Casualty Underwriter, Lmm
15 hours ago
**Your Role**:
To be responsible for the profitable development of the LMM Casualty lines of business and to provide technical specialist support to the business development staff to ensure achievement of profitable growth objectives.
**Your Responsibilities**:
- The profitable development of LMM Casualty lines of business within the LMM business segment
- Underwrite new business in line with Company Guidelines
- Establish sound business relationships with LMM Producers
- Assist the Growth and Development of the Company by proactively enhancing the profile of the company through existing and new distribution channels
- Establish close liaison and working relationships with LMM Property underwriters to facilitate whole account underwriting
- Complete all Administration requirements as necessary
- Manage all aspects of underwriting process including, quotation, programme referrals, binding receipt of closings and policy issuance. Recommends changes to standards or procedures where deficiencies have been found
- Assist with premium collections as required
- Assist in the review of agreed broker wordings to ensure they comply with current market conditions and Chubb underwriting disciplines
- Provide input to the Budget process as required
- Performs special projects and other related duties as assigned
- Establish close liaison and working relationships with the claims and the risk management team and refer to them when and where necessary
- Promote and develop new business opportunities in the LMM sector and specifically in our target industry sectors ,establishing relationships with key brokers who manage business in this segment
- To be able to deliver a high standard of service and broker relationship management and demonstrate a strong record of profitable new business development
- Looks for solutions to unique underwriting situations
- Understands pricing techniques
- Understands account servicing costs
- Has a working knowledge of alternative risk transfer
- Understands development of reserves by individual case and by book of business
- Has a working knowledge of the key accounts in the Branch
- Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts
- Understands the broker selection and appointment process
- Makes recommendations for tailoring coverage and manuscripting policies
- Is familiar with the products / services of key competitors
- Is comfortable with a wide range of negotiation techniques
- Has demonstrated ability to work well with people and influence decisions
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