Casualty Underwriter, NUC

2 weeks ago


Docklands, Victoria, Australia CHUBB Full time

At Chubb, we're committed to fostering a culture of inclusivity, flexibility, and equity in the workplace. We welcome applications from diverse candidates and strive to provide equal access to our employment opportunities. If you require any accommodations during the recruitment process, please let us know so we can support you in presenting your best self.

As a world leader in insurance, Chubb operates in 54 countries and territories, offering a range of commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse client base. Our underwriting team assesses, assumes, and manages risk with insight and discipline, ensuring fair and prompt claims service. We're defined by our extensive product offerings, broad distribution capabilities, exceptional financial strength, and local operations globally.

Your Role

The primary objective of this role is to contribute to the achievement of department, branch, and corporate goals related to profit, growth, service producer, and client relations.

Your Responsibilities:

• Achieve financial targets in relation to Rate and Retention of allocated portfolio, including new business and renewals.

• Underwriting:

  • Underwriting authority in all lines.
  • Within scope of delegated authority:
  • Evaluates and accepts or declines new lines, renewals, and endorsements.
  • Evaluates and makes recommendations for acceptance or declination on risks exceeding authority.
  • Assists manager in providing input on underwriting results, profit analysis, market environment, competitor analysis, and ad hoc reports and projects.
  • Responsible for underwriting results of assigned portfolio.
  • Maintain awareness of claim activity with assigned book and communicate with stakeholders as needed.
  • Contribute towards the continual development and improvement of the renewal process.

• Producer Relations:

  • Actively develop and manage producer relationships, dealing with queries and handling any issues arising. Ensure stakeholders are aware of market and producer challenges.

• People Development:

  • May have responsibility for assisting in underwriting training and producer relations.
  • Casualty Underwriting experience preferred but not essential.
  • Looks for solutions to unique underwriting situations.
  • Consistently displays initiative and seeks opportunities to innovate.
  • Understands pricing techniques and underwriting margin.
  • Understands and interprets policy wordings.
  • Understands the underwriting appetites of other departments and how those relate to interdepartmental accounts.
  • Makes recommendations for tailoring coverage and manuscripting policies.
  • Familiar with the products/services of key competitors.
  • Comfortable with a wide range of negotiation techniques.
  • Clear and concise communicator.
  • Demonstrated ability to work well with people and influence decisions.

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, dress for your day every Friday, promotion of health and wellbeing, and discounted stock purchasing scheme make us an attractive employer.



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