Job Description

We are currently recruiting a Senior Underwriter to achieve underwriting income targets and profit goals in the specialist area of Engineering and Construction Insurance in accordance with the Chubb 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.

To implement and achieve underwriting income targets and profit goals in the specialist area of Erection/Construction all Risks and Operational Engineering 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.

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.
• 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.
• Operational Management To support junior colleagues by using the peer review process as well as providing mentoring, training and coaching where appropriate. In so doing, ensuring a high-quality underwriting team.
• Chubb Representative To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients as well as major domestic and overseas clients.
  

• Excellent market experience and knowledge of UK Regional and, in some cases, International Erection/Construction all Risks and Operational Engineering insurances and exposures in the given classes currently written by Chubb Technical Lines including, but not limited to, Power – Traditional, Alternative and some Renewable and Heavy and Light Mechanical and Electrical Industries.
• Extensive experience, competence and understanding of this specialist product line, the insurance market and our competitors.
• Solid experience of dealing with brokers of all tiers and clients.
• Results driven with ability to make own decisions and work on own initiative.
• Experienced in Engineering and Construction practices and methods and client experience and knowledge, policy exposures and suitable policy requirements.
• Experienced in leadership

What we offer in Return!
Pension and annual bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, Employee Assistance program

Integrity. Client focus. Respect. Excellence. Teamwork.

Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.
Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.

Chubb is a world leader in insurance. With operations in 54 countries, 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.