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- Tasks: Underwrite life science business and build strong broker relationships.
- Company: Join Chubb, a leader in ethical and inclusive insurance.
- Benefits: Enjoy competitive salary, bonus scheme, private medical cover, and 25+ days leave.
- Why this job: Make an impact in the life science sector while developing your career.
- Qualifications: Experience in life sciences and underwriting is preferred.
- Other info: Collaborative environment with strong focus on diversity and inclusion.
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 analyses 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.
- 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
Contact Detail:
Chubb 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 the Life Science sector. Share insights and trends you’ve noticed – it’ll position you as a go-to person in the field.
✨Tip Number 3
Practice your pitch! You never know when you’ll get a chance to talk about your skills and experience. Prepare a short, engaging summary of your background and what you bring to the table, especially focusing on your ability to build broker relationships and manage accounts.
✨Tip Number 4
Apply through our website! We want to see your application come through directly. It shows initiative and gives us a chance to see your enthusiasm for the role. Plus, it’s a great way to ensure your application gets the attention it deserves!
We think you need these skills to ace Life Science Senior Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Life Science sector. Highlight your relevant experience in underwriting and servicing multinational clients, as well as any specific knowledge you have about the industry. We want to see how your skills align with what we’re looking for!
Showcase Your Relationships: Since building broker relationships is key, don’t forget to mention any successful partnerships you've developed in your previous roles. We love seeing examples of how you've maintained strong connections and communicated effectively with stakeholders.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to describe your achievements and experiences. We appreciate quality over quantity, so make every word count!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Chubb
✨Know Your Life Science Stuff
Make sure you brush up on your knowledge of the Life Science sector. Understand the key products and services related to Employers Liability, Public Liability, and Clinical Trials. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential expert in the field.
✨Build Broker Relationships
Since this role involves maintaining strong relationships with brokers, think about how you can demonstrate your relationship-building skills. Prepare examples from your past experiences where you've successfully developed and maintained professional relationships, especially in underwriting or similar roles.
✨Show Off Your Technical Skills
Be ready to discuss your technical knowledge and experience in underwriting. Prepare to explain your approach to risk analysis and how you've handled complex accounts in the past. This will help you stand out as a candidate who can handle the responsibilities of the role.
✨Prepare for Strategic Discussions
Since the role involves local strategic management, think about how you would contribute to business planning and budgeting. Be prepared to discuss your ideas on growth and profitability, and how you would implement a marketing plan to promote the company's proposition to brokers.
