IPL Underwriter, NUCnew

About the Role

In this role, you will be responsible for meeting production and profitability targets by underwriting new business, endorsements, and renewals in line with the underwriting criteria issued by the Personal Lines Department. You will also be expected to build relationships with new producers and continue servicing existing producers where allocations are included in the individual’s annual goals.

Key Responsibilities

• Monitor profitability of portfolio and provide constructive feedback on steps to improve if required Evaluate, accept or decline new business, endorsements or renewal business based on underwriting guidelines
• Collate underwriting information and refer risks outside the scope of authorities issued or the underwriting guidelines to the Unit Manager with recommendations
• Monitor competitors’ products and recommend changes to our wording to sustain competitive advantage
• Where applicable, establish and build new relationships with potential producers (or refer to RM’s) who have prospective business that meets our underwriting guidelines
• Monitor work loads and advise team leaders if assistance is required due to exceptional circumstances, i.e. seasonal business loads or personal vacation
• Assist members of the appraisal section with any queries
• Assist members of the claims department with any queries
• Work with staff members in other departments to identify cross marketing opportunities as and when required

What you’ll bring to the role

• Demonstrated underwriting skills, 
• Negotiation and marketing skills
• Policy documentation, including terms and conditions, 
• Underwriting policy practice
• Understanding the appraisal services
• Front-End, Microsoft Word, Excel and Powerpoint
• Product range in the Personal Lines Department
• Understanding the underwriting appetite of other Departments
• Insurance industry and Chubb’s position in the market

 

Why Chubb?

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.

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.

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:www.chubb.com

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