Job Description
We are currently seeking a skilled and motivated
Marine Cargo Underwriter to join our Lloyd’s wholesale operation,
Chubb Global Markets. This role is a key part of our Marine Cargo team, where you will handle a diverse product mix across both new business and renewals in a dynamic face-to-face and online trading environment.
The successful candidate will play a pivotal role in driving portfolio growth by building strong relationships with key brokers and clients while maintaining and developing an existing portfolio of accounts. This position requires a proactive, results-driven individual who thrives in a collaborative team environment but is equally capable of working independently under tight deadlines.
Key Responsibilities
- Achieving Financial Goals
- Underwrite new business and renewals in line with defined underwriting guidelines, specified budgets, and the local business plan.
- Ensuring Broker Facility Integrity
- Maintain quality control within your area of responsibility by conducting quantitative underwriting reviews, hosting regular meetings, and participating in peer reviews.
- Product Development
- Contribute to the development of innovative products within your area of expertise to enhance client retention and attract new business.
- Collaborate with peers across business lines in Europe and globally to drive product improvements.
- Producer and Client Management
- Represent and promote Chubb to brokers, internal stakeholders, and external clients.
- Build and maintain strong relationships with key producers and clients, monitor business acquisition and retention, and maximize cross-selling opportunities.
- Adherence to Procedures
- Ensure compliance with company standards, including policy documentation, quoting timeframes for new and renewal business, and regulatory requirements.
- Acting as a Chubb Representative
- Serve as a professional ambassador for Chubb, maintaining regular contact with internal colleagues, brokers, and major clients to strengthen relationships and promote the company’s values.
Qualifications
Skills & Experience Required
- Underwriting Expertise: Proven underwriting experience in Marine Cargo product lines.
- Market Knowledge: Comprehensive understanding of Corporate or Lloyd’s underwriting practices, the insurance market, and competitors.
- Broker and Client Management: Demonstrated ability to build and maintain strong relationships with brokers and clients.
- Results-Driven: Self-motivated with the ability to make decisions independently and work on your own initiative.
- Professionalism: A polished professional who is actively building their external profile.
- Qualifications: ACII qualification preferred but not essential.
- Continuous Development: Committed to developing technical expertise and broader business skills.
What You Can Expect In Return
At Chubb, we value our employees and offer a comprehensive benefits package, including:
- Competitive Compensation: Competitive salary, non-contributory pension, and annual bonus scheme.
- Generous Leave: 25 days of annual leave, with the option to purchase an additional 5 days.
- Health & Wellbeing: Private medical cover, life assurance, and subsidized gym membership.
- Financial Benefits: Employee share purchase plan and cycle-to-work scheme.
- Learning & Development: Access to a wide range of learning opportunities, networking events, mentoring programs, and career development initiatives.
- Work-Life Balance: 1-day annual charitable leave, active sports and social committee, and an employee assistance program.
About Us
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.
