Cargo Underwriter

CHUBB; London; On-site; GBP 35,000 - 65,000; Full time

Job summary

A leading global insurer is seeking an Underwriter for their Marine Cargo team in London. This role involves managing a varied portfolio, working collaboratively with brokers and developing new products. Join a company that values integrity, teamwork, and employee growth with robust benefits and a supportive culture.

Benefits

Competitive Salary

Non-Contributory Pension

Annual Bonus Scheme

25 days Annual Leave

Private Medical Cover

Subsidised Gym Membership

Employee Share Purchase Plan

Charitable Leave

Cycle to Work Scheme

Qualifications

• Proven experience of managing brokers and clients.
• Comprehensive understanding of Corporate or Lloyd’s Underwriting.
• Results-driven professional with initiative.

Responsibilities

• Underwrite new business or renewals as per guidelines.
• Ensure integrity within defined underwriting area.
• Collaborate on product development for client retention.

Skills

Teamwork

Decision Making

Client Management

Portfolio Management

Product Development

Education

ACII certification (preferred)

Underwriting experience in Marine/Cargo products

Job description

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Are you passionate about working for the world’s largest property & casualty insurer in the world with excellent employee benefits and offices in 54 countries?

If you are passionate about developing your career with the world’s largest publicly traded Casualty and Property insurer, whilst enjoying excellent staff benefits, then we would love to hear from you!

We’re currently recruiting an Underwriter required to form a key part of our Lloyd’s wholesale operation, Chubb Global Markets. You would be working in our Marine Cargo team handling a diverse product mix through both new business and renewals in a face to face and online trading environment.

The successful candidate will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts. Must be a good team player as well as having the ability to work on their own and to tight deadlines.

Key Responsibilities:

• Financial Goals. To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan
• Broker facility Integrity. To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular meetings and peer reviews.
• Product Development. To assist in the development of products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines in Europe as well as globally
• Producer Management. To represent and promote Chubb corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities
• Procedures. To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues
• Chubb Representative. To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients as well as major clients
• Underwriting experience gained across Marine / Cargo products lines.
• Comprehensive understanding and working knowledge of Corporate or Lloyd’s Underwriting, the insurance market and competitors.
• Proven experience of taking care of brokers and clients.
• Results driven with ability to make own decisions and work on own initiative.
• A professional who continuing to build our their profile externally.
• ACII preferred but not essential
• Continues to develop technical and broader business skills

What Can You Expect in Return?

• Competitive Salary, Non-Contributory Pension & Annual Bonus Scheme
• 25 days Annual Leave plus ability to Purchase 5 Additional Days
• Private Medical Cover, Employee Share Purchase Plan, Life Assurance & Subsidised Gym Membership
• 1-day annual Charitable leave, Cycle to Work Scheme, Active Sports & Social Committee, Employee Assistance Program.

Integrity. Client focus. Respect. Excellence. Teamwork.

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 are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.