Chubb

Senior Underwriter - Construction Industry Practice

Company
Location
London, England, United Kingdom
Posted At
12/7/2024
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Description
Job Description

Background

This is an exciting opportunity to join our newly launched Construction Industry Practice team. Construction is a key strategic growth priority for Chubb, and we are seeking a (Senior) Underwriter to support our continued growth aspirations. This role offers the opportunity to work with a market leading multi-line product writing mid-market construction business, working alongside construction experts in underwriting risk engineering and claims, and to be an integral part of our next stage of growth.

Role Purpose

The primary purpose of this role is to underwrite Contract works and Liability risks for Construction risks, with a strong focus on new business. The successful candidate will have a strong market presence, representing the Construction Industry Practice in broker and client meetings. They will also work closely with other internal stakeholders across all lines of business plus extending to colleagues in claims, risk engineering and global services to provide excellent service to our brokers and clients. They will also work closely with our other underwriting teams to provide cross-lines solutions.

Key Responsibilities

  • Underwriting – Underwrite new business and renewal accounts according to defined underwriting guidelines and strategies
  • Financial - Contribute towards achieving the Construction Industry Practice financial plan. Support the Construction Industry Practice leader in preparing financial plans, reforecasts and predictions.
  • Training & Mentoring – provide training, mentoring, and act as a role model for more junior underwriters within the team. Take underwriting referrals.
  • Compliance and Procedures - Meet company standards in respect of policy documentation, contract certainty, peer review, audit, compliance, legal and regulatory requirements.
  • Leadership - Support Construction Industry Practice in establishing and promoting best practice within the team
  • Chubb Representative - Represent and promote Chubb to brokers and clients. Represent the Construction Industry Practice team internally at production, renewal and other internal Chubb meetings.
  • Business Development - Proactively maintain relationships with key brokers and clients to ensure profitable and sustainable growth, in conjunction with distribution and other key stakeholders. Contribute towards strategic growth plans with key brokers.
  • Cross-sell - Pro-actively maximise cross-selling opportunities through collaboration with Chubb colleagues

Qualifications

  • Good working knowledge of the Construction insurance market, and understanding of competitor analysis
  • An experienced professional whose expertise is recognised externally
  • Results driven with ability to make decisions and work on your own initiative
  • Desire to continue to develop technical and broader business skills
  • Ability to execute and influence at all levels both internally and externally
  • Significant Contract works underwriting knowledge, with liability underwriting knowledge being a strong advantage.
  • Strong presentation and development skills

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.

https://www2.chubb.com/emea-careers/working-for-us/diversity-inclusion.aspx

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.
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