Belfast, United Kingdom
21 hours ago
Business Development Underwriter

As part of the UKI team, you will promote Chubb’s capabilities and lead our business and growth ambitions across all lines of business and relationships in our NI/ROI region.  This requires a passion for business development as well as broad knowledge and experience across commercial product lines.

You would also be responsible for property and casualty development underwriting in the Northern Ireland region – acquiring and exercising your own authority in order to quote and bind new business opportunities in-line with our appetite and best practices as well as working with referral points. 

You will report to the Commercial Insurance Manager in Dublin with a matrix to the Country Manager based in Dublin.

Although the role is aligned to our regional hub in Dublin, your time would be apportioned between face-to-face engagement with sales and underwriting colleagues in Dublin, face-to-face business development with the NI broker panel as well as an element of flexible home working.  You will be required to travel to fulfil your duties. 

Our expectation of this position encompasses underwriting excellence, relationship management and an aptitude for negotiating and closing deals. 

Key Responsibilities: 

Broker management and oversight

Drive development and execution of business plans across a panel of NI strategic brokers, driving effective engagement including quarterly business reviews and reporting on key metrics.Work with reporting lines to effectively drive Chubb’s proposition and strategic initiatives across all lines to the NI broker panel.Identify new broker agency opportunities in conjunction with reporting lines and submit agency applications to Broker Appointment Committee as appropriate.Review and actively manage all brokers with fee for service arrangements as well as recommendations for new contracts.Engagement and reporting to management on strategy execution, financials and other key performance and portfolio metrics. Gather market intelligence and communicate effectively with key stakeholders on trends as they relate to our business plan

 P&C Development Underwriting

Develop and exercise appropriate levels of property and casualty underwriting authority to quote and bind new property and casualty business taking in-line with underwriting guidelines and business plans. Positive engagement with product line underwriting management as well as advanced technical underwriting and sales negotiate capabilities.Ensure quality control within defined area of underwriting responsibility by participating in underwriting reviews and peer reviews.Meet best practices in respect of underwriting and service delivery, timeframes for quoting, policy documentation and compliance.

Achievement of financial goals

Achieve the Northern Ireland new business, production and retention plans to achieve growth expectations in the Ireland region.Management of your assigned brokers: Develop a quality pipeline of adequate new and cross sell opportunities for key brokers and drive new business from qualified prospects.Develop, communicate and facilitate achievement of target new business plans with key brokers Manage key metrics such as growth, new business, submission activity through interrogation of key account data with key brokersSupport the achievement of required retention levels for all key product lines, acting as a key account manager for assigned accounts with involvement across product lines and the NUC.

Product Line and Support Function engagement

Work closely with all product lines to drive an aligned growth strategy across the region, keeping abreast of underwriting appetite and strategies.Monitor production and other key operational metrics across key product lines/brokers to identify areas of under- performance and address them with agreed actions.Interaction with various functions including operations, claims, global services, e-trade and NUC teams.

Knowledge & Experience

Extensive commercial insurance experience, preferably with an insurer. Comprehensive technical underwriting knowledge and experience on Commercial Property & Package business as well as a broad understanding of all core insurance products.Experience in strategic business development, sales and broker relationship management of an assigned broker panel, ideally including exposure to Salesforce.Positive reputation as a dynamic business developer and good broker relationships.Excellent communicator, strong negotiation skills and the ability to build good relationships with brokers, customers and internal stakeholders.

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, Employee resource groups, 1 day annual Charitable leave, Employee Assistance program. Please note out benefits package vary in different countries. 

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.

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