At a Glance
- Tasks: Underwrite and develop new business in the property and casualty insurance sector.
- 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 holiday.
- Other info: Inclusive workplace with excellent career growth and learning opportunities.
- Why this job: Make an impact in a dynamic environment while building strong relationships with brokers.
- Qualifications: Experience in property and casualty underwriting and a passion for new business development.
The predicted salary is between 50000 - 65000 £ 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 Property & Casualty Package Underwriter, focused on new business development in the upper SME/lower 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 P&C 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 upper SME/lower 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 P&C package business in the lower 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 property and casualty underwriting environment.
- A track record and reputation as a dynamic new business development underwriter.
- Knowledge and experience in the upper SME / lower 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.
Core Values
- Integrity.
- Client focus.
- Respect.
- Excellence.
- Teamwork.
- Diversity & Inclusion.
We are committed to treating colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
Disability Support
We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long‑term condition 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.
Legal Employer Chubb European Group SE UK Branch
Commercial Multiline Underwriter employer: Chubblifefund
Contact Detail:
Chubblifefund Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Multiline Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and engage with professionals on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as a candidate who truly fits in.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role of a Commercial Multiline Underwriter. Highlight your achievements in new business development to impress potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Commercial Multiline Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of a Commercial Multiline Underwriter. Highlight your experience in property and casualty underwriting, especially in the upper SME/lower middle-market segment. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for new business development and your understanding of underwriting practices. Let us know why you're excited about joining Chubb and how you can contribute to our team.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to meet targets and develop new business. Numbers speak volumes, so if you've hit key metrics or successfully closed deals, make sure we see that!
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’re considered for this exciting opportunity at Chubb!
How to prepare for a job interview at Chubblifefund
✨Know Your Underwriting Stuff
Make sure you brush up on your property and casualty underwriting knowledge. Familiarise yourself with the latest trends in the upper SME/lower middle-market segment, as well as Chubb's technical guidelines. This will help you demonstrate your expertise and confidence during the interview.
✨Show Off Your Business Development Skills
Prepare to discuss your track record in new business development. Have specific examples ready that showcase your ability to pipeline, quote, negotiate, and close deals. Highlight any successful collaborations with brokers or producers to illustrate your effective trading behaviours.
✨Engage with Chubb’s Values
Familiarise yourself with Chubb's core values: Integrity, Client focus, Respect, Excellence, Teamwork, and Diversity & Inclusion. Be ready to discuss how these values resonate with you and how you've embodied them in your previous roles. This shows you're not just a fit for the role, but also for the company culture.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company. Inquire about the team dynamics, the challenges faced in the current market, or how success is measured in this position. This not only shows your interest but also helps you gauge if the company aligns with your career goals.