Madrid, Spain
19 hours ago
Trainee Underwriter Germany (Madrid based)

Kickstart Your Career in Underwriting

Are you looking to develop your skills and career within the insurance industry?

Are you just starting out on your career journey and are eager to develop your skills set? Do you want a job where you can make a real impact to the business? Are you interested in working for a dynamic global organization where international interactions are part of our daily life?

If so, then Chubb Academy might be the perfect place for you!

 

Why Chubb?

Chubb is the world's largest publicly traded property and casualty insurer. Operating in 29 countries across EMEA with over 60 offices, we pride ourselves on our underwriting expertise. Underwriting is the process of evaluating risks and determining the appropriate coverage for our clients. As an underwriter, you will play a crucial role in helping individuals and businesses recover from losses by providing them with the right insurance solutions. We combine craftsmanship with decades of experience to deliver the best insurance coverage and service to our clients.

 

What is Chubb Academy?

Chubb Academy is an 18-month career with a permanent contract that offers successful candidates the chance to develop essential skills in the insurance industry, particularly in underwriting across multiple products. We believe in learning by doing, so you will spend most of your time working alongside our talented employees, supplemented by structured learning and personal development.

 

Understanding Underwriting

As an underwriting professional, you will learn to use advanced tools to assess the risks that Chubb can cover. You will be at the heart of our business, interacting daily with diverse teams that support the underwriting process. Your role will evolve to be working closely with clients and brokers to provide consistent, exceptional service.

 

What We Offer

Chubb Academy serves as a foundational building block for an internationally focused career in property and casualty commercial insurance, with opportunities to transition into various professional roles within the organization. Over the course of 18 months, successful candidates will spend 20% of their time in structured learning and 80% in on-the-job training. Training will be based on Chubb’s Craftsmanship Curriculum, covering technical training relevant to the insurance industry, Chubb systems, and essential digital and business skills. Each participant will have a mentor or buddy to guide them through professional situations during their early development. You will be part of an international community, and our bi-annual in-person meetings in various European locations will allow you to expand your network, learn from a variety of knowledgeable Chubb colleagues, and gain exposure to senior management.

 

What You’ll Gain

Through the Chubb Academy program, you will build new skills and capabilities, including:

Underwriting skills across a range of insurance products. Customer-focused thinking aimed at maintaining a profitable portfolio and identifying emerging market needs. Digital capabilities that enable data-driven decision-making. A solid understanding of end-to-end underwriting processes and the ability to manage customer portfolios. Cultural awareness and the ability to work in diverse environments.

Who We’re Looking For

Our aim is to build a diverse and mobile community of talent, and the program is designed for candidates eager to kick-start or accelerate their careers.

Bilingual/native level in German. Advanced level in English.  A strong interest in building a successful and long-term international career in underwriting role within our organization. A fast learner with a “can-do” mentality, committed to delivering excellence. Excellent communication skills, with the ability to manage stakeholders effectively. A proactive, solution-oriented approach to challenges. Previous experience in the insurance sector is not required. 

 

What We Offer in Return

32 days of vacation a year Permanent contract 2 days of working from home option + additional flexible days Working from home allowance Entry time flexibility Medical insurance Life and accident insurance Meal allowance Flexible compensation scheme Wellhub Comprehensive Learning&Development 

 

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. Please contact us to request accommodation

Equal Opportunity Statement
It is our policy to provide equal employment opportunity in all of our employment practices without regard to race, color, religion, sex, national origin, ancestry, marital status, age, individuals with disabilities, sexual orientation or gender identity or expression or any other legally protected category. 


Applicants for positions with Chubb Spain must be legally authorized to work in Spain.

 

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