Life Science Senior Underwriter

Chubb Insurance Hong Kong; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading international insurance provider is seeking a Senior Life Science Underwriter in the UK. This role involves underwriting new and existing business within the Life Science sector, emphasizing strong broker relationships and technical expertise. The successful candidate will contribute to business planning, account analysis, and coaching junior team members, supported by a comprehensive benefits package including a pension scheme, private medical coverage, and professional development opportunities.

Benefits

Pension and annual bonus scheme

25 days annual leave plus 5 additional days

Private Medical cover

Employee Share Purchase Plan

Subsidised gym membership

Comprehensive Learning & development offerings

Qualifications

• Experience in the Life Science Sector is strongly preferred.
• Experience of underwriting and servicing multinational clients.
• Ability to underwrite multiline accounts.

Responsibilities

• Develop and service existing client relationships and acquire new business.
• Build strong broker relationships and communicate our product effectively.
• Analyses account-specific information for underwriting accuracy.

Skills

Risk analysis and management

Strong negotiation skills

Relationship management

Multiline underwriting

Strong interpersonal skills

Tools

Salesforce

Job description

This position of Senior Life Science Underwriter for the UK involves the underwriting of new and existing business in the Life Science sector.This can be any combination of mono-line or packaged Employers Liability, Public Liability, Products & Services Liability, Property, Clinical Trials and Errors and Omissions and Cyber.

The successful candidate will develop and execute a business plan focusing on strong broker relationships, sector knowledge, and market profile. They will have involvement in local strategic management, sound business acumen, and sound technical knowledge.

Key Responsibilities:

• Development, growth, profitability and service of existing client and acquisition of new business. Responsible for service on a small number of key branch retained accounts, and deliver a personal new business target for UKI.
• Build and maintain relationships with a panel of designated brokers, ensuring our product and proposition is communicated, and working with BDMs to ensure proactive pipelining of new business and cross-sell opportunities utilizing Salesforce.
• Technical specialist for Life Science with external profile as a subject matter expert. Representing Chubb externally with brokers and within the sector.
• Assist with the budgeting process including setting plan, and providing accurate predictions and reforecasts to help with business planning.
• Obtains and analyzes account-specific information and ensures accuracy and compliance with underwriting strategy and authority.
• Contribute towards implementation of our marketing plan, helping to communicate and promote our proposition to our broker partners and the industry.
• Contribute towards the growth, profitability, innovation, and service proposition of the Life Science Practice across UKI
• Coach and support Junior NUC/UKI Branch team members including taking referrals

Qualifications

Qualifications

• Experience of the Life Science Sector is strongly preferred.
• Experience of underwriting and servicing multinational clients, and has knowledge of programme structure and compliance requirements
• Ability to underwrite multiline accounts
• Under minimal direction, works within delegated underwriting authority
• Strong expertise in risk analysis, interpretation and analysis of claims, and appropriate deployment of loss control resources
• Proven ability to successfully negotiate on all levels and develop broker relationships.
• Aptitude to attract and retain profitable business
• Strong interpersonal, written communication skills and focus on quality.

Pension and 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, Comprehensive Learning & development offerings, 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.

• Legal Employer Chubb European Group SE UK Branch