City of London, England, United Kingdom["Full time"]
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Underwriter
• Construction, CAR
The Opportunity
We are currently recruiting a Construction Underwriter to achieve underwriting
income and profit goals in the specialist area of Contractors All Risks business
in accordance with the set business plan and underwriting guidelines and
appetite. To ensure underwriting integrity through appropriate deployment of
capacity, whilst being compliant with guidelines and controls, consistency of
approach towards risk selection, pricing, and use of capacity whilst recognising
market conditions within delegated underwriting authority.
The successful candidate will have experience construction underwriting and will
have responsibility for growth of the Portfolio with key Brokers and Clients,
whilst maintaining and developing a portfolio of existing accounts.
Key Responsibilities
• Financial Goals. To underwrite new business or renewals according to defined
underwriting guidelines, specified budget and local business plan.
• Portfolio Integrity. To assist in formulating underwriting strategy,
forecasts and portfolio management in order to achieve underwriting
profitability. To ensure quality control within defined area of
responsibility by participating in quantitative underwriting reviews, running
attending and participating in regular management meetings and peer reviews.
• Product Development. To prioritise and develop products within area of
specialist expertise in order to improve client retention and new business.
This may involve collaborating with peers within other products in the UK and
I and across business lines in Europe as well as globally.
• Producer Management. To represent and promote Chubb corporately to brokers,
internal and external clients domestically and overseas. This may involve
servicing key producers and clients, monitoring business acquisition and
retention as well as maximising cross-selling opportunities.
• Procedures. To meet company standards in respect of policy documentation,
timeframe for quoting new and renewal business and compliance issues.
• Chubb Representative. To represent and promote Chubb and maintain a permanent
contact with internal colleagues as well as major domestic and overseas
clients, customers and brokers.
QUALIFICATIONS
Skills & Experience Required
• Good experience and understanding of the CAR/Construction market.
• Good to extensive knowledge of CAR / Construction business including risk
selection / understanding, risk exposures, pricing and coverage.
• Solid experience of dealing with brokers of all tiers and clients.
• Results driven with ability to make own decisions and work on own
initiative.
• Continues to develop technical and broader business skills.
• ACII preferred, but not essential.
Our core values
Our core values—Integrity, Client Focus, Respect, Excellence, and Teamwork—guide
how we live and work. We are committed to being an ethical and honest company,
fostering mutual trust and respect among our employees, clients, and partners.
We strive to create a collaborative and supportive environment where everyone
can perform at their best.
Chubb is an equal opportunity employer and is required to comply with equal
employment opportunity legislation in each jurisdiction it operates. We ensure
our recruitment process is inclusive and accessible. If you require reasonable
adjustments, please let us know in your application or during discussions with
our recruiters.