Underwriter / Snr Underwriter - Power

1 week ago


Dubai, Dubai, United Arab Emirates Chubb INA Holdings Inc. Full time
Do you have Underwriting or Senior Underwriting experience relating to Power risks?

If you are passionate about developing your skills and career within one of the largest insurers in the world with excellent staff benefits and offices in 54 countries, then we would love to hear from you


This exciting role could suit an existing Underwriter who is hungry, motivated, inquisitive and in need of a new challenge.

We will consider a similar minded hardworking Underwriter who feels ready to take the next step in their career.

We require someone to underwrite contractors all risks, property and casualty business emanating from brokers.

Maintaining and building relationships with our panel of brokers with a view to writing additional new business is key to the success of this role as well as growing the existing portfolio in line with our agreed growth, pricing and retention budget.


KEY RESPONSIBILITIES
Meet the portfolio product line objectives of the Tech Lines (Power) Department for each underwriting year.

Assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability.

Business will emanate from various brokers and ceding companies.

Travel the region with a view to promoting CHUBB and developing broker and cedant relationships

You will play a key role in the development of new business leads initiated by:

  • Meeting with the broker Account Director/Executive, or other broker contact, to negotiate the best price, terms and conditions for Chubb.


Following up on the quote provided to the broker contact (including, by way of phone call or further meeting) to ensure Chubb successfully writes the piece of business.

Being present at presentations, about Chubb and the quote, to brokers and/or clients.


Maintaining our existing portfolio with the agreed targets for the year and developing and building a professional relationship with our clients.


Demonstrating understanding that a good client relationship constitutes the 3 parts in the process (The client, the broker and Chubb).


Meeting company standards relating to accuracy of policy documentation, premiums being debited on time, ie by the month end close, and compliance with regulatory standards in respect of contract certainty.


Qualifications:

EXPERIENCE REQUIRED
Deep understanding and working knowledge of a construction/Power line, the insurance and reinsurance market and competitors.

Proven experience of dealing with brokers and clients.

Results driven with ability work on own initiative.

An expert underwriting professional with a strong reputation.

Excellent planning, proactivity, using initiative and being a good communicator.

Fluent in English (written and spoken)

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.
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