Cyber & Technology Underwriter - Melbourne, Australia - Chubb INA Holdings Inc.

Chubb INA Holdings Inc.

Verified Company

Melbourne, Australia

1 week ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Chubb is the world's largest publicly traded property and casualty insurer.

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.

Chubb Australia is currently experiencing a period of accelerated growth, and as we continue to excel and make our mark in the local market, we are looking for high potential individuals to join our dynamic and fast paced team.

Your role:

Reporting to the Small Commercial Financial Lines Manager, the primary purpose of this role is to deliver underwriting profit and growth in our Cyber and Technology Practice business.

Your responsibilities:

Achievement of Retention and/or Personal premium budget

Achieve financial targets.

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
Recommends account trade off decisions
Assists manager in providing input on portfolio analysis, profit analysis, premium planning, market and environment analysis, process and systems effectiveness and efficiency, etc.
Responsible for underwriting results of assigned producers

Producer Relations

Underwriter is responsible for profit and premium growth of assigned producers. This would include producer account control and book composition and analysis
Visits assigned producers to discuss risks, communicate Chubb's business appetites, and to retain existing / produce new business
Responsible for providing supervisor with input on premium planning variance

People Development

May have responsibility for assisting in underwriting training and producer relations

Service

Responsible for underwriting service to assigned producers.
Utilises the MOS and/or other Chubb measurement systems designed to improve processes, service and productivity

Qualifications:

Skills & experience:

Looks for solutions to unique underwriting situations
Understands pricing techniques
Understands account servicing costs
Has a working knowledge of alternative risk transfer
Understands development of reserves by individual case and by book of business
Has a working knowledge of the key accounts in the Branch
Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts
Understands the broker selection and appointment process
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
Has demonstrated ability to work well with people and influence decisions
Understands portfolio analysis / underwriting, in particular the renewals process

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.