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 assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business within the Major Accounts Division, while also contributing as a senior technical underwriter with respect to Financial Lines products. This role extends to fostering relationships with major customers and brokers by demonstrating Chubb’s commitment to deploy its global coverage and risk management capabilities to meet the specialised needs of major customers.
Your Responsibilities
Underwriting Process / Analysis
- Assist in the positioning and negotiations associated with delivering profitable transactions to achieve financial plans for all applicable product lines in the Major Accounts Division.
- Follow established underwriting guidelines for Financial Lines products and within the scope of delegated authority, determine acceptability of new lines and renewals.
- Utilise appropriate endorsements and apply adequate pricing structure.
- Consult with LOB product managers on risks exceeding delegated authority.
- Provide technical leadership for underwriting/marketing in the LOB product or MAD including risk referrals and portfolio management; serve as a resource regarding unique coverage needs.
- Consult with State Distribution Manager on retention and prospecting activity.
- Provide expertise in specialty line of business to major customers, brokers and MAD team.
- Maintain awareness of claim activity with assigned book and communicate with adjusters as needed.
- Monitor underwriting results and premium and loss trends.
Production / Relationship Management
- Identify, analyse and develop sources of desirable new business opportunities including cross-departmental opportunities.
- Cultivate “zero relationship” prospects and “one-line” accounts into future Chubb clients.
- Prepare, deliver and negotiate quotations.
- Actively participate in business development activities through regular team meetings.
- Build and maintain long term relationships with key producers and insureds; deal with producer principals on complex underwriting issues.
- Review performance reports, enforce accounts, and make quality-control recommendations.
- Increase producers and insureds awareness of appetite, products and advantages through product presentations.
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