Senior Underwriter, Property

5 days ago

Singapore Combined Insurance Full time

**The job**: You will conduct day to day underwriting and related tasks as part of the Major Accounts Division (MAD) in Singapore. You will be focused on Property and Terrorism products across all of Chubb's distribution channels. **The Major Accounts Division**: We have the mission to be the “best of Chubb” across multi-line underwriting strategies, with dedicated whole-account client executives, market-leading account servicing, and bespoke claims, multi-national and risk engineering services, for large global and domestic accounts. We work together across the MAD to bring these features to our broker partners and clients to form long-term partnerships. MAD clients are companies with a parent company revenue of >USD 500m and typically therefore large and multinational businesses. **As a Senior Underwriter, a typical day would include**: - Responsible for underwriting of insurance products and growing the portfolio of the Property and Terrorism business - Maintain profitable renewal accounts as well as assist in the achievement of financial plans and business strategies to ensure profitable growth for Property & Terrorism - Drive new business through active prospecting, broker engagement, cross-selling, and other strategic initiatives - Develop cross-product team culture and instill can do attitude across the MAD team - Leading the team and MAD Value Proposition in external engagements with our broker partners and clients - Maintain close rapport and relationship with brokers, maintains liaison with producers to obtain necessary underwriting information, promote satisfactory service relationship and to encourage the submission of targeted business - Engage externally with our key clients, engage in client stewardship meetings, client roadshows and other events - Develop a multiline view of some of our key clients’ relationships and broaden your knowledge from the Property product to all solutions that Chubb can offer to maximize the value we bring for broker partners and clients - Secure additional information where necessary and analyses all pertinent data to determine acceptability of risks according to established underwriting standards - Review endorsements on existing policies to identify any change in original coverage or amounts. Evaluates, accepts, rejects or modifies risks within established underwriting guidelines. Assist in preparing submissions for higher review - Ensure that systems are updated with the correct data, maintain rates adequacy, rates validation and uphold our Underwriting philosophy - Coordinate with the support team to ensure valid and timely response on quotations and production of policies, endorsements, certificates, renewal notices, and other administrative requirements - Assist in performing peer reviews and audits - Be a mentor to the Underwriters, Assistant Underwriters and Underwriting Assistants across the multi-line MAD team along the way - Perform ad hoc projects and other related duties as assigned

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