Financial Lines Underwriter NSW

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 40000 people worldwide. Additional information can be found at: www.chubb.

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.

Your Responsibilities:

Achievement of the Personal Premium Budget

Underwriting Process / Analysis

• Follows established guidelines and within the scope of delegated authority determines acceptability of new lines and renewals.
• Utilises appropriate endorsements and applies adequate pricing structure.
• Consults with manager on risks exceeding delegated authority.
• Maintains awareness of claim activity with assigned book and communicates with adjusters as needed.
• Monitors underwriting results and premium and loss trends.
• Oversees underwriting judgement and authority of less experienced members of staff.

Production

• Analyses and monitors quality volume and mix of business for assigned producers.
• Reviews performance reports enforce accounts and makes qualitycontrol recommendations.
• Visits producers and insureds alone and with senior staff in order to communicate department philosophy and increase market share.
• Increase producers awareness of appetite products and advantages through product presentations.
• Participates in joint travel with members of other underwriting departments. When appropriate participates in department presentations to prospective producers.
• Establishes and maintains travel program with less experienced staff in order to assist in development of marketing techniques
• Active participation in business development activities including drafting and distribution of market letters to key producers.

Service

• Adheres to established department service goals anticipates and responds to needs of producers identifies and reports deficiencies and suggests changes for improvements.
• Utilises statistical reports to monitor service goals observes service goals of less experienced members of staff and makes constructive suggestions for improvement.
  

• At least 3 years of insurance or underwriting experience
• Working knowledge of financial lines insurance.
• High degree of technical underwriting ability; oral and written communication negotiation and presentation skills

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.