Cyber & Tech Underwriter
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Job Location:
Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
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:
Your Role
Reporting to the Team Leader Cyber & Tech Small Commercial the primary purpose of this role is to deliver underwriting profit and growth in our Cyber and Technology Practice business.
Your Responsibilities:
Achievement of Retention and/or Personal premium budget
- Achieve financial targets.
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
- Recommends account trade off decisions
- Assists manager in providing input on portfolio analysis profit analysis premium planning market and environment analysis process and systems effectiveness and efficiency etc.
- Responsible for underwriting results of assigned producers
Producer Relations
- Underwriter is responsible for profit and premium growth of assigned producers. This would include producer account control and book composition and analysis
- Visits assigned producers to discuss risks communicate Chubbs business appetites and to retain existing / produce new business
- Responsible for providing supervisor with input on premium planning variance
People Development
- May have responsibility for assisting in underwriting training and producer relations
Qualifications
- Looks for solutions to unique underwriting situations
- Understands pricing techniques
- Understands account servicing costs
- Has a working knowledge of alternative risk transfer
- Understands development of reserves by individual case and by book of business
- Has a working knowledge of the key accounts in the Branch
- Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts
- Understands the broker selection and appointment process
- 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
- Has demonstrated ability to work well with people and influence decisions
- Understands portfolio analysis / underwriting in particular the renewals process
Chubb is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed respected and valued. 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. Some additional benefits offered include 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.
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Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
