Senior Commercial Property Underwriter in London
Senior Commercial Property Underwriter

Senior Commercial Property Underwriter in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite and develop new Property business while collaborating with brokers across the UK.
  • Company: Join the world's largest publicly traded Property & Casualty insurer with a global presence.
  • Benefits: Enjoy competitive salary, pension scheme, private medical cover, and generous annual leave.
  • Why this job: Make an impact in a dynamic environment with opportunities for growth and collaboration.
  • Qualifications: 5+ years of Property underwriting experience and strong negotiation skills required.
  • Other info: Embrace a culture of integrity, respect, and teamwork in a diverse workplace.

The predicted salary is between 43200 - 72000 £ 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 Property and Casualty Package underwriter with a passion for underwriting new business? If so, we would love to hear from you!

The role is for a Senior Property Underwriter, focussed on renewal retention and new business development in middle market. You would be responsible for new business underwriting and trading with broker partners from across the UK, including pipelining, quoting, negotiating and writing new Property business. You will be expected to have Property 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 Property 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.

Your Responsibilities will include, but are not limited to:

  • Underwriting, quoting and converting new Property business in 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.

What skills & experience are required?

  • A-Levels or higher, with a degree or ACII (or progress towards these) preferred but not essential.
  • Minimum of 5-years experience in Property underwriting.
  • 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.

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. 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.

Senior Commercial Property Underwriter in London employer: Chubb

Chubb is an exceptional employer, offering a dynamic work environment in London where collaboration and innovation thrive. With a strong commitment to employee development, comprehensive benefits including a pension scheme, private medical cover, and generous leave policies, Chubb fosters a culture of integrity and respect. Join us to be part of a diverse team that values your contributions and supports your professional growth in the exciting field of Property underwriting.
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Contact Detail:

Chubb Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Commercial Property Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work with brokers or in underwriting. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by knowing your stuff! Brush up on your property underwriting knowledge and be ready to discuss your past experiences. Show them you’re not just a fit for the role, but a perfect match for their team.

✨Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Chubb.

We think you need these skills to ace Senior Commercial Property Underwriter in London

Property Underwriting
New Business Development
Broker Engagement
Quoting and Negotiation
Risk Analysis
Loss Control Resources Deployment
Middle-Market Insurance Knowledge
Decision-Making Skills
Adaptability
Team Collaboration
Interpersonal Skills
Verbal Communication
Written Communication
Underwriting Integrity
Client Focus

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Commercial Property Underwriter role. Highlight your experience in property underwriting and any specific achievements in new business development. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for underwriting and your understanding of the middle-market segment. Let us know why you're excited about the opportunity to work with Chubb and how you align with our values.

Showcase Your Skills: In your application, be sure to showcase your skills in risk analysis and negotiation. We’re looking for someone who can effectively engage with broker partners, so share examples of how you've successfully closed deals in the past.

Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Chubb

✨Know Your Underwriting Stuff

Make sure you brush up on your property underwriting knowledge. Understand the key metrics and goals that will be important for the role, especially in the middle-market segment. Be ready to discuss your past experiences and how they align with the responsibilities outlined in the job description.

✨Show Off Your Negotiation Skills

Since this role involves a lot of trading and negotiation with brokers, prepare examples of successful negotiations you've conducted in the past. Highlight your effective trading behaviours and how you've closed new opportunities. This will demonstrate your capability to thrive in a fast-paced environment.

✨Build Relationships

Emphasise your ability to collaborate and engage with broker partners and other teams. Prepare to discuss how you've built strong relationships in previous roles and how you plan to maintain Chubb's reputation while working with producers and BDMs.

✨Be Results-Driven

Prepare to talk about your track record in new business development. Share specific examples of how you've met or exceeded targets in the past. This will show that you're not just about underwriting but also about driving results and contributing to the overall business plan.

Senior Commercial Property Underwriter in London
Chubb
Location: London
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  • Senior Commercial Property Underwriter in London

    London
    Full-Time
    43200 - 72000 £ / year (est.)
  • C

    Chubb

    10000+
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