Plant & Equipment Underwriter
Plant & Equipment Underwriter
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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 the worlds largest publicly traded property and casualty insurance company. 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: .
Your Role
The primary purpose of this role is to contribute to the achievement of department branch and corporate goals relative to profit growth service producer and client relations.
Your Responsibilities
Achievement of the Personal premium budget
- Achieve financial targets in relation to Rate and Retention of allocated portfolio
Underwriting
- Underwriting authority in all lines.
- Within scope of delegated authority:
* Evaluates and accepts or declines new lines renewals and endorsements.
* Evaluates and makes recommendation for acceptance or declination on risks which exceed authority.
- Assists manager in providing input on underwriting results profit analysis market environment competitor analysis and as required for ad hoc reports and projects.
- Responsible for underwriting results of assigned portfolio.
- Maintain awareness of claim activity with assigned book and communicate with stakeholders as needed
- Contribute towards the continual development and improvement of the renewal process
Producer Relations
- Actively develop & manage producer relationships dealing with queries and handling any issues arising
- Ensure stakeholders are aware of market & producers challenges
People Development
- May have responsibility for assisting in underwriting training and producer relations.
Service
- Responsible for upholding an exceptional underwriting service on assigned portfolio as well as the internal service demands of the business.
Expenses
- Demonstrates good judgement in deployment of survey and audit resources.
- Meets agreed standards of productivity.
Qualifications
Your Skills & Experience
- Plant & Equipment and/or Underwriting experience
- Looks for solutions to unique underwriting situations.
- Consistently displays initiative and seeks opportunities to innovate
- Understands pricing techniques and underwriting margin
- Understands and interprets policy wordings
- Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts.
- Makes recommendations for tailoring coverage and manuscripting policies.
- Is familiar with the products / services of key competitors.
- Is comfortable with a wide range of negotiation techniques.
- Is a clear and concise communicator
- Has demonstrated ability to work well with people and influence decisions.
- Desire and ability to cross train in other Property & Casualty lines of business
Desirable:
- University bachelors degree or equivalent
Applications Open: 11th June 2025
Applications Close: 11th July 2025
Permanent Full time
Salary between: $85000 - $90000 plus super
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
