- Senior
- Office in Madrid
Role Purpose:
Experienced Multinational Underwriter required to form a key part of Chubb's Madrid Cyber Team. The successful candidate will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts.
Key Responsibilities
- Driving production opportunities, including devising strategies to grow within Chubb’s Industry Practices.
- Financial Goals. To underwrite new business and renewals according to defined underwriting guidelines, specified budget and local business plan, ensuring alignment between coverage and risk and applying critical thinking to pricing and risk selection.
- Leadership. Demonstrates strong leadership skills in directing and placing business; insured and producer relationships; development of team members in broader understanding of product expertise, while fostering adaptability and supporting others through change.
- Portfolio Integrity. To assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. To ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular management meetings and peer reviews, leveraging data insights to inform decisions and manage the portfolio strategically.
- Product Development. To 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 in Europe as well as globally, demonstrating adaptability and opportunity management in response to evolving market needs.
- Producer Management. To represent and promote Chubb corporately to brokers, internal and external clients. This will involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities, building strong relationships and delivering premium service.
- Manage Key facility relationships, cultivating mutually beneficial internal and external partnerships.
- Procedures. To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business, peer review and compliance issues, ensuring contract knowledge and accurate documentation of underwriting thought processes.
- Chubb Representative. To represent and promote Chubb and maintain a permanent contact with internal colleagues and clients, showcasing business presentation skills and strong communication.
- Technical Ability. Provide technical leadership for underwriting/marketing including risk referrals and portfolio management; serves as a resource regarding unique coverage needs within the evolving Cyber Sector, leveraging technology to enhance underwriting analysis and operational efficiency.
Qualifications
Skills & Experience Required:
- An experienced professional who is recognised externally for their considerable market experience and presence.
- Familiar with developing marketing plans and handling complex multiline accounts.
- Possesses a comprehensive understanding of Cyber product and is adaptable to developing their skillset by learning new lines of business - Casualty.
- Experience of underwriting multinational programmes is preferred.
- Experience of the Spanish Insurance market and competitors, and of dealing with brokers and clients.
- Possesses broader business skills – communication, relationship-building, organisation, IT, business presentation, and negotiation skills.
- Ability to cross sell within Chubb and understand the underwriting appetite of other departments to drive growth across the business, demonstrating sales acumen and opportunity management.
- Results driven with the ability to make own decisions and work on own initiative, with strong prioritization of work and problem-solving skills.
What we offer in return:
- 32 days of vacation a year
- 2 days working from home option + additional flexible days
- Working from home allowance
- Entry time flexibility
- Private medical insurance
- Life and accident insurance
- Meal allowance
- Pension plan
- Stock purchase plan
- Flexible compensation scheme
- Wellhub
- Employee assistance program
- Comprehensive Learning & Development offer
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 are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.
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.
