Property & Casualty (P&C) Underwriter – FinLines

Chubblifefund; Philippines; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

The Philippines-based Insurance Company of North America, Philippines Branch, is seeking a seasoned Property & Casualty Underwriter – FinLines to manage a growing FinLines portfolio. You will apply underwriting guidelines, assess new business and renewals, and own topline and bottom-line performance within authority limits.

Key duties include engaging intermediaries to promote products, gathering underwriting information, coordinating with other Chubb lines, overseeing policy administration, and

Qualifications

• Relevant tertiary education including relevant insurance studies.

Responsibilities

• Evaluates, analyzes, and determines acceptance/rejection of new business and renewals within assigned P&C lines per underwriting guidelines and authority limits.
• Takes full ownership of the department’s Plan, including topline and bottom-line performance objectives.
• Engages with intermediaries to promote Chubb’s products and services, enhancing visibility and market presence.
• Cultivates strong relationships with intermediaries and direct accounts to gather underwriting information, boost submissions, and secure bound accounts; coordinates with other Chubb lines.
• Demonstrates a thorough understanding of the policy administration lifecycle, including data collection, policy issuance, premium booking, and credit control.
• Supports management in formulating strategies and action plans to drive growth and expansion.
• Generates comprehensive internal reports and prepares required external regulatory reports.
• Supports management of global multinational programs when the country serves as the Producing Office.
• Undertakes special projects and performs additional related responsibilities.

Skills

Interpersonal skills

Negotiation skills

Communication skills

Customer service

Time management

Adaptability

Analytical skills

Problem-solving

Education

Relevant insurance studies

Job description

Property & Casualty (P&C) Underwriter – FinLines

Philippines

Job Description

JOB SUMMARY: The role holder will support the management of the FinLines portfolio, contributing to the department’s overall growth and profitability.

Major Duties and Responsibilities

• Evaluates, analyzes, and determines the acceptance or rejection of new business and renewal within assigned Property & Casualty lines, adhering to Chubb’s underwriting guidelines and authority limits.
• Takes full ownership of the department’s Plan, including topline and bottom-line performance objectives.
• Engages with intermediaries to promote Chubb’s products and services, enhancing visibility and strengthening market presence.
• Cultivates strong relationships with intermediaries and direct accounts to gather critical underwriting information, boost submissions, and secure bound accounts. Collaborates with other Chubb business lines to coordinate business submissions effectively.
• Demonstrates a thorough understanding of the policy administration lifecycle, including data collection, policy issuance, premium booking, credit control, and other related processes.
• Supports Management in formulating strategies and action plans to drive business growth and expansion.
• Generates comprehensive reports for assigned lines of business (internal) and ensures compliance by preparing the required regulatory reports (external).
• Supports the management of global multinational programs when the country serves as the Producing Office.
• Undertakes special projects and performs additional related responsibilities as assigned.

Qualifications

• Education
  • Relevant tertiary education including relevant insurance studies.
• Years of experience
  • Minimum 5 years Property & Casualty underwriting experience.
• Knowledge, skills and abilities
  • Strong interpersonal and negotiation skills.
  • Exceptional communication and customer service skills, capable of effectively engaging with professionals, management personnel, and all levels of operations.
  • Demonstrates exceptional time management skills to ensure resources are utilized efficiently and effectively.
  • Demonstrates strong adaptability to effectively respond to changes driven by business needs.
  • Skilled at identifying and creating mutually beneficial “win-win” solutions.
  • Effectively identifies business needs to prioritize tasks based on business impact, available resources, and operational constraints.
  • Possesses exceptional analytical skills, enabling thorough evaluation and problem-solving.

Job Info

• Job Identification 33158
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit Philippines
• Legal Employer Insurance Company of North America, Philippines Branch