Senior Marine Underwriter

CHUBB; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the insurance sector is seeking an ambitious Underwriter with marine expertise to join their team. The ideal candidate will be capable of underwriting marine cargo, maintaining broker relationships, and collaborating in a diverse and inclusive work environment. This role requires excellent communication skills and a results-oriented approach.

Qualifications

• Deep understanding of marine line in insurance.
• Proven experience dealing with brokers and clients.
• Expert underwriting professional with strong reputation.
• Fluent in English (written and spoken).

Responsibilities

• Underwrite marine cargo business from brokers.
• Assist in formulating underwriting strategy and forecasts.
• Build and maintain relationships with brokers.
• Travel to develop broker and cedant relationships.

Skills

Marine insurance knowledge

Project Cargo underwriting skills

Relationship management

Results-driven

Excellent communication

Job description

Are you an ambitious Underwriter with Marine knowledge? If so, we would love to hear from you!

This exciting role that would suit and experience Underwriter who is hungry, motivated, inquisitive and in need of a new challenge. We will consider a similar minded hardworking Underwriter who feels ready to take the next step in their career.

We require someone to underwrite marine cargo business emanating from brokers. Maintaining and building relationships with our panel of brokers with a view to writing additional new business is key to the success of this role as well as growing the existing portfolio in line with our agreed growth, pricing and retention budget.

Your Responsibilities for this role may include, but are not limited to :

• Meet the portfolio product line objectives of the Marine Department for each underwriting year.
• Assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability.
• Business will emanate from various brokers and ceding companies.
• Travel the region with a view to promoting CHUBB and developing broker and cedant relationships
• Working closely with other lines of business to leverage Cross Sell opportunities.
• You will play a key role in the development of new business leads initiated by : -
• Meeting with the broker Account Director / Executive, or other broker contact, to negotiate the best price, terms and conditions for Chubb.
• Following up on the quote provided to the broker contact (including, by way of phone call or further meeting) to ensure Chubb successfully writes the piece of business.
• Being present at presentations, about Chubb and the quote, to brokers and / or clients.
• Maintaining our existing portfolio with the agreed targets for the year and developing and building a professional relationship with our clients.
• Demonstrating understanding that a good client relationship constitutes the 3 parts in the process (The client, the broker and Chubb).
• Meeting company standards relating to accuracy of policy documentation, premiums being debited on time, ie by the month end close, and compliance with regulatory standards in respect of contract certainty.

What skills & experience are required?

• Deep understanding and working knowledge of a marine line, the insurance and reinsurance market and competitors.
• Project Cargo underwriting skills would be a differentiator.
• Proven experience of dealing with brokers and clients.
• Results driven with ability work on own initiative.
• An expert underwriting professional with a strong reputation.
• Excellent planning, proactivity, using initiative and being a good communicator.
• Fluent in English (written and spoken)

Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.