Reporting Line: direct reporting line to the Middle Market Segment Leader and dotted reporting line to the Financial Lines & Cyber Underwriting Manager.
Role Purpose: Set, implement, and achieve underwriting profit goals in accordance with business plan for Cyber and Infotech. Ensure underwriting integrity through appropriate deployment of underwriting guidelines and controls, consistency of approach towards risk selection, pricing, and the correct use of capacity whilst recognising market conditions.
Key Responsibilities: Underwrite Cyber & Infotech new business and complex renewals according to defined underwriting guidelines, specified budget and local business plan. Portfolio Management: Define and build an underwriting strategy, forecast and portfolio management to achieve underwriting profitability. Ensure quality control within defined area of responsibility by undertaking quantitative underwriting review to develop best performers segments. Product Development: Prioritise and develop products within Cyber Line to improve client retention and new business. The above involves collaborating with peers within and across business lines in Europe. Sales Discipline: Represent and promote Chubb to brokers increasing Chubb market visibility. Have a clear targeting and defined broker visit plan. Maximise cross selling in collaboration with other lines of business. Work closely with the Middle Market Segment Leader in Madrid to ensure we optimise all new business opportunities, and we reinforce our brand within the broker community in Spain. Compliance and Procedures: Comply with all policies, controls, authorities, and reporting requirements. Work within the framework of Chubb service standards, meeting company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues. Work within the framework of Chubb ethical standards. Skills / Experience: University degree in IT or Computer Sciences, Mathematics, Economics, or equivalent qualification. Spanish native or bilingual. Proficiency in English. Min 4/5 years of working experience in market Insurance, in underwriting and sales with recognized knowledge of industry procedures and practices. Used to work in a multinational company. Comprehensive understanding and working knowledge of the Cyber product, the Spanish insurance market. Solid experience in dealing with brokers and clients. Ability to negotiate and get profitable business in accordance with company UW guidelines. Results driven with ability to make own decisions within the scope of technical Underwriting Guides and developed strategy line and work on own initiative. Experience in underwriting and risk analysis without reliance on reinsurance market. Excellent communication and commercial skills. Client orientated and business focus. Understanding on how individual underwriting decisions impact on business results. Advance user of Microsoft office: Word, Excel, PowerPoint, Outlook. Able to embrace Chubb's values: Respect, Customer Focus, Excellence, Integrity and Teamwork. What We Offer in Return: 30+ days of vacation a year. Working from home option. Private medical insurance. Life and accident insurance. Meal allowance. Pension plan. Stock purchase plan. Gympass discount. Employee assistance program. Comprehensive Learning & Development support. 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.
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