At a Glance
- Tasks: Underwrite and develop new business in the middle-market segment with broker partners.
- Company: Join Chubb, the world's largest publicly traded Property & Casualty insurer.
- Benefits: Enjoy a competitive salary, annual bonus, private medical cover, and 25 days leave.
- Why this job: Make an impact in a dynamic environment while building strong relationships with brokers.
- Qualifications: Experience in multiline underwriting and a passion for new business development.
- Other info: Embrace a collaborative culture that values integrity, respect, and diversity.
The predicted salary is between 36000 - 60000 £ per year.
Are you interested in working for the world’s largest publicly traded Property & Casualty insurer with excellent employee benefits and offices in 54 countries? Are you an ambitious Commercial Package underwriter with a passion for underwriting new business? If so, we would love to hear from you!
The role is for a Commercial Package Senior Underwriter, focussed on new business development in the middle-market segment. You would be responsible for new business underwriting and trading with broker partners from across the UK, including pipelining, quoting, negotiating and writing new package business. You will be expected to have property and casualty technical experience, knowledge and aptitude to establish underwriting authority and exercise this within Chubb’s technical guidelines and best practices. You will also be expected to have passion, skill and a track record for new business development in the middle-market segment. You will be measured against key new business metrics and goals. Positive engagement and collaboration with our broker partners, underwriting management, sales and distribution and cross-line colleagues would be key to success in this role. The role is based in London.
Key Responsibilities:
- Underwriting, quoting and converting new package business in the middle-market segment, in-line with targets and the overall business plan.
- Regular engagement with our producers and BDMs to develop and execute on a pipeline of opportunities.
- Effective trading behaviours, negotiation and engagement to successfully close new opportunities.
- Consistently providing a high level of underwriting service and speed of response to our brokers.
- Collaborating with sales and distribution, other lines of business, risk engineering, operations and underwriting management to effectively deliver the Chubb proposition.
- Maintaining underwriting integrity by adhering to Chubb's best practices monitored by regular peer reviews.
- Keeping accurate underwriting records and data.
- Representing and promoting Chubb to brokers and building strong relationships with key producers.
- Conducting business ethically within Chubb's code of conduct, compliance guidelines, underwriting guidelines and service standards.
- An advocate for the brand, building and maintaining an excellent external reputation, consistent with Chubb's values, ethics, culture, and standards.
Qualifications:
- Experience in package/multiline underwriting environment.
- Underwriting background and be capable of holding high levels of underwriting authority in at least one core line of business.
- Strong expertise in risk analysis, interpretation and analysis of claims, and appropriate deployment of loss control resources.
- A track record and reputation as a dynamic new business development underwriter.
- Knowledge and experience in the middle-market insurance segment.
- Results driven with ability to make own decisions and work on own initiative.
- Ability to adjust to shifting priorities and thrive in a fast paced, dynamic environment.
- Ability to work collaboratively in a team environment.
- Excellent interpersonal skills, verbal and written communication.
- Commitment to a high level of underwriting service and speed of response.
- A-Levels or higher, with a degree or ACII (or progress towards these) preferred but not essential.
What we offer in return:
- 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.
Senior Commercial Multiline Underwriter in London employer: Chubb
Contact Detail:
Chubb Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Commercial Multiline Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Chubb or similar companies. A friendly chat can lead to valuable insights and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge and the latest trends in the middle-market segment. We want you to showcase your passion and expertise, so practice articulating your experience and how it aligns with Chubb's values.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview or networking event, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities tailored to your skills and interests right there.
We think you need these skills to ace Senior Commercial Multiline Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Senior Commercial Multiline Underwriter role. Highlight your underwriting expertise, especially in the middle-market segment, and any successful new business development you've been involved in.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for underwriting and how you can contribute to Chubb's success. Mention specific examples of your achievements in underwriting and relationship building with brokers.
Showcase Your Collaboration Skills: Since this role involves working closely with various teams, make sure to highlight your ability to collaborate effectively. Share examples of how you've successfully worked with sales, risk engineering, or other departments to achieve common goals.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s a straightforward process, and we’re excited to see your application come through!
How to prepare for a job interview at Chubb
✨Know Your Underwriting Stuff
Make sure you brush up on your property and casualty technical knowledge. Be ready to discuss your experience in package/multiline underwriting and how it relates to the middle-market segment. This will show that you’re not just familiar with the basics, but you can also hold your own when it comes to underwriting authority.
✨Show Off Your Business Development Skills
Prepare examples of your past successes in new business development. Think about specific instances where you pipelined, quoted, or negotiated effectively. This is your chance to demonstrate your track record and passion for driving new business, which is key for this role.
✨Engage with Brokers
Since building relationships with broker partners is crucial, think about how you can showcase your interpersonal skills. Prepare to discuss how you've successfully collaborated with brokers in the past and how you plan to maintain those strong relationships at Chubb.
✨Emphasise Your Teamwork and Adaptability
This role requires collaboration across various teams, so be ready to talk about your experiences working in a team environment. Highlight your ability to adapt to shifting priorities and thrive in a fast-paced setting, as this will resonate well with their dynamic work culture.