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Home Australia Property Underwriter, Mad

Property Underwriter, Mad

Full time at a Laimoon Verified Company in Australia
Posted on April 23, 2024

Job details

Responsibilities: Achievement of the Personal premium budget Underwriting Process / Analysis • Assist in the positioning and negotiations associated with delivering profitable transactions to achieve financial plans for all applicable product lines in the Major Accounts Division. • Writing a MD/BI portfolio in accordance with Chubb underwriting strategy. • Select new risks and underwrites renewals for assigned book of business and/or for designated speciality classes or market segments within Property portfolio. • Consults with LOB product managers on risks exceeding delegated authority. • Provide technical leadership for underwriting/marketing in the LOB product or MAD including risk referrals and portfolio management; serves as a resource regarding unique coverage needs. • Consult with State Distribution Manager on retention and prospecting activity. • Provide expertise in speciality line of business to major customers, brokers and MAD team. • Maintain a high level of understanding of pricing individual risk exposures. • Assist others in the development of pricing strategies, renewal negotiation strategy and developing game plans on new business submissions. Production / Relationship Management • Identify, analyse and develop sources of desirable new business opportunities including cross-departmental opportunities. • Cultivate "zero relationship" prospects and "one-line" accounts into future Chubb clients. • Crafting, delivering and negotiating quotations. • Actively participate in business development activities through regular team meetings. • Build and maintain long term relationships with key producers and insureds; deals with producer principals onplex underwriting issues. • Reviews performance reports and makes quality-control rmendations. Qualifications • 2 years' experience in a property or Package Underwriting and development role with an insurancepany. • High degree of technical underwriting ability; oral and writtenmunication, negotiation, and presentation skills. • Develop creative solutions to unique underwriting situations through making rmendations for tailoring coverage and manuscripting policies. • Understand advanced pricing techniques (retro rating,position of experience mod, etc.), when to use, how to use, how to sell, etc. • Be familiar with developing marketing plans and handlingplex accounts. • Understand the underwriting appetites of the other departments and how those relate to interdepartmental accounts. • Track record of high achievement in a team-based and results-oriented culture. • Familiar with the products / services of keypetitors. • Have experience in the interpretation and analysis of claims and appropriate deployment of loss control resources. • Strongmunication skills: To assure healthy exchange of information & impediments. • Proven ability to seek out new distribution sources. • Possess or quickly obtain knowledge of Chubb's global capabilities and financials and ability tomunicate that information to existing or new customers. at all levels. • Working knowledge of Microsoft systems including Excel Word and PowerPoint. About Us Chubb is a world leader in insurance. With operations in 54 countries, Chubb providesmercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. Thepany 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. Job ID 300000293582559

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