At a Glance
- Tasks: Drive growth in the Middle Market Cyber portfolio and engage with key brokers and clients.
- Company: Join Chubb, a leading insurance provider with a strong focus on innovation.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Make an impact in the fast-paced world of Cyber Insurance while advancing your career.
- Qualifications: Experience in Cyber or Financial Lines and strong communication skills required.
- Other info: Collaborative culture with opportunities for mentorship and professional growth.
The predicted salary is between 36000 - 60000 ÂŁ per year.
We are seeking a Development Underwriter to be a key part of Chubb's Cyber Underwriting Team in London. You will have responsibility for growth of the Middle Market Portfolio with key strategic Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts. This position will suit someone with experience of Middle Market & SME clients in Cyber in the London and South Region markets and will have a core focus on growing Chubb's external profile in the market. This role will require engagement with Chubb's Commercial Insurance division of underwriters across P&C lines.
Key Responsibilities:
- Working closely with the London Middle-Market Cyber Manager, to drive development opportunities, including devising strategies to achieve depth and breadth penetration of the market in Cyber Insurance.
- Financial Goals: To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
- Portfolio Integrity: To assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular management meetings and peer reviews.
- Product Development: To prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines in Europe as well as globally.
- Producer Management: To represent and promote Chubb corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising crossâselling opportunities.
- Procedures: To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
- Operational Management: To manage junior colleagues by using peer review process as well as providing mentoring, training and coaching where appropriate. In so doing, ensuring a high quality underwriting team. To allocate resources to meet business objectives.
- Chubb Representative: To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients as well as major clients. Including the organisation of presentations with different stakeholders.
- Building and maintaining a strong external reputation. Behaving in a manner consistent with Chubb's core values and culture both internally and externally.
Qualifications Skills & Experience:
- Experience of Cyber, Financial Lines or Professional Indemnity lines of business as well as experience dealing directly with clients on complex matters.
- Knowledge of the insurance market and is proactive in identifying opportunities and taking initiatives to support our business goals.
- Excellent communication skills with ability to successfully influence and negotiate, both written and verbally.
- Able to build and maintain strong business relationships with brokers and customers and demonstrate general analytical and financial analysis skills.
- Able to balance workload and prioritise effectively to maximise key opportunities accordingly.
- Proficient in sales and marketing as well being a proâactive selfâstarter who is confident to make decisions, both independently and in collaboration with colleagues and / or managers and to refer to colleagues when required.
- Selfâmotivated team player, with a 'canâdo' attitude, who coâordinates across departments and lines of business including Claims.
Middle Market Cyber Underwriter in London employer: Chubblifefund
Contact Detail:
Chubblifefund Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Middle Market Cyber Underwriter in London
â¨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the cyber insurance space. Attend events, join online forums, and donât be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
â¨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your experience with Middle Market and SME clients. Share specific examples of how you've successfully managed portfolios or developed products in the past.
â¨Tip Number 3
Prepare for interviews by researching Chubb and its competitors. Understand their market position and recent developments in cyber insurance. This will not only help you answer questions but also show that you're genuinely interested in the role and the company.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, it shows that youâre proactive and serious about joining the team at Chubb. Letâs get you that dream job!
We think you need these skills to ace Middle Market Cyber Underwriter in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Middle Market Cyber Underwriter role. Highlight your experience with Cyber, Financial Lines, or Professional Indemnity, and showcase any relevant achievements that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Chubb's Cyber Underwriting Team. Mention specific experiences that demonstrate your ability to engage with brokers and clients effectively.
Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects your ability to influence and negotiate. Use clear and concise language, and donât shy away from showcasing your analytical skills.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. Itâs the best way for us to receive your application and ensures youâre considered for this exciting opportunity in our Cyber Underwriting Team!
How to prepare for a job interview at Chubblifefund
â¨Know Your Cyber Stuff
Make sure you brush up on your knowledge of Cyber Insurance, especially in relation to Middle Market and SME clients. Be ready to discuss specific cases or trends you've encountered in the industry, as this will show your expertise and passion for the field.
â¨Showcase Your Relationship Skills
Since this role involves building strong relationships with brokers and clients, prepare examples of how you've successfully managed these relationships in the past. Think about times when you influenced a decision or negotiated a deal that benefited both parties.
â¨Demonstrate Strategic Thinking
Chubb is looking for someone who can devise strategies for market penetration. Come prepared with ideas on how you would approach growing their Middle Market Portfolio. This could include potential partnerships or innovative product developments.
â¨Be Ready to Discuss Team Management
If you have experience managing junior colleagues, be ready to share your approach to mentoring and training. Highlight any successful outcomes from your leadership style, as this will show your capability to contribute to a high-quality underwriting team.