Underwriter (German Speaking)

Job Description

The Continental Europe Underwriting Center in Madrid is an integral part of Chubb's EMEA business. By joining Chubb's multilingual and multiline business in Madrid, you will support small and medium sized clients (and the brokers who serve them), in their own language.
The position reports directly to Team Leader for Germany.

Responsibilities:

• Provide excellent service to brokers and be a key contact for external and internal stakeholders, including the local country, for business processed in the underwriting center.
• Underwrite, evaluate, and price risks in accordance with Chubb guidelines and underwriting authority, ensuring alignment between coverage and customer needs.
• Work closely with underwriting and sales teams based in France to ensure portfolio sustainability, promote our offering, and exploit cross-selling opportunities.
• Demonstrate adaptability by adjusting and responding effectively to changing circumstances, market conditions, regulatory changes, and customer needs.
• Review and adapt underwriting offers, leading contract negotiations with brokers.
• Support brokers handling small and medium size enterprises by maintaining good commercial relationships, providing quality service and meeting deadlines by phone and email, with occasional visits as necessary.
• Ensure effective management of policies throughout their life cycle, including documenting underwriting thought processes to memorialize rationale and risk selection.
• Cooperate with internal departments such as Operations, Claims, and Small and Middle Market Segments leaders.
• Leverage technology to enhance underwriting analysis, streamline operations, and improve decision-making.
• Analyze data insights to extract meaningful and actionable information from complex data sets, uncovering hidden patterns and trends to inform underwriting decisions.
• Support all developments necessary to achieve our business strategies.

Qualifications

Requirements and skills:

• Native speaker or fluent in German is a must
• Business level of English is a must
• Bachelor's degree in engineering is an advantage.
• Insurance background is preferable
• Prior underwriter experience in Property is preferable
• Proficiency in Microsoft Office tools (Excel, Outlook and Word).
• Strong communication and relationship-building skills to cultivate mutually beneficial internal and external partnerships.
• Critical thinking to break down complex problems, analyze relationships, and draw logical conclusions.
• Attention to detail, prioritization of work, and adherence to deadlines to optimize workflow and deliver high-quality results.
• Sales acumen to identify customer needs, provide valued solutions, and maximize opportunities for profitable business.
• Adaptability to embrace change and adjust strategies in response to evolving conditions.

What we offer in return:

• 32 days of vacation a year
• 2 days working from home option + additional flexible days
• Working from home allowance
• Entry time flexibility
• Private medical insurance
• Life and accident insurance
• Meal allowance
• Pension plan
• Stock purchase plan
• Flexible compensation scheme
• Wellhub
• Employee assistance program
• Comprehensive Learning & Development offer

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 in your application or in any future discussions with our recruiters.

Equal Opportunity Statement
It is our policy to provide equal employment opportunity in all of our employment practices without regard to race, color, religion, sex, national origin, ancestry, marital status, age, individuals with disabilities, sexual orientation or gender identity or expression or any other legally protected category.

Applicants for positions with Chubb Spain must be legally authorized to work in Spain.