ABOUT CHUBB:

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.

Key Objective:

The Underwriter is responsible for partnering with the Business Development Team to profitably grow revenues through prudent risk evaluation and rating.

This position is responsible for evaluating risk within their delegated authority and according to corporate/departmental guidelines in line with business and strategic objectives while maintaining service levels.

Major duties and responsibilities:

Underwrite and service accounts

• Review, assess and evaluate detailed information to determine insurability of applications for new and renewal business, reinstatements and changes to existing policies.
• Negotiate coverage and premiums.
• Ensure timely processing of premium and issuance of policy documents.
• Completes file in accordance with Chubb Standards, ensuring data accuracy.
• Act within delegated authority.
• Develop recommendation and rationale for situations which fall outside of the authority level of this position and advance through the referral process.
• Conduct self audits.
• Provide department with information on market trends and changes – for example, policy coverage changes and restrictions being implemented by competitor markets and regulatory bodies.

Comply with Underwriting methods and policy.

• Participate in developing, enhancing and maintaining underwriting methods and techniques in order to achieve underwriting goals in a cost-effective manner.
• Responsible for awareness of and identifying competitive position in the market for product, price and service to ensure business strategies remain competitive.

Qualifications:

• Completion of University degree (or equivalent work experience)
• Enrolment in Industry courses and working towards professional industry designation (e.g. CEBS, or FLMI).
• 3 to 5 years of experience in the Life or Special Risk insurance industry preferred.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Strong oral and written communication skills as well as negotiation abilities.
• Effective time management skills.
• Ability to work both independently and in a team environment depending on the situation.
• Comfort in working in a deadline oriented atmosphere.
• Demonstrated analytical and risk underwriting skills.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.