Chubb is a world leader in insurance. With operations in 54 countries 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. The company is distinguished by its extensive product and service offerings broad distribution capabilities exceptional financial strength underwriting excellence superior claims handling expertise and local operations globally.
Key Objective:
ThePropertyUnderwriter will manage a property renewal book while also producing new business. The position will primarily be focused on underwriting mono-line property opportunities. However the underwriter will be charged with cross selling and uncovering other lines of business for others within Commercial Insurance.
The Property Underwriter must develop book growth maintain superior relationships and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.
The PropertyUnderwriter will have accountability for the financial performance of the property book of business achieving growth for the assigned branch region and territory. They will identify opportunities for growth within new and existing production sources identify cross sell opportunities conduct broker planning/goal setting including monitoring of progress and make regular broker and insured visits.
Major Responsibilities:
Underwrite and assess property insurance risks for middle market accounts.
Analyze submissions evaluate risk exposures and determine appropriate coverage and pricing.
Collaborate with brokers to develop customized insurance solutions that meet client needs.
Maintain strong relationships with brokers and clients providing exceptional service and support.
Stay current on market trends regulatory changes and emerging risks to inform underwriting decisions.
Mentor and support junior underwriters sharing knowledge and best practices.
Contribute to the development of underwriting guidelines and strategies to enhance profitability and growth.
Bachelors Degree and/or equivalent work experience
Experience in quota share placements within commercial insurance is required.
Strong technical underwriting skills with experience writing on various company and broker manuscript wordings.
3 years of experience in property underwriting preferably in the wholesale or middle market sector.
Strong knowledge of property insurance products coverage options and underwriting principles.
Excellent analytical skills with the ability to assess complex risks and make sound decisions.
Exceptional communication and interpersonal skills with a proven ability to build relationships.
Ability to work independently and as part of a team in a fast-paced environment.
At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire please inform Human Resources. If a selected applicant requests accommodation during the recruitment process Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicants accessibility needs.
Required Experience:
Senior IC
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.