At Chubbwe invest in our most important resource; Our People. We like to challenge ourselves to be the best in our business.
We are the worlds largestpublicly traded property and casualty insurer with operations in 54 countries. Were distinguished by our extensive product and service offerings broad distribution capabilities exceptional financial strength underwriting excellence superior claims handling expertise and local operations globally.
The Chubb name carries our promise of superior service underwriting and execution. Our unique combination of people products and places positions us to meet the needs of clients no matter where they are in the world.
We have an exciting opportunity and are looking for someone who can match our passion and commitment to our customers and partners.
We have:
A culture of highly driven and collaborative team members
A fast paced ever-changing can do environment
A wide variety of learning experiences like development programs coaching mentoring and eLearning tools
A perfect place to work with people who have the desire to innovate
Community involvement initiatives
The job:
You will conduct day to day underwriting and related administrative tasks as part of the Small Commercial & Middle Market Division (SMD) in Singapore.
You will be focusing on Property products across all of Chubbs distribution channels.
This is a critical role as you learn to apply your underwriting knowledge and skills to contribute to the overall growth and profitability of the Property team and P&C departments overall business goals.
The Small Commercial & Middle Market Division:
We have the mission to be the best of Chubb across multi-line underwriting strategies with dedicated whole-account client executives market-leading account servicing and bespoke claims multi-national and risk engineering services for middle market and domestic accounts.
As an Assistant Underwriter a typical day would include:
Responsible for underwriting of insurance products and progressing the portfolio of the Property business including Fire and Terrorism. Working with members of the team where higher authority levels are required.
Maintain profitable renewal accounts as well as assist in the achievement of financial plans and business strategies to ensure profitable growth for the Small Commercial & Middle Market Property business
Maintain close rapport and relationship with brokers maintains liaison with producers to obtain necessary underwriting information promote satisfactory service relationship and to encourage the submission of targeted business
Develop a multiline view of some of our key clients relationships and broaden your knowledge from the Property product to all solutions that Chubb can offer to maximize the value we bring for our clients
Secure additional information where necessary and analyses all pertinent data to determine acceptability of risks according to established underwriting standards
Review endorsements on existing policies to identify any change in original coverage or amounts. Evaluates accepts rejects or modifies risks within established underwriting guidelines. Assist in preparing submissions for higher review
Ensure that systems are updated with the correct data (data accuracy) maintain rates adequacy rates validation and uphold our Underwriting philosophy
Coordinate with the support team to ensure valid and timely response on quotations and production of policies endorsements certificates renewal notices and other administrative requirements
Assist in performing peer review and audits
Perform ad hoc projects and other related duties as assigned
Diploma Bachelors Degree Business Degree relevant Insurance qualifications or equivalent
Demonstrated underwriting ability and technical competence as evidenced by a minimum of 1-2 years underwriting experience or equivalent industry experience
Analytical skills and ability to evaluate and judge underwriting risks
Effective communication & interpersonal skills to work effectively with clients brokers agents & Chubb personnel
To be self-motivating with a drive for self-improvement and progression
Required Experience:
Junior 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.