Real Estate Underwriter

AXA UK; Birmingham; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Chubb, a global leader in insurance, is seeking an Underwriter specializing in Property and Liability risks within the Real Estate sector. This dynamic role involves underwriting, compliance, and business development, emphasizing strong broker and client relationships. The successful candidate will benefit from a competitive salary, hybrid working, and extensive learning opportunities.

Benefits

Competitive salary & pension

Discretionary bonus

25 days annual leave plus 5 additional days

Private Medical cover

Employee Share Purchase Plan

Life Assurance

Subsidized gym membership

Learning & development programs

Employee Assistance Program

Qualifications

• Good knowledge of the insurance market and experience dealing with brokers and clients.
• Property underwriting experience is essential; liability experience is a plus.
• Experience working with Real Estate clients is advantageous.

Responsibilities

• Underwrite new business and renewal accounts according to defined guidelines and strategies.
• Build relationships with key brokers and clients to ensure profitable growth.
• Promote Chubb to brokers and clients during internal meetings.

Skills

Knowledge of the insurance market

Decision-making ability

Initiative

Desire to develop technical and business skills

Property underwriting experience

Experience with Real Estate clients

Job description

Job Description

Since launching our Real Estate Industry Practice in 2018, we have experienced significant growth and developed a strong reputation, particularly for leading pan-European programmes. Real Estate is a key strategic growth area for Chubb, and we are expanding our offerings focusing on growth in the UK regions and mid-market sectors. This role presents an exciting investment opportunity to join Chubb in a growth area and contribute to bringing a new proposition to the market. The 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 or single property risks to large scheduled & Major Accounts / multinational clients. Initially, the focus will be on new business, with some renewal 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. Collaboration with other underwriting teams for cross-line solutions is also essential.

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 regarding policy documentation, contract certainty, peer review, audit, legal, and regulatory requirements.
4. Chubb Representation: Promote Chubb to brokers and clients, and represent the Real Estate team at internal meetings.
5. Business Development: Build relationships with key brokers and clients to ensure profitable growth, working with distribution and stakeholders.
6. Cross-selling: Maximize cross-selling opportunities through collaboration with colleagues.

Qualifications

Skills & Experience:

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

We offer:

Competitive salary & pension, discretionary bonus, 25 days annual leave plus 5 additional days, hybrid working, Private Medical cover, Employee Share Purchase Plan, Life Assurance, subsidized gym membership, learning & development programs, Employee Assistance Program.

Our core values include integrity, client focus, respect, excellence, and teamwork. We are committed to ethical practices, mutual trust, and a collaborative, supportive work environment.

We value 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 our recruitment process is accessible and inclusive, making reasonable adjustments as needed.

About Us

Chubb is a global leader in insurance, operating in 54 countries. We provide a wide range of insurance products, including property, casualty, accident, health, reinsurance, and life insurance, distinguished by extensive offerings, distribution, financial strength, underwriting excellence, and claims expertise.