Underwriter - Marine

Job description / Role

Are you an experienced underwriter with experience in Marine, Casualty or other similar business lines?

If you are interested in developing your skills and experience within one of the largest insurers in the world then we would love to hear from you!

This role provides technical support to enable an efficient underwriting process, complying with Chubb's technical and procedural requirements and ensuring speedy and accurate interaction with clients and Brokers

In addition the role has full ownership of the Marine Line of Business and helps in multinational policies peer review process as per FRA regulations and requirements. You will also set up the necessary actions to Develop the Marine portfolio and achieve our Marine target plan.

KEY RESPONSIBILITIES:
- Communicate with brokers / ceding companies / direct clients in respect of submissions.
- Set up the vital plans and actions to Build up and develop Chubb Egypt Marine portfolio.
- Join in the annual production plan preparation as well as forecasts and gather the market intelligence and share with management.
- Prepare and refer Underwriting submissions and print & log policy documentations and all correspondence.
- Assigns our reference number in accordance with the prescribed methodology.
- This includes a soft copy backup in the hard drive and Chubb Archiving system.
- Look up and respond to the Chubb Global Underwriters on account clearance / sign off requests.
- Input submission into the appropriate Chubb software systems.
- Track work in progress (WIP) in the submissions log. WIP includes clearance, submissions to Risk Management, Status of the account and comments as to account progress.
- Convert submission account files that are won to bound files structured to standard Chubb requirements
- Coordinate with Chubb Egypt operation team to book policies and its endorsements as well as related premiums and RI premiums in the Local systems.
- Tracking the receipt of outstanding documentation, such as endorsements, peer reviews, etc.
- Required in the maintenance of bound underwriting files.
- Create any reports and associated tasks that may be required by management.
- Handling Compliance processes (KYC & Bridger) for Marine LOB.

Requirements

REQUIRED EXPERIENCE:
- Proven experience as an underwriter in Marine or other LOBs (preferably in Casualty).
- Past work experience with a Multi National insurance company as an underwriter is preferable but not a must.
- The candidate should have Egyptian nationality.

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 will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About the Company

ACE Insurance MENA Region

The ACE Group of Companies is one of the world's leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide, offices in more than 50 countries, and the ability to do business in more than 140 others.

We take on the responsibility of risk so that our clients can take on the responsibility of making things happen. We call this INSURING PROGRESS.