Underwriter - Power & Energy

2 days ago

Sydney, New South Wales, Australia Chubb External Full time $80,000 - $120,000 per year

Chubb is a world leader in insurance. 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at:

Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.

Your Role:
As an Underwriter specializing in Power & Energy (P&E), you will be integral to our underwriting team, focusing on the development and underwriting of our portfolio. Your efforts will drive premium growth and profitability while adhering to established guidelines. In this role, you will provide technical support, collaborate with fellow underwriters, and engage with the market to help shape our strategy in the P&E sector.

Your Responsibilities:

  • Support the development of the P&E portfolio business plan, ensuring alignment with organizational goals.
  • Analyze the performance of the P&E portfolio across all segments to uncover growth opportunities and identify risks that need remediation.
  • Prepare and support the reporting functions for the P&E portfolio, including monthly management reports and financial forecasts for country, regional, and COG management.
  • Underwrite the P&E portfolio on an ANZ level, achieving planned underwriting results for both new and existing business.
  • Maintain critical data and documentation within required systems, including Generation Next, CAT Management, Chubb P&E pricing models, Workview Policy Management, and sanctions approvals.
  • Build and maintain productive relationships with producers, reinsurers, and reinsurance brokers to promote Chubb's coverages, products, and services.
  • Provide professional underwriting expertise and exceptional service to intermediaries.
  • Collaborate with brokers to create opportunities for targeted business and leverage existing relationships.
  • Facilitate communication across all lines of business to capitalize on whole-of-account opportunities.
  • Perform other support duties as directed and participate in related P&E Portfolio projects as requested.
     

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