Property Underwriter, Nuc

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:
The primary purpose of this role is to contribute to the achievement of department, branch and corporate goals relative to profit, growth, service producer and client relations.
Your Responsibilities:
Achievement of the Personal premium budget

• Achieve financial targets in relation to Rate and Retention of allocated portfolio

Underwriting

• Underwriting authority in all lines
• Within scope of delegated authority;

- Evaluates and accepts or declines new lines, renewals and endorsements
- Evaluates and makes recommendation for acceptance or declination on risks which exceed authority

• Assists manager in providing input on underwriting results, profit analysis, market environment, competitor analysis and as required for ad hoc reports and projects
• Responsible for underwriting results of assigned portfolio
• Maintain awareness of claim activity with assigned book and communicate with stakeholders as needed
• Contribute towards the continual development and improvement of the renewal process

Producer Relations

• Actively develop & manage producer relationships, dealing with queries and handling any issues arising
• Ensure stakeholders are aware of market & producers challenges

People Development

• May have responsibility for assisting in underwriting training and producer relations

Service

• Responsible for upholding an exceptional underwriting service on assigned portfolio as well as the internal service demands of the business

Experience:

• Property and or Underwriting experience
• Looks for solutions to unique underwriting situations
• Consistently displays initiative and seeks opportunities to innovate
• Understands pricing techniques and underwriting margin
• Understands and interprets policy wordings
• Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts
• Makes recommendations for tailoring coverage and manuscripting policies
• Is familiar with the products / services of key competitors
• Is comfortable with a wide range of negotiation techniques
• Is a clear and concise communicator
• Has demonstrated ability to work well with people and influence decisions
• Desire and ability to cross train in other Property & Casualty lines of business

Permanent- Full Time Salary - $90,000 plus super
Applications Open: 24/11/23
Applications Close: 24/12/23
Chubb is the world's largest publicly traded property and casualty insurance company, with over 30,000 employees globally. 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.