Chubb

Global property & casualty insurer

Casualty Underwriter

UnderwritingPosted on Nov 12

Full-timeBangkok, ThailandNo salary listedIn-person

About the Job

Requirements

Have 3–5 years of working experience in the casualty insurance business.
Have underwriting or marketing proficiency in commercial product lines gained through five or more years of applicable experience in at least two of the following areas: underwriting or marketing, sales or marketing, product management, and claims or risk assessment.
Have a master's degree in business or a related field.
Have knowledge of the Thailand power generation business, Excel, PowerPoint, Microsoft Word, and/or other relevant software applications.
Be capable of working independently and using appropriate automated tools with minimal administrative support.
Have communication and interpersonal skills sufficient to deal with producers, customers, and all levels of the organization in Thai and English.

Responsibilities

Underwrite casualty accounts and direct products within established guidelines, using historical and current data and technological analysis tools to make risk acceptance decisions and apply necessary conditions and rates to appropriately submitted risks.
Solicit additional data, including appropriate loss control surveys, as required, and reduce liabilities through reinsurance.
Document all files according to company requirements.
Prepare submissions for casualty underwriting review when they exceed delegated underwriting authority.
Manage portfolio mix to meet long- and short-term profit and growth objectives.
Work with sales staff to identify and produce new products or packages that meet current or potential market needs and generate casualty underwriting profit.
Obtain approvals from appropriate regional and regulatory authorities in a timely manner.
Establish, implement, and communicate country underwriting policies and procedures, response timetables, and quality standards within approved guidelines.
Work directly with Customer Service Units to ensure timely and accurate issuance of policy documentation.
Support sales staff by sourcing highly technical underwriting information, negotiating with or educating clients and producers, and engaging targeted segments of the business community.
Liaise with claims personnel to ensure information is available for appropriate and timely adjustments.
Provide advice, counsel, and direction to less experienced staff as required.
Participate in country budgeting and forecasting processes.
Perform other duties as assigned.

Within established guidelines, underwrite Casualty accounts and direct products. Using all available historical and current data and technological analysis tools, make decisions regarding risk acceptance applying necessary conditions and rates, for all appropriately submitted risks. Solicit additional data (including the appropriate Loss Control surveys ) as required and reduce liabilities through reinsurance. Ensure all files are document per company
Prepare submissions for Casualty underwriting review beyond delegated under writing authority
Manage portfolio mix to meet profit and growth to meet long and short team profit objectives.
Work with sales staff to identify and produce new product and/or packages to meet current or potential market needs and to generate Casualty underwriting profit. Ensure approvals from appropiate regional and regulatory authorities are obtained timely.
Within approved guidelines, establish, implement and communicate country underwriting policies and procedures, response timetables and quality standards. Work directly with Customer Service Units to ensure timely and accurate issuance of policy documentation.
Provide support to sales staff by personally sourcing highly technical underwriting information, negotiating with or educating clients/producers and targeted segments of the business community
Liaise with claims people to ensure information is available for appropriate and timely adjustments.
Provide advice, counsel and direction to less experienced staff, as required
Participate in the country budgeting, forecasting processes.
Other as assigned

3-5 years working experience in insurance business (Casualty)
Underwriting / marketing proficiency in commercial product lines gained through five or more years of applicable experience in at least two of the following areas: underwriting / marketing, sales/ marketing, product management, and claims and /or risk assessment.
Education: Master Degree in business or related field
Knowledge, skills and abilities: Thailand Power Generation business, Excel, Power Point, MS-words and/or other relevant software applications
Capability to work independently and utilize appropriate automated tools with minimal administrative support.
Superior communications and interpersonal skills to be capable of dealing with producers, customers and all levels of the organization in Thai and English

About the Company

Chubb

Global property & casualty insurer

Chubb is the world’s largest publicly traded property and casualty insurer, offering commercial and personal insurance, reinsurance, life and health products across 54 countries. It underwrites policies by evaluating risk, pricing premiums, and paying claims fairly and promptly when covered events occur. Its breadth of products, extensive distribution, and strong financial position distinguish it from competitors and enable it to serve diverse clients globally. Its goal is to help people and businesses manage risk with clear policy terms and reliable financial protection.

Company size: 10,001+
Company stage: IPO
Headquarters: Zurich, Switzerland
Founded: 1985

Recently Posted Jobs

Explore more opportunities at Chubb

See more jobs