Real Estate Underwriter

Chubb; Birmingham; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

Chubb is seeking a motivated individual to join their expanding Real Estate team in Birmingham. The role focuses on underwriting Property and Liability risks, developing broker relationships, and ensuring compliance with company standards. This position offers a competitive salary, hybrid working options, and a clear career path.

Benefits

Competitive salary & pension scheme

Discretionary bonus scheme

25 days annual leave plus 5 additional days

Hybrid working options

Private Medical cover

Employee Share Purchase Plan

Life Assurance

Subsidised gym membership

Comprehensive learning & development programs

Employee Assistance Program

Qualifications

• Property underwriting experience is essential.
• Experience with Real Estate clients and brokers is advantageous.

Responsibilities

• Underwrite new business and renewal accounts.
• Develop relationships with key brokers and clients.
• Ensure adherence to compliance and procedures.

Skills

Insurance Market Knowledge

Decision Making

Initiative

Technical Skills Development

Property Underwriting

Client Relationship Management

Job description

Since launching our Real Estate Industry Practice in 2018, we have experienced significant growth and built a strong reputation, particularly for leading pan-European programmes. Real Estate is a key strategic growth priority for Chubb, and we are expanding our proposition focusing on growth in the UK regions and mid-market. This presents an exciting opportunity to join Chubb in a growth area and contribute to bringing a new proposition to the market. Our team is dynamic and fast-growing, offering an excellent career path for the successful candidate.

Role Purpose:

The primary purpose of this role is to underwrite Property and Liability risks for Real Estate clients, ranging from lower mid-market / single property risks to large scheduled & Major Accounts / multinational clients. Initially, the focus will be on new business, with some renewal business management over time.

The geographical scope includes UK Regions (supporting offices in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Maidstone) and some London broker business. The successful candidate will collaborate with our UKI distribution team and local property managers, developing key broker and client relationships.

The role involves working closely with claims, risk engineering, and global services teams to provide excellent service and collaborating with other underwriting teams for cross-line solutions.

Key Responsibilities:

1. Underwriting: Underwrite new business and renewal accounts according to defined guidelines and strategies.
2. Financial: Contribute to achieving the Real Estate financial plan.
3. Compliance and Procedures: Ensure adherence to company standards for policy documentation, contract certainty, peer review, audits, compliance, legal, and regulatory requirements.
4. Chubb Representation: Promote Chubb to brokers and clients, and represent the Real Estate team internally at meetings.
5. Business Development: Develop relationships with key brokers and clients to ensure profitable and sustainable growth, working with distribution and stakeholders.
6. Cross-selling: Maximize cross-selling opportunities through collaboration with colleagues.

Skills & Experience Required:

• Good knowledge of the insurance market and experience working with brokers and clients.
• Results-driven with decision-making ability and initiative.
• Desire to develop technical and broader business skills.
• Property underwriting experience is essential; liability experience is a plus.
• Experience with Real Estate clients and brokers is advantageous but not mandatory.
• Multinational experience is beneficial; training will be provided.

We offer:

• Competitive salary & pension scheme
• Discretionary bonus scheme
• 25 days annual leave plus 5 additional days available for purchase
• Hybrid working options
• Private Medical cover
• Employee Share Purchase Plan
• Life Assurance
• Subsidised gym membership
• Comprehensive learning & development programs
• Employee Assistance Program

Our values include integrity, client focus, respect, excellence, and teamwork, guiding how we work and serve our clients. We are committed to diversity and inclusion, treating everyone with fairness and respect, regardless of age, disability, race, religion, gender, sexual orientation, marital status, or family circumstances. We ensure an inclusive and accessible recruitment process and welcome candidates requiring reasonable adjustments.