Life Science Senior Underwriter in London

Life Science Senior Underwriter in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
Go Premium
C

At a Glance

  • Tasks: Underwrite life science business and build strong broker relationships.
  • Company: Join Chubb, a leader in the insurance industry with a focus on ethics and teamwork.
  • Benefits: Enjoy competitive salary, bonus scheme, private medical cover, and generous leave options.
  • Why this job: Make an impact in the life science sector while developing your career in a supportive environment.
  • Qualifications: Experience in life science underwriting and strong negotiation skills are essential.
  • Other info: Diversity and inclusion are at our core; we value every individual.

The predicted salary is between 36000 - 60000 £ per year.

This position involves the underwriting of new and existing business in the Life Science sector. This can be any combination of mono-line or packaged Employers Liability, Public Liability, Products & Services Liability, Property, Clinical Trials and Errors and Omissions and Cyber.

The successful candidate will develop and execute a business plan focusing on strong broker relationships, sector knowledge, and market profile. They will have involvement in local strategic management, sound business acumen, and sound technical knowledge.

Key Responsibilities:
  • Development, growth, profitability and service of existing client and acquisition of new business.
  • Responsible for service on a small number of key branch retained accounts, and deliver a personal new business target for UKI.
  • Build and maintain relationships with a panel of designated brokers, ensuring our product and proposition is communicated, and working with BDMs to ensure proactive pipelining of new business and cross-sell opportunities utilizing Salesforce.
  • Technical specialist for Life Science with external profile as a subject matter expert, representing Chubb externally with brokers and within the sector.
  • Assist with the budgeting process including setting plan, and providing accurate predictions and reforecasts to help with business planning.
  • Obtains and analyzes account-specific information and ensures accuracy and compliance with underwriting strategy and authority.
  • Contribute towards implementation of our marketing plan, helping to communicate and promote our proposition to our broker partners and the industry.
  • Contribute towards the growth, profitability, innovation, and service proposition of the Life Science Practice across UKI.
  • Coach and support Junior NUC/UKI Branch team members including taking referrals.
Qualifications:
  • Experience of the Life Science Sector is strongly preferred.
  • Experience of underwriting and servicing multinational clients, and has knowledge of programme structure and compliance requirements.
  • Ability to underwrite multiline accounts.
  • Under minimal direction, works within delegated underwriting authority.
  • Strong expertise in risk analysis, interpretation and analysis of claims, and appropriate deployment of loss control resources.
  • Proven ability to successfully negotiate on all levels and develop broker relationships.
  • Aptitude to attract and retain profitable business.
  • Strong interpersonal, written communication skills and focus on quality.

Pension and annual bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, Employee Assistance program.

Integrity. Client focus. Respect. Excellence. Teamwork. Our core values dictate how we live and work. We're an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.

Life Science Senior Underwriter in London employer: Chubb Insurance Hong Kong

Chubb is an exceptional employer for the Life Science Senior Underwriter role, offering a dynamic work environment that prioritises integrity, client focus, and teamwork. With a strong commitment to employee growth through comprehensive learning and development offerings, as well as a supportive culture that values diversity and inclusion, Chubb ensures that its employees thrive both personally and professionally. Located in the UK, this role provides unique opportunities to engage with key brokers and contribute to the innovative growth of the Life Science sector, all while enjoying competitive benefits such as a pension scheme, private medical cover, and generous annual leave.
C

Contact Detail:

Chubb Insurance Hong Kong Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Life Science Senior Underwriter in London

✨Tip Number 1

Network like a pro! Get out there and connect with people in the Life Science sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential brokers or colleagues on LinkedIn. Building those relationships can really set you apart.

✨Tip Number 2

Show off your expertise! When you’re chatting with brokers or at networking events, make sure to highlight your knowledge of underwriting and risk analysis. Share insights and trends in the Life Science sector to position yourself as a go-to expert.

✨Tip Number 3

Be proactive! Don’t wait for opportunities to come to you. Reach out to brokers and clients with tailored proposals that showcase how you can meet their specific needs. Use Salesforce to track your interactions and follow up regularly to keep those conversations alive.

✨Tip Number 4

Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills and experience. Plus, it shows us you’re serious about joining our team. So, don’t hesitate – get your application in today!

We think you need these skills to ace Life Science Senior Underwriter in London

Underwriting
Life Science Sector Knowledge
Broker Relationship Management
Risk Analysis
Claims Interpretation
Multiline Account Underwriting
Negotiation Skills
Business Acumen
Salesforce Proficiency
Market Profile Development
Communication Skills
Coaching and Mentoring
Budgeting and Forecasting
Client Focus
Integrity

Some tips for your application 🫡

Know Your Stuff: Make sure you understand the Life Science sector inside out. We want to see your expertise shine through in your application, so highlight any relevant experience and knowledge you have about underwriting in this field.

Tailor Your Application: Don’t just send a generic CV and cover letter. We’re looking for candidates who can demonstrate how their skills and experiences align with our needs. Take the time to customise your application to show us why you’re the perfect fit for this role.

Show Off Your Communication Skills: Since strong written communication is key for this position, make sure your application is clear, concise, and free of errors. We want to see that you can articulate your thoughts effectively, so take the time to proofread before hitting send!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re genuinely interested in joining our team at StudySmarter!

How to prepare for a job interview at Chubb Insurance Hong Kong

✨Know Your Life Science Stuff

Make sure you brush up on the latest trends and challenges in the Life Science sector. Being able to discuss specific examples of underwriting in this field will show that you’re not just familiar with the basics, but that you’re genuinely engaged and knowledgeable.

✨Build Broker Relationships

Since this role involves maintaining strong relationships with brokers, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully developed partnerships in the past, and be ready to discuss your approach to communication and collaboration.

✨Show Off Your Technical Skills

As a Senior Underwriter, you'll need to showcase your technical expertise. Be prepared to discuss your experience with multiline accounts and risk analysis. Bring along any relevant data or case studies that highlight your ability to make sound underwriting decisions.

✨Align with Company Values

Chubb values integrity, client focus, and teamwork. During the interview, reflect these values in your answers. Share experiences that demonstrate your commitment to ethical practices and how you’ve worked collaboratively in previous roles to achieve common goals.

Life Science Senior Underwriter in London
Chubb Insurance Hong Kong
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

C
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>