Overview
Life Science Senior Underwriter (Manchester/Leeds or Glasgow)
Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, employing approximately 30,000 people worldwide; Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients across multinational corporations and small to mid-size businesses.
The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
Does working for one of the largest insurers in the world with excellent employee benefits and a diverse working environment appeal to you?
If you are looking for your next challenge in insurance and hope to enhance your Underwriting skills and experience, then we would love to hear from you!
Based from Manchester, Leeds or Glasgow, this is an excellent opportunity for an Underwriter to play a pivotal role in our Life Science team.
Role Purpose
This position is equally suited to applicants at Underwriter or Senior Underwriter level and 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, Errors and Omissions and Cyber including multinational exposures.
Key Responsibilities
- Develop and execute a business plan focusing on strong broker relationships, sector knowledge, and market profile.
- 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.
- Build and maintain relationships with a panel of designated brokers, ensuring our product and proposition is communicated, and working with Business Development Managers to ensure proactive pipelining of new business and cross-sell opportunities utilising 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 re-forecasts to help with business planning.
- Acquires and analyses 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.
Knowledge & Experience
- Involvement in local strategic management, sound business acumen, and sound technical knowledge
- Able to underwrite multiline accounts within delegated underwriting authority with strong expertise in risk analysis, interpretation & analysis of claims, and appropriate deployment of loss control resources
- Experience of underwriting and servicing multinational clients, and has knowledge of programme structure and compliance requirements
- Proven track record to successfully negotiate on all levels and develop broker relationships with focus on service orientation and teamwork
- Aptitude to attract and retain profitable business with strong interpersonal, written communication skills and focus on quality.
- Ability to work independently and cohesively in a team environment in conjunction with service staff, risk engineering and field marketing claims employees.
- Experience of Life Science is preferred
We Offer In Return!
- Competitive salary & pension 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 resource groups: Gender Equality Network, Abilities & Wellbeing, Social Mobility, Parents & Carers, Pride Network, Cultural Awareness Network.
- Networking, mentoring & development opportunities, 1 day annual Charitable leave, Cycle to work scheme, Active Sports & social committee, 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 will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
