.Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.
Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.
Your Role: This position will be principally responsible for the underwriting, administration and operation of an existing Property Portfolio with primary focus/responsibility on the management of MidMarket Property business.
In addition to the existing portfolio, the successful applicant will be required to focus on development of the portfolio by generation of profitable new business in the MidMarket segment.
Your Responsibilities: • Responsible for the profitable development of the Property lines of business within New Zealand and portfolio management in conjunction with the New Zealand Property Manager whilst ensuring achievement of profitable growth objectives
• Underwrite and negotiate renewals and new business in line with Company Guidelines
• Establish sound business relationships with the Company's Producers
• Assist the Growth and Development of the Company by proactively enhancing the Profile of the company through existing and new distribution channels
• Be the primary point person for Chubb in the MidMarket and Independent Broker space
• Establish close liaison and working relationships with other Product Line employees to maximise leveraged benefits to Chubb
• Manage all aspects of underwriting process including, quotation, programme referrals, binding receipt of closings and policy issuance. Recommends changes to standards or procedures where deficiencies have been found
• Assist with premium collections and monthly reporting as required
• Performs special projects and other related duties as assigned
• Establish close liaison and working relationships with the risk management team and refer to them when and where necessary
• Assists the New Zealand Property Manager in developing plans and objectives to grow the business profitably
• Work with legal and compliance to ensure all materials are compliant according to the regulations
• Manage and Monitor New Zealand Earthquake PML's in line with set limits
• Maintain a high level understanding of pricing individual risk exposures
• Assist others in the development of pricing strategies, renewal negotiation strategy and developing game plans on new business submissions
• Identify, analyse and develop sources of desirable new business opportunities including cross-departmental opportunities
• Provide expertise on accessing opportunities for growth in a speciality, Customer Group or line of business
Qualifications.• Demonstrated effective communication, negotiation and interpersonal skills to be capable of dealing with all levels of Chubb personnel as well as in dealing with agents, brokers and clients
• Full understanding of the Insurance Industry and how Client/Broker/Insurer relationships operate
• Proven analytical skills necessary to judge the desirability of complex or unusual risks within assigned specialised line
• Proven record in insurance sales
• Must have leadership and organisational skills through past management experience
• The ability to be able to respond appropriately to all levels of Clients/Brokers and Chubb personnel
• Previous Insurance experience essential – minimum 5 – 10 years. Preferably Property and Commercial lines experience
• Relevant on-the-job experience
• Working towards or obtained ANZIIF qualifications
• Tertiary qualification (Business or Statistics) desirable, but not essential
We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. We also offer a flexible working approach via our "My One Thing" initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.
Job Info Job Identification 6711 Job Schedule Full time Regular or Temporary Regular Business Unit New Zealand Legal Employer Chubb Insurance New Zealand Limited #J-18808-Ljbffr
