Financial Lines Underwriter

Chubb; Melbourne; On-site; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible working arrangement via MyOne

Education assistance

Health insurance benefits

Breakfast and fresh fruit

Job summary

Chubb in Melbourne seeks an experienced Financial Lines Underwriter to assess, price and manage risks in line with underwriting guidelines and profitability objectives. You will contribute to portfolio development, support broker and client relationships, and provide technical expertise across the team.

You will be responsible for delivering profitable underwriting results, negotiating new business and renewals, and mentoring junior team members while monitoring portfolio performance and loss

Qualifications

• Degree-qualified or equivalent experience.
• Strong knowledge of Financial Lines insurance.
• Proven technical underwriting ability with negotiation, communication and presentation skills.
• Ability to build effective relationships with brokers, customers and internal stakeholders.
• Experience developing tailored underwriting solutions for complex risks.
• Understanding of pricing techniques and modelling.

Responsibilities

• Assess, price, and negotiate new business and renewals within delegated authority.
• Provide technical underwriting guidance on complex risks, referrals, and portfolio management.
• Monitor claims activity, premium performance, and loss trends.
• Support portfolio development and cross-sell opportunities across the business.
• Build and maintain relationships with brokers, insureds and market partners.
• Refer risks outside authority to product managers as required.

Skills

Underwriting

Negotiation

Communication

Presentation

Relationship building

Pricing & modelling

Education

Degree qualified or equivalent

Job description

Job Description

About the Role

This role sits within Chubb’s Financial Lines Team and plays an important part in driving profitable growth, strengthening producer and client relationships, and supporting service excellence across the portfolio. As a underwriter, you will help assess, select, and manage Financial Lines risks in line with underwriting guidelines and profitability objectives. You will also contribute to portfolio development, support key broker and client relationships, and provide technical expertise to the wider team.

In This Role, You Will

Underwriting and Portfolio Management

• Support the delivery of profitable underwriting results across the Financial Lines portfolio.
• Assess, price, and negotiate new business and renewals within delegated authority.
• Apply sound underwriting judgement, using endorsements and pricing structures appropriately.
• Refer risks outside authority to product managers as required.
• Provide technical guidance on complex risks, referrals, and portfolio management.
• Monitor claims activity, premium performance, and loss trends.
• Support and mentor less experienced team members, sharing technical expertise and sound underwriting judgement.

Business Development and Relationship Management

• Identify and develop new business opportunities, including cross-sell opportunities across the business.
• Build and maintain strong relationships with brokers, insureds, and key market partners.
• Prepare, present, and negotiate quotations for new and renewal business.
• Participate in business development activity, including broker visits, client meetings, and team presentations.
• Promote Chubb’s appetite, products, and capabilities to the market.
• Share market intelligence, including competitor activity and emerging trends, with the wider team.

Service Excellence

• Deliver against service standards and support a strong client and broker experience.
• Use reporting and performance insights to identify opportunities for improvement.
• Contribute to a culture of continuous improvement and high-quality service delivery.

Qualifications

What you’ll bring to the role

• Degree qualified or equivalent experience.
• Strong knowledge of Financial Lines insurance.
• Proven technical underwriting ability, with strong negotiation, communication, and presentation skills.
• Ability to build effective relationships with brokers, customers, and internal stakeholders at all levels.
• Experience developing tailored underwriting solutions for complex risks.
• Understanding of pricing techniques and modelling.

Why Chubb?

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.

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

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.