive, then we would love to hear from you.

We are recruiting an Underwriter to form a key part of Chubb's High Net Worth Underwriting Team in London. You will be responsible to underwrite new and existing business accounts whilst providing world class service to our broker partners.

The successful candidate will preferably have experience in multiline Household and Motor and will build and maintain strong working relationships externally and internally, managing a panel of brokers in respect of New Business, Retention, Rate, Profit & Loss & mix of business.

Your Responsibilities for this role may include, but are not limited to:

Transactional:

Responsible for underwriting new and renewal business up to your agreed authority limits and be responsible for mid-term underwriting of accounts, including appraisals Actively seek to round out existing accounts and cross-sell other classes of business. Managing underwriting queries via telephone & e-mail Be a technical underwriting referral point for Underwriters, Underwriting Assistants and Claims. Develop a strong technical understanding of large risk underwriting

Broker Management:

Accountable for the full P&L management of a designated panel of brokers Demonstrate a good level of proficiency in the use of the management information systems to be able to understand the data, analyse any trends and report on the underwriting performance Carry-out broker management for your broker panel executing any corrective actions needed where KPI's fall behind plan. Proactively manage relationships with broker partners.

Sales Disciplines:

Collaborate with the Sales Development Manager in the conversion of New Business, through pre-qualification of target prospects Work with the Senior U/W & Operations U/W Manager to ensure all target quotes are monitored and pursued to ensure conversion rates influenced positively Ensure all communications with broker partners are collaborative and sales focused to ensure both retention & new business opportunities are maximised

What skills & experience are required?

HNW insurance industry experience necessary – preferably from a Motor or Household background. Demonstarte excellent customer service skills Ability to build strong relationships internally and externally. Strong communication and negotiation skills Well organised with the ability to prioritise workload.

What can you expect in return?

Competitive Salary, Non-Contributory Pension & 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  Learning & Development Offerings, Networking, Mentoring & Development Opportunities.  1-day annual Charitable leave, Cycle to Work Scheme, Active Sports & Social Committee, 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 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.

https://www2.chubb.com/emea-careers/working-for-us/diversity-inclusion.aspx

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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