Fire Underwriting Manager Iberia

Chubb is the world's largest publicly traded property and casualty insurance company, renowned for its exceptional underwriting expertise, superior service, and innovative risk management solutions. 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 the Fire Manager for Iberia at Chubb, you will play a pivotal role in driving the growth and profitability of our fire insurance portfolio across Spain and Portugal. Leveraging Chubb's global resources and local market expertise, you will be responsible for developing underwriting strategies, managing key client relationships, and ensuring compliance with regulatory standards. This role offers an exciting opportunity to contribute to Chubb's reputation for excellence in risk management and customer service while shaping the future of fire insurance in the Iberian region.

The role is to provide strategic underwriting direction, produce a profit and to set and achieve the financial goals for the portfolio across the product line across both countries in accordance with the business plan.  To ensure underwriting integrity through appropriate deployment of underwriting guidelines and controls, consistency of approach towards risk selection, pricing and use of capacity whilst recognizing market conditions.

Role responsibilities :

• Financial Goals.  To assist in the financial planning for the Iberian Fire line and ensuring that the goals and requirements as set out in the business plan are achieved. To deliver underwriting profit and meet financial targets as defined in business plan including new business, retention, pricing, loss ratio and business mix.  
• Portfolio Integrity.  To manage portfolio, develop and maintain underwriting integrity by ensuring effective communication throughout both countries to ensure responsiveness to changing business environment.  To ensure quality control of the product line by undertaking quantitative underwriting reviews, running regular management meetings.
• Producer Management.  To manage and support direct reports to achieve business strategies. Engage with Business Development to ensure the Product line strategies are well known internally & externally. Support producer management initiatives with key brokers, strategic partners, and core broker panel in line with plan.
• Leadership Management   Provide direction and guidance to the Fire team. Lead by example. Coach, support, and mentor Fire underwriters across Iberia
  Procedures.  review, develop and implement procedures to maximise operational effectiveness and update underwriting guidelines.  To oversee peer review process to ensure risks are written within guidelines or are forwarded for exception reports.  To enforce regulatory and internal requirements as to workflow, control, and monitoring.
• Chubb Representative.  Represent and promote Chubb and maintain a permanent contact with internal colleagues and clients.
  Maintain a significant involvement in major and high-profile accounts, developing also a consistent strategy in the middle market segment and solving the underwriting issues.
• To work within the framework of Chubb ethical and service standards
  Package. Manage and oversee the direction and best practice of the Fire classes written within multi line packages in line with agreed business goals, strategy & vision.

Role Requirements

• Bachelor's degree in business administration, Economics, Finance, Law, Engineering, or related fields.
• Additional training in insurance (certifications such as CII, CPCU, or similar) is desirable.
• Languages: Fluent in Spanish and English (spoken and written). Knowledge of Portuguese is highly valued.
• Extensive knowledge of Fire insurance products, including industrial, commercial, and catastrophic risks.
• Expertise in risk analysis, catastrophe modelling, and underwriting tools.
• Advanced proficiency in data analysis tools (Excel, Power BI, etc.).
• Familiarity with underwriting management systems and specialized insurance software.
• Minimum 10 years of experience in the insurance sector in property underwriting.
• Experience in the Iberian region or knowledge of the local insurance market.
• Ability to negotiate policy terms and conditions with clients and strategic partners.
• Experience in evaluating and underwriting complex, high-value risks.
• Deep understanding of the insurance market in Iberia, including trends, competitors, and opportunities.
• Familiarity with reinsurance and risk transfer strategies.
• Long-term vision to identify business opportunities and optimize the insurance portfolio.
• Ability to analyse complex situations and make informed decisions.
• Flexibility to adapt to changes in the market or regulations.
• Ability to work in a dynamic and multicultural environment.