Senior Surety Underwriter, Asia Pacific - Haymarket, Australia - Combined Insurance

Combined Insurance Haymarket, Australia

1 month ago

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Description

Chubb values diversity by creating an inclusive, flexible, and fair workplace where everyone has equal access to employment opportunities.

We are happy to discuss workplace flexibility for all our positions to attract top candidates and accommodate individual needs, differences, disabilities, and work arrangements.

If you need adjustments during the recruitment process, please inform us so we can assist you in showcasing your best self.

Chubb, a leading insurance company worldwide, operates in 54 countries and territories, providing various insurance products to a diverse clientele.

As an underwriting firm, we analyze, assume, and manage risks with expertise and discipline, ensuring fair and prompt claims servicing.

The company is recognized for its wide range of products, strong financial standing, extensive distribution network, and global presence through local operations.

Chubb Limited, the parent company, is listed on the New York Stock Exchange (NYSE: CB) and is part of the S&P 500 index, with executive offices in Zurich, New York, London, Paris, and other locations worldwide, employing around 40,000 individuals.

More details can be found at:

APAC Surety has been a prominent player in the surety market in ANZ and Asia since 1994, and we are now looking to expand our underwriting team, offering a position for a Senior Underwriter or Underwriter to join our APAC team.

This role provides growth opportunities with increasing responsibilities over time, including the potential for country or regional leadership for the right candidate. The job title's seniority will be based on the successful candidate's relevant experience.

Your Responsibilities

Financial and credit risk analysis of APAC Surety customers and potentials.
Risk evaluation of individual bonded risks, considering project, contract, regulatory, and market factors.
Develop detailed credit and risk review recommendations.
Identify and convert prospect/opportunity pipeline.
Collaborate with other regions to create coordinated prospecting plans for multinational pipelines.
Deliver profitable premiums, achieve zero loss target, manage pricing, commissions, and expenses, following ROE principles.
Support project risk facultative reinsurance as needed.
Supervise and serve indigenous books in Malaysia and Japan.
Assist with fronting requests and issuances across APAC.
Handle booking processes from bond number allocation to premium booking.
Participate in financial planning and contribute to APAC Surety strategic/tactical planning.
Support departmental administration, process, policy requirements, and development.
Show increasing capability and responsibility for select books/markets over time.

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