Real Estate Underwriter
1 week ago
Job Description
Are you an experienced Real Estate Underwriter eager to join a dynamic, expanding team? Or perhaps you're a Property or Package Underwriter ready to deepen your expertise in a specialized role? We also welcome ambitious Assistant Underwriters who are looking to advance and grow their careers.
Since launching our Real Estate Industry Practice in 2018 we have enjoyed significant growth and developed a strong reputation, with a particular specialism for leading pan European programmes. Real Estate is a key strategic growth priority for Chubb, and we are expanding our proposition focusing on growth in the UK regions and in mid-market. This is an exciting investment, and a great opportunity to join Chubb in a growth area and be part of bringing a new proposition to the market. This is a dynamic and fast-growing team, and the role offers an excellent career path for the successful candidate.
The primary purpose of this role is to underwrite Property and Liability risks for Real Estate clients, ranging in size from lower mid-market / single property risks to large scheduled & Major Accounts / multinational. Initially the focus will be new business, but over time also managing some renewal business.
The geographical scope of the role is UK Regions (supporting our offices in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Maidstone), plus some London broker business. The successful candidate will work collaboratively with our UKI distribution team and local property managers and will develop key broker and client relationships.
The successful candidate will work closely with our claims, risk engineering and global services team to provide excellent service to our brokers and clients. They will also work closely with our other underwriting teams to provide cross-lines solutions.
Key Responsibilities
- Underwriting – Underwrite new business and renewal accounts according to defined underwriting guidelines and strategies
- Financial - Contribute towards achieving the Real Estate financial plan
- Compliance and Procedures - Meet company standards in respect of policy documentation, contract certainty, peer review, audit, compliance, legal and regulatory requirements.
- Chubb Representative - Represent and promote Chubb to brokers and clients. Represent the Real Estate team internally at production, renewal and other internal Chubb meetings.
- Business Development - Proactively develop relationships with key brokers and clients to ensure profitable and sustainable growth, in conjunction with distribution and other key stakeholders.
- Cross-sell - Pro-actively maximise cross-selling opportunities through collaboration with Chubb colleagues
Qualifications
- Good working knowledge of the insurance market, and experience of dealing with brokers and clients
- Results driven with ability to make decisions and work on your own initiative
- Desire to continue to develop technical and broader business skills
- Property underwriting knowledge and experience is essential. Liability knowledge and experience is preferred but not essential
- Experience working with Real Estate clients and brokers is an advantage but not essential
- Multinational experience is an advantage but not essential as training will be provided
About Us
Chubb is a world leader in insurance. With operations in 54 countries, 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. 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.
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