Cyber Underwriter for Middle Market
hace 4 semanas
As a Cyber Underwriter for Middle Market, you will be responsible for setting, implementing, and achieving underwriting profit goals in accordance with the business plan for Cyber and Infotech. Your role will involve ensuring 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. Define and build an underwriting strategy, forecast, and portfolio management to achieve underwriting profitability. Ensure quality control within the defined area of responsibility by undertaking quantitative underwriting review to develop best-performing segments. Prioritise and develop products within Cyber Line to improve client retention and new business. Collaborate with peers within and across business lines in Europe to promote Chubb and increase market visibility. Work closely with the Middle Market Segment Leader in Madrid to ensure we optimise all new business opportunities and reinforce our brand within the broker community in Spain. 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.
Requirements
University degree in IT or Computer Sciences, Mathematics, Economics, or equivalent qualification. Spanish native or bilingual. Proficiency in English. Minimum 4-5 years of working experience in the insurance market, in underwriting and sales with recognised knowledge of industry procedures and practices. Experience working in a multinational company. Comprehensive understanding and working knowledge of the Cyber product and the Spanish insurance market. Solid experience in dealing with brokers and clients. Ability to negotiate and secure profitable business in accordance with company underwriting guidelines. Results-driven with the ability to make 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 the reinsurance market. Excellent communication and commercial skills. Client-oriented and business-focused. Understanding of how individual underwriting decisions impact business results.
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