Cyber Underwriter, Middle Market

Cyber Underwriter, Middle Market

Location:

Chubb Birmingham, England, United Kingdom

Job Description
Are you an experienced Underwriter with Cyber knowledge? If so, we would love to hear from you. We are seeking an experienced Underwriter to be a key part of Chubb's Cyber Underwriting team. This role will focus on new business development in the upper SME/lower middle‑market segment. You would be responsible for new business underwriting and trading with broker partners, including pipelining, quoting, negotiating and writing new Cyber business.

This position will suit someone with experience of Cyber in the SME/lower middle‑market segment and will have a core focus on growing Chubb’s external profile in the market.

• Work closely with the Regional Cyber Manager to drive development opportunities, including devising strategies to achieve depth and breadth penetration of the market in Cyber Insurance.
• Financial Goals:
  Underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
• Portfolio Integrity:
  Assist in formulating underwriting strategy, forecasts and portfolio management to achieve underwriting profitability. Ensure quality control within defined area of responsibility through quantitative underwriting reviews, running management meetings and peer reviews.
• Product Development:
  Prioritise and develop products within area of specialist expertise to improve client retention and new business. May involve collaborating with peers within and across business lines in Europe as well as globally.
• Producer Management:
  Represent and promote Chubb corporately to brokers, internal and external clients. Service key producers and clients, monitor business acquisition and retention, maximise cross‑selling opportunities and execute business plans to maximise opportunities with brokers.
• Procedures:
  Meet company standards in respect of policy documentation, time frames for quoting new and renewal business and compliance issues.
• Operational Management:
  Manage junior colleagues using peer review process, providing mentoring, training and coaching where appropriate to build a high‑quality underwriting team and allocate resources to meet objectives.
• Chubb Representative:
  Represent and promote Chubb and maintain permanent contact with internal colleagues and clients, including major clients.
• Build and maintain a strong external reputation, behaving consistently with Chubb’s core values and culture both internally and externally.

• Experience in Cyber or Professional Indemnity lines of business and dealing directly with clients on complex matters.
• Basic knowledge of insurance and proactive in identifying opportunities and taking initiatives to support business goals.
• Excellent communication with strong influencing and negotiation skills, written and verbal.
• Ability to build solid business relationships with brokers and customers, demonstrating analytical and financial analysis skills.
• Proficiency in sales and marketing, proactive self‑starter, confident to make decisions independently and in collaboration with colleagues or managers, and will refer to colleagues when required.

• Competitive Salary, Non‑Contributory Pension & Annual Bonus Scheme
• 25 days Annual Leave plus ability to purchase 5 additional days
• Private Medical Cover, Employee Share Purchase Plan, Life Assurance & Subsidised Gym Membership
• Learning & Development Offerings, Networking, Mentoring & Development Opportunities
• 1‑day annual Charitable leave, Cycle to Work Scheme, Active Sports & Social Committee, Employee Assistance Program
• Flexible Working

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 in a collaborative and supportive environment.

Diversity & Inclusion
At Chubb we consider our people our chief competitive advantage and we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

About Us
Chubb is a world leader in insurance. With operations in 54 countries, 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. The company is distinguished by extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.