Underwriting Assistant

Job title: Underwriting Assistant

Company: Chubb


Job description: Job Description:Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.Your Role:The primary purpose of this role is to work within the Branch Underwriting team to contribute to the achievement of department, branch and corporate goals relative to profit, growth, service producer and client relations. This role is designed to provide the individual with a strong foundation of underwriting knowledge and industry experience to support a career pathway in insurance.
This will include, but not limited to, learning our end-to-end underwriting process, understanding how we assess and manage risk and how we build long term relationships with brokers and clients.Your Responsibilities:UnderwritingAssist Underwriters in achieving new business, rate and retention targets for assigned book of business to support the achievement of Unit/SBU/Branch revenue and profit goals via a number of key accountabilities, including:

• Assist Underwriters in providing input on underwriting results, profit analysis, market environment, competitor analysis and as required for ad hoc reports and projects
• Collaboration with NUC and other internal customers regarding book management strategy and maintenance of “one voice” with brokers. Assist with preparation for account reviews with Underwriters/management, demonstrating knowledge of risk, industry, competitive environment and Chubb’s products and capabilities
• Assist Underwriters in managing sales pipeline to identify and develop new business prospects

Underwriting Quality & Compliance

• Adhere to appropriate underwriting, compliance and file documentation standards and workflows to support the achievement of Branch/SBU revenue and profit goals.
• Evaluate and make recommendation for acceptance or declination on risks based on existing referral guidelines
• Recommend account trade off decisions.

Producer Relations

• Actively develop & manage producer relationships, dealing with queries and handling any issues arising
• Engage in external visits with Underwriter to discuss risks, communicate Chubb’s business appetites, and to produce new business

Qualifications:

• Competent in Microsoft Office and Outlook. Excellent general computer literacy
• Effective communication and interpersonal skills both in verbal and written forms
• Demonstrated analytical and problem-solving skills
• Strong customer service skills and customer centric attitude
• Strong attention to detail and the desire to deliver and improve quality
• Demonstrated experience working with data sets
• Problem resolution and decision making skills
• Ability to work in a team environment as well as on own initiative
• Experience working to deadlines/SLA’s
• Well-developed analytical and organisational skills

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. We also offer 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.

Expected salary:

Location: Sydney, NSW

Job date: Thu, 17 Oct 2024 07:26:05 GMT

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