Financial Lines Underwriting Expert for Major Accounts
6 days ago
Chubb is a world-leading insurance company with operations in 54 countries and territories, offering commercial and personal property, casualty, life, and reinsurance solutions to diverse clients. As a Senior Financial Lines Underwriter, you will be part of our dynamic team that assesses, assumes, and manages risk with insight and discipline.
About the RoleThis position involves assisting in the development and accomplishment of goals established for profit, growth, service, and producer relations within the Major Accounts Division. You will also contribute as a senior technical underwriter for Financial Lines products, fostering relationships with major customers and brokers by demonstrating Chubb's commitment to deploying its global coverage and risk management capabilities.
Key Responsibilities:- Assist in positioning and negotiations to deliver profitable transactions and achieve financial plans for all applicable product lines in the Major Accounts Division.
- Follow established underwriting guidelines for Financial Lines products and determine acceptability of new lines and renewals within delegated authority.
- Utilize endorsements and apply pricing structures effectively.
- Consult with LOB product managers on risks exceeding delegated authority.
- Provide technical leadership for underwriting/marketing in the LOB product or MAD, including risk referrals and portfolio management.
- Cultivate sources of desirable new business opportunities, identify, analyse, and develop prospects into future Chubb clients.
- Actively participate in business development activities through regular team meetings and build long-term relationships with key producers and insureds.
- Degree qualified with a strong working knowledge of Financial Lines insurances.
- High degree of technical underwriting ability, oral and written communication, negotiation, and presentation skills.
- Ability to effectively interact with brokerage, customer, and internal stakeholders at all levels.
- Develop creative solutions to unique underwriting situations through making recommendations for tailoring coverage and manuscripting policies.
- Familiar with advance pricing techniques and modelling.
- Track record of high achievement in a team-based and results-oriented culture.
We offer a dynamic and agile work environment where continuous development is encouraged throughout your career, both locally and globally. Our flexible working approach, education assistance, promotion of health and wellbeing, and discounted stock purchasing scheme make us an attractive employer.
Salary Estimate:The estimated salary range for this position is approximately $120,000 - $180,000 per annum, based on location and experience.
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