Property Underwriter, QLD

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 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

About the Role

This role offers the opportunity to play a key part in driving profitable growth, strengthening broker and client relationships, and contributing to the achievement of department, branch and corporate goals across profit, growth and service.

In this role, you will:

Book Management

• Achieve new business, rate and retention targets for an assigned book of business to support Unit/SBU/Branch revenue and profit goals
• Design and implement effective portfolio analysis, profit and retention strategie
• Collaborate with NUC and other internal stakeholders on book management strategy, maintaining a consistent voice with brokers and providing feedback and solutions where required
• Monitor and report on the status of open claims for assigned accounts, making recommendations as appropriate
• Prepare thoroughly for account reviews with management, demonstrating strong knowledge of risk, industry, the competitive environment and Chubb’s products and capabilities
   

Underwriting Quality & Compliance

• Adhere to appropriate underwriting, compliance and file documentation standards and workflows to support Branch/SBU revenue and profit goals
• Within delegated authority, evaluate and accept or decline new lines, renewals and endorsements
• Assess risks outside authority and make recommendations for acceptance or declination
• Recommend account trade-off decisions and provide input to management on profit analysis, premium planning and market/environment analysis
   

Sales and Marketing

• Achieve individual producer targets as specified in the business plan
• Develop and/or implement an effective business development strategy to prospect for new business across SBU/product lines and broker segments, collaborating with key internal stakeholders to maximise sales and marketing outcomes
• Actively manage the sales pipeline to identify and develop new business prospects
   

Broker and Key Account Management

• Manage broker and key account relationships across the assigned territory through proactive communication, visitation and collaboration with key internal and external stakeholders to retain and grow the business
• Visit assigned producers to discuss risks, communicate Chubb’s business appetites and generate new business opportunities
• Monitor producer performance by analysing quality, volume and mix of business, addressing deviations and escalating where required
• Plan and execute a regular quality underwriting travel program to support underwriting and marketing goals, including ongoing new business solicitation and presentations to prospective producers
• Manage resources and expenses associated with these activities in a strategic and appropriate manner
   

What you’ll bring to the role

• Demonstrable ability to proactively identify and implement intelligent solutions to unique underwriting situations.
• Appropriate levels of subject matter expertise in relation to: pricing techniques, alternative risk transfer and the development of reserves by individual case and by book of business.
• Working knowledge of the key accounts in the Branch.
• Understanding the underwriting appetites of the other departments and associated relationships with interdepartmental accounts.
• Judgement, experience and confidence to make appropriate recommendations for tailoring coverage and manuscripting policies.
• Familiarity with the products / services of key competitors.

 

Why Chubb?

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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