Casualty Underwriter, LMM
Chubb
- Sydney, NSW
- Permanent
- Full-time
- Responsible for the profitable development of LMM Casualty lines of business within the LMM business segment.
- Underwrite new business in line with Company Guidelines.
- Establish sound business relationships with LMM Producers.
- Assist the Growth and Development of the Company by proactively enhancing the profile of the company through existing and new distribution channels.
- Establish close liaison and working relationships with LMM Property underwriters to facilitate whole account underwriting.
- Complete all Administration requirements as necessary.
- 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 as required.
- Assist in the review of agreed broker wordings to ensure they comply with current market conditions and Chubb underwriting disciplines.
- Provide input to the Budget process as required.
- Performs special projects and other related duties as assigned.
- Establish close liaison and working relationships with the claims and the risk management team and refer to them when and where necessary.
- Promote and develop new business opportunities in the LMM sector and specifically in our target industry sectors ,establishing relationships with key brokers who manage business in this segment.
- To be able to deliver a high standard of service and broker relationship management and demonstrate a strong record of profitable new business development
- Looks for solutions to unique underwriting situations.
- Understands pricing techniques.
- Understands account servicing costs.
- Has a working knowledge of alternative risk transfer.
- Understands development of reserves by individual case and by book of business.
- Understands the underwriting appetites of the other departments and how those relate to interdepartmental accounts.
- Understands the broker selection and appointment process.
- Makes recommendations for tailoring coverage and manuscripting policies.
- Is familiar with the products / services of key competitors.
- Is comfortable with a wide range of negotiation techniques.
- Has demonstrated ability to work well with people and influence decisions.