Financial Lines Underwriter, Mad

5 days ago


Docklands, Australia Combined Insurance Full time

**Your Role**

The primary purpose of this role is to assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business within the Major Accounts Division, while also contributing as a senior technical underwriter with respect to Financial Lines products. This role extends to fostering relationships with major customers and brokers by demonstrating Chubb’s commitment to deploy its global coverage and risk management capabilities to meet the specialized needs of major customers.

**Your Responsibilities**:
**Achievement of the Personal Premium Budget**

**Underwriting Process / Analysis**
- Assist in the positioning and negotiations associated with delivering profitable transactions to achieve financial plans for all applicable product lines in the Major Accounts Division
- Follows established underwriting guidelines for Financial Lines products and within the scope of delegated authority, determines acceptability of new lines and renewals
- Utilises appropriate endorsements and applies adequate pricing structure
- Consults with LOB product managers on risks exceeding delegated authority
- Select new risks and underwrites renewals for assigned book of business and/or for designated speciality classes or market segments within the Financial Lines portfolio
- Consult with Segment Leader on retention and prospecting activity
- Maintain a good level of understanding of pricing individual risk exposures
- Preparing, delivering and negotiating quotation

**Production / Relationship Management**
- Identify, analyse and develop sources of desirable new business opportunities including cross-departmental opportunities
- Cultivate “zero relationship” prospects and “one-line” accounts into future Chubb clients
- Actively participate in business development activities through regular team meetings
- Build and maintain long term relationships with key producers and insureds; deals with producer principals on complex underwriting issues
- Visits producers and insureds alone and with senior staff in order to communicate Chubb philosophy and increase market share
- Increase producers and insureds awareness of appetite, products and advantages through product presentations



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