Life Sciences Underwriter

Chubb is a dynamic and vibrant environment dedicated to achieving underwriting excellence. We foster a culture of continuous learning and innovation, where collaboration and teamwork are highly valued. Our close-knit community of dedicated professionals are passionate about pushing boundaries and shaping the underwriting landscape.  Join us in a world where your skills will be honed alongside exceptional colleagues, and your influence will help shape the future of the industry. 

This is a hybrid role which requires a minimum of 3 days in the office weekly and flexibility where training/meetings are required.

Role Purpose:

You will join the UKI Life Science team and deliver a high-quality service to our existing and new clients and brokers, whilst practicing and developing technical capability and broader business skills in the Insurance Industry. 

The purpose of this role is to renew an existing book allocation of Property, Liability, PI & Cyber risks for Life Science clients, ranging in size from lower mid-market risks to large multinational programme exposures whilst also building relationships in the local broker market in order to generate new enquiries. 

You will work collaboratively with our UKI branch and distribution teams and will develop key broker and client relationships.

You will also work closely with our claims, risk engineering and global services team to provide excellent service to our brokers and clients, as well as with our other underwriting teams to provide cross-lines solutions.

Key Responsibilities: 

• Development, growth, profitability and service of existing client and acquisition of new business. Responsible for service on a small number of key branch retained accounts, and deliver a personal new business target for UKI.
• Develop to be a technical specialist for Life Science with external profile as a subject matter expert. Representing Chubb externally with brokers and within the sector.
• Obtains and analyses account-specific information and ensures accuracy and compliance with underwriting strategy and authority.
• Build and maintain relationships with a panel of brokers, ensuring our product and proposition is communicated, and working with regional underwriters and distribution to ensure proactive retention, account rounding, upselling and cross-sell opportunities.
• Financial - Contribute towards achieving the Life Science financial plan
• Compliance and Procedures - Meet company standards in respect of policy documentation, contract certainty, peer review, audit, compliance, legal and regulatory requirements.
• Chubb Representative - Represent and promote Chubb to brokers and clients.  Represent the Life Science team internally at production, renewal and other internal Chubb meetings where required.
• Cross-sell - Pro-actively maximise cross-selling opportunities through collaboration with Chubb colleagues

• Good working knowledge of the insurance market, and ideally 5 years’ experience of dealing with brokers and clients
• Experience of the Life Science sector is desired but not essential
• Confidence working with new business and broker relationships 
• Results driven with ability to make decisions and work on your own initiative
• Desire to continue to develop technical and broader business skills
• Property & Casualty underwriting knowledge and experience is essential. PI/Cyber underwriting knowledge and experience is an advantage but not essential as training will be provided
• Multinational experience is an advantage but not essential as training will be provided

We offer in return!

Competitive salary & pension scheme, discretionary bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, hybrid working options, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, Employee Assistance program.

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. And a working environment that’s collaborative and supportive.

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

We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know.