
Marine Underwriter, Nuc
5 days ago
Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
Chubb Australia is currently experiencing a period of accelerated growth, and as we continue to excel and make our mark in the local market, we are looking for high potential individuals to join our dynamic and fast paced team.
Your Role
The primary purpose of this role is to contribute to the achievement of department, branch and corporate goals relative to profit, growth, service producer and client relations.
**Your Responsibilities**:
Achievement of the Personal premium budget
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 recommendation for acceptance or declination on risks which exceed authority.
Assists manager in providing input on underwriting results, profit analysis, market environment, competitor analysis and as required for 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 & manage producer relationships, dealing with queries and handling any issues arising
Ensure stakeholders are aware of market & producers challenges
People Development
May have responsibility for assisting in underwriting training and producer relations.
Service
Responsible for upholding an exceptional underwriting service on assigned portfolio as well as the internal service demands of the business.
Expenses
Demonstrates good judgement in deployment of survey and audit resources.
Meets agreed standards of productivity.
**Qualifications**:
Your Skills & Experience
Marine 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 the other departments and how those relate to interdepartmental accounts.
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.
Is a clear and concise communicator
Has demonstrated ability to work well with people and influence decisions.
Desirable
Has demonstrated ability to effectively train entry level underwriters and to orient new experienced hires.
Chubb is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed, respected and valued. We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. Some additional benefits offered include a flexible working approach via our “My One Thing” initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.
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