Casualty Underwriter Major Account Division
Casualty Underwriter Major Account Division
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Job Description
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 within the Major Accounts Division. This role extends to fostering relationships with major customers and producers by demonstrating Chubbs commitment to deploy its global coverage and risk management capabilities to meet the specialized needs of major customers.
Your Responsibilities:
Achievement of the Personal premium budget
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.
- Select new risks and underwrites renewals for assigned book of business and/or for designated speciality classes or market segments within Casualty portfolio.
- Consults with product managers on risks exceeding delegated authority.
- Consult with Segment Leader on retention and prospecting activity
- Collaborate with other team members on various lines of business to major customers producers and MAD team
- Maintain a good level of understanding of pricing individual risk exposures
- Preparing delivering and negotiating quotations
Production / Relationship Management
- Manage producer and key account relationships for assigned territory through proactive communication visitation and collaboration with key internal and external stakeholders to retain and grow the business.
- Visit assigned producers to discuss risks communicate Chubbs business appetites and produce new business
- Monitor and communicate performance of assigned accounts/producers by analysing quality volume and mix of business by producer.
- Plan and execute a regular and ongoing quality underwriting travel program to promote understanding of and support for underwriting and marketing goals.Travel includes the ongoing solicitation of new business and presentations to prospective producers with members of team.
- Responsible appropriate and strategic management of resources and expenses associated with the above activities.
- Identify analyse and develop sources of desirable new business opportunities including crossdepartmental opportunities.
- Actively participate in business development activities through regular team meetings.
- Identify and shares information with MAD and broader Chubb personnel regarding competitors products and underwriting.
Service
- Take on Client Executive responsibility for up to 2 clients where applicable.
- Manage service standards by timely response to producer requests setting of expectations and timely submission of quotations.
- Adheres to established department service goals anticipates and responds to needs of producers identifies and reports deficiencies and suggests changes for improvements.
Qualifications
- Strong Casualty Underwriting experience
- Demonstrable ability to proactively identify and implement intelligent solutions to unique underwriting situations.
- Appropriate levels of subject matter expertise in relation to: pricing techniques alternative risk transfer and the development of reserves by individual case and by book of business.
- Understanding the underwriting appetites of the other lines of business and associated relationships.
- Judgement experience and confidence to make appropriate recommendations for tailoring coverage and manuscripting policies.Familiarity with the products / services of key competitors.
- Demonstrable capacity and efficacy in utilising negotiation strategies to achieve constructive business outcomes
- Demonstrated ability to work well with people and influence decisions.
- Working knowledge of Microsoft systems including Excel Word and PowerPoint.
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.
Employment Type
Full-Time
