Job Description:
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* We are seeking a Senior Property Underwriter to join our team. The successful candidate will be responsible for executing the development and accomplishment of goals established for profit, growth, service, and producer relations for all classes of business within the Major Accounts Division for the northern/southern region.
* This role extends to fostering relationships with major customers and brokers by demonstrating commitment to deploy global coverage and risk management capabilities to meet the specialized needs of major customers.
* The primary purpose of this role is to execute the development and accomplishment of goals establish for profit, growth, service, and producer relations for all classes of business within the Major Accounts Division for the northern/southern region, while also contributing as a senior technical underwriter with respect to Property products.
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Your Responsibilities:
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* Achievement of the Personal premium budget
* Underwriting Process / Analysis
* Assist in the positioning and negotiations associated with delivering profitable transactions to achieve financial plans for all applicable product lines in the Major Accounts Division
* Writing a MD/BI portfolio in accordance with Chubb underwriting strategy
* Select new risks and underwrites renewals for assigned book of business and/or for designated specialty classes or market segments within Property portfolio
* Consults with LOB product managers on risks exceeding delegated authority
* Provide technical leadership for underwriting/marketing in the LOB product or MAD including risk referrals and portfolio management; serves as a resource regarding unique coverage needs
* Consult with State Distribution Manager on retention and prospecting activity
* Provide expertise in specialty line of business to major customers, brokers and MAD team
* Maintain a high level of understanding of pricing individual risk exposures
* Assist others in the development of pricing strategies, renewal negotiation strategy and developing game plans on new business submissions
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Production / Relationship Management:
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* Identify, analyse and develop sources of desirable new business opportunities including cross-departmental opportunities
* Cultivate 'zero relationship' prospects and 'one-line' accounts into future clients
* Crafting, delivering and negotiating quotations
* Actively participate in business development activities through regular team meetings
* Build and maintain long term relationships with key producers and insureds; deals with producer principals on complex underwriting issues
* Reviews performance reports, in force accounts, and makes quality-control recommendations
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Qualifications:
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* 5 years' experience in a property or Package Underwriting and development role with an insurance company
* High degree of technical underwriting ability; oral and written communication, negotiation, and presentation skills; Ability to effectively interact with brokerage, customer and internal stakeholders at all levels
* Develop creative solutions to unique underwriting situations through making recommendations for tailoring coverage and manuscripting policies
* Understand advanced pricing techniques (retro rating, composition of experience mod, etc.), when to use, how to use, how to sell, etc
* Familiar with the products / services of key competitors
* Have experience in the interpretation and analysis of claims and appropriate deployment of loss control resources
* Strong communication skills: To assure healthy exchange of information & impediments
* Proven ability to seek out new distribution sources
* Possess or quickly obtain knowledge of Chubb's global capabilities and financials and ability to communicate that information to existing or new customers at all levels
* Working knowledge of Microsoft systems including Excel Word and PowerPoint
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Benefits:
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* We offer a flexible working approach via our 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 enroll into the discounted stock purchasing scheme.
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About Us:
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* We are a world leader in insurance with operations in 54 countries and territories.
* We provide commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.