Chubb is the worldas 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.
Additional information can be found at: www.chubb.com
The purpose of this role, based in Madrid, is to:
- Work closely with the Financial Lines Manager to maintain and develop the Management Liability and Financial Institutions business in Spain and Portugal.Â
- Experience in underwriting Commercial D&O, Commercial Crime, Commercial PI as well and Financial Institutions is key. Knowledges in Cyber underwriting will be appreciated.
The final candidate will have toÂ
- set, implement and achieve underwriting profit goals in accordance with business plans and to ensure underwriting integrity through appropriate deployment of underwriting guidelines and controls, consistency of approach towards risk selection, pricing and use of capacity whilst recognising market conditions.Â
- deal with brokers on a daily basis and will need to demonstrate commercial skills.
- Underwrite Management liability (Commercial D&O, Commercial Crime, Commercial PI) , Cyber and Financial Institutions Portfolio Management and New business.
- Meet with new and renewal customers and brokers to negotiate coverage, price, financial terms and service delivery.
- Work in conjunction with Sales & Distribution in the development of the key broker panel including visits as outlined in the Segment Plan.
- Work collaboratively and effectively with a team of underwriters, underwriting assistance, customer service representatives and claim examiners.
- Represent and promote Chubb and maintain permanent contact with internal colleagues and clients as well as major domestic ones.Â
- Represent and promote Chubb corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities.
- Underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
- Assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability and ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular meetings and peer reviews.
- Prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines.
- Bacheloras Degree in law, Business Administration, Economist or similar; Masteras degree would be a plus.
- Spanish and English high level a both written and spoken; Portuguese would be a plus.
- Min 4/5 years of working experience in Financial Lines, preferably in D&O, FI and Crime recognized knowledge of industry procedures and practices. Knowledges in Cyber would be appreciated.
- Used to work in a Multinational Company and knowledge of Spanish Insurance Market.
- Negotiations ability and skills.
- Analytical, proactive and communicative.
- Ability to work independently and in a team.Â
- High working capacity and resistance to pressure
- Negotiating, communications and presentation skills
- High level of personal integrity
Muestra tus habilidades a la empresa, rellenar el formulario y deja un toque personal en la carta, ayudará el reclutador en la elección del candidato.
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