Underwriter, High Net Worth (12 Month FTC)

Chubb Ltd.; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated Underwriter for their High Net Worth team in London. This role involves underwriting both new and existing business accounts, providing exceptional service to brokers, and managing relationships to maximize retention and new business opportunities. The ideal candidate will possess a strong background in HNW insurance, particularly in Motor or Household, and demonstrate excellent communication and organizational skills. Join a company that values integrity, teamwork, and client focus, and be part of a supportive and ethical work environment where your contributions are recognized and valued.

Qualifications

• Experience in High Net Worth insurance, preferably in Motor or Household.
• Strong communication and negotiation skills essential for client interaction.

Responsibilities

• Underwrite new and renewal business, manage a panel of brokers.
• Build strong relationships with brokers and ensure retention of business.

Skills

HNW insurance industry experience

Strong communication skills

Negotiation skills

Relationship building

Organizational skills

Tools

management information systems

Job description

Underwriter, High Net Worth (12 Month FTC)

London, United Kingdom

Job Description

Are you looking for your next challenge in the insurance industry to progress your career in Underwriting? Do you have experience in High Net Worth? If this sounds like you and you are passionate about client service, motivated and inquisitive, then we would love to hear from you.

We are recruiting an Underwriter to form a key part of Chubb's High Net Worth Underwriting Team in London. You will be responsible for underwriting new and existing business accounts whilst providing world-class service to our broker partners.

The successful candidate will preferably have experience in multiline Household and Motor and will build and maintain strong working relationships externally and internally, managing a panel of brokers in respect of New Business, Retention, Rate, Profit & Loss & mix of business.

Key Responsibilities:

• Responsible for underwriting new and renewal business up to your agreed authority limits and be responsible for mid-term underwriting of accounts, including appraisals.
• Actively seek to round out existing accounts and cross-sell other classes of business.
• Managing underwriting queries via telephone & e-mail.
• Be a technical underwriting referral point for Underwriters, Underwriting Assistants, and Claims.
• Develop a strong technical understanding of large risk underwriting.

Broker Management:

• Accountable for the full P&L management of a designated panel of brokers.
• Demonstrate a good level of proficiency in the use of the management information systems to be able to understand the data, analyse any trends, and report on the underwriting performance.
• Carry out broker management for your broker panel executing any corrective actions needed where KPI's fall behind plan.
• Proactively manage relationships with broker partners.
• Collaborate with the Sales Development Manager in the conversion of New Business, through pre-qualification of target prospects.
• Work with the Senior U/W & Operations U/W Manager to ensure all target quotes are monitored and pursued to ensure conversion rates are influenced positively.
• Ensure all communications with broker partners are collaborative and sales-focused to ensure both retention & new business opportunities are maximised.

Qualifications

Skills & Experience Required:

• HNW insurance industry experience essential – preferably from a Motor or Household background.
• Ability to build strong relationships internally and externally.
• Strong communication and negotiation skills.
• Well-organised with the ability to prioritise workload.

Flexible Working
We are open to discussing flexible working arrangements. This can be discussed with the Recruitment Business Partner managing this position.

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.

Job Info

• Job Identification 18312
• Job Schedule Full time
• Regular or Temporary Temporary
• Business Unit United Kingdom
• Legal Employer Chubb European Group SE UK Branch

40 Leadenhall Street, London, EC3A 2BJ, GB