Climate - Renewable Energy & Alternative Fuel (REAF) / Climate Technology – Underwriter France

Do you want to be part of Chubb’s exciting journey of Industry Practices in Spain, and do you want to underwrite risks related to the climate transition such as renewable energies or climate technology companies?

Background:

This is an exciting opportunity to join our newly created Climate Industry Practice in France. The practice has been developed to drive accelerated, profitable growth in the broad range of energy and climate transition technologies by developing industry specialism across lines of business. Climate IP has two components:

>Renewable Energy & Alternative Fuel (REAF) which includes developers and operators of renewable power assets (wind, solar, geothermal, biomass, hydro, wave & tidal), alternative fuel assets (biofuels, hydrogen, nuclear), the power grid, energy storage, alternative fuel distribution and storage, and other transition technologies such as heating and cooling networks, and carbon capture and storage projects. 

>Climate Technology which includes organizations that develop products, technologies and services with a core focus to (1) reduce greenhouse gas emissions, (2) to adapt to an altered environment, or (3) address the impact of climate change.

Industry Practices differentiate Chubb as a specialist in product alignment, underwriting expertise, and service delivery in selected industries. Our Industry Practice offering is about providing tailored specialist insurance solutions, with capabilities and products that evolve to meet the changing risks of each industry. Industry practices universe in France includes Life Sciences, Technology, Media & Communication, Climate (Renewal energies/Alternative fuel, Climate Technology), Rela Estate and Manufacturing.

 

 

Role Purpose:

The primary purpose of this role is to underwrite construction and operational risks for REAF occupancies, and P&C risks for climate technology companies. The successful candidate will have a good market presence, representing the Climate Industry Practice in broker and client meetings supporting more senior members of the team. They will also work closely with other internal stakeholders across all lines of business plus extending to colleagues in claims, risk engineering and global services to provide excellent service to our brokers and clients. They will also work closely with our other underwriting teams to provide multi-line solutions.

Key responsibilities:

Underwriting – Underwrite new business and renewal accounts according to defined underwriting guidelines and strategies, working closely with risk engineers where appropriate in line with guidance.  Industry Knowledge – Keep appraised of developments in the industry, including projected investment across different REAF & Climate technologies, industry specific challenges and loss activity. Financial - Contribute towards achieving the Industry Practice financial plan.  Training & Mentoring – working to continuously increase knowledge of REAF & Climate technology underwriting, participating in learning and development as required by the REAF IP leader and line of business.  Compliance and Procedures - Meet company standards in respect of policy documentation, contract certainty, peer review, audit, compliance, legal and regulatory requirements.  Leadership - Support Climate Industry Practice in establishing and promoting best practice within the team. Chubb Representative - Represent and promote Chubb to brokers and the value-added proposition the IP brings to brokers and clients.   Business Development - Proactively maintain relationships with key brokers and clients to ensure profitable and sustainable growth, in conjunction with distribution and other key stakeholders. Develop and grow pipeline of opportunities. Contribute towards strategic growth plans with key brokers.  Cross-sell - Pro-actively maximise cross-selling opportunities through collaboration with Chubb colleagues across lines of business. Have a good understanding of Chubb’s risk appetite across core lines of business and a high-level understanding across non-core lines.

Skills & Experience required: 

Good working knowledge of the insurance market, including competitor and broker analysis. Results driven with ability to make decisions and work on your own initiative. Highly motivated and with a solutions mindset and a keen interest in the subject matter including macro and micro factors that impact the industry. Desire to continue to develop technical and broader business skills (technical lines, property, casualty). Ability to pre-empt the needs of more senior members of the team and support on project work. Experience of underwriting traditional energy/power and/or renewable energy/alternative fuel construction and operational property risks.  Good presentation and development skills Fluent English – native French language.