Senior Underwriter, Construction

Job Description

Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.

Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.

Your Role

The position of Senior Construction Underwriter is within our Construction team. The position involves the underwriting of new and renewal Construction accounts in line with Chubb guidelines as well as developing business from an allocated panel of brokers within their delegated authority. It therefore requires an ability to build and maintain relationships with a panel of brokers and tenacity and skill in pursuing target accounts. It also requires that the individual establishes and executes business plans to maximize opportunities with those brokers. Within Chubb the role requires that the individual coaches and develops less experienced staff, both in technical and soft skills and is able to demonstrate enthusiasm and an ability to make decisions both independently and in collaboration with colleagues and/or managers.

Key Responsibilities:

Achievement of the Personal premium budget

Commercial Underwriting Process / Analysis

• Working within the Construction department, on an assigned broker panel
• Writing a Construction portfolio in accordance with Chubb underwriting strategy
• Select new risks and underwrites renewals for assigned book of business and/or for designated speciality classes or market segments
• Organise and presents significant, complex accounts to Branch, Zone or Home Office for approval as applicable
• The role is split between development work and managing the existing account
• Accounts include a mix of multi-national and Australian domestic business;
• Key player on multi-departmental accounts
• Provide technical leadership for underwriting/marketing in the department or branch including risk referrals and portfolio management; serves as a resource regarding unique coverage needs
• Provide expertise in a speciality given Customer Group or line of business
• Maintain a high level understanding of pricing individual risk exposures
• Assist others in the development of pricing strategies, renewal negotiation strategy and developing game plans on new business submissions
• May serve as a higher level of underwriting authority for others in the team.
• Build and maintain long term relationships with key producers and insureds; deals with producer principals on complex underwriting issues.
• Present to prospective producers; may initiate new producer appointments.
• Identify and shares information within the Branch, Zone or National department regarding competitors products and underwriting.
• Provide expertise on accessing opportunities for growth in a speciality, Customer Group or line of business.

Communication

• Delivering product and capability presentations both internally and to Brokers and clients
• Preparing, delivering and negotiating quotations
• Reporting to department manager for growth, profitability, etc of assigned brokers & Accounts.

Coaching

• Taking referrals and providing training and guidance to less experienced staff.

Qualifications

Key Skills & Experience

• +5 years experience in a Construction or Technical Lines Underwriting and Development role with an insurance company
• Develop creative solutions to unique underwriting situations
• Understand advanced pricing techniques (retro rating, composition of experience mod, etc.), when to use, how to use, how to sell, etc.
• Understand account servicing costs
• Be familiar with developing marketing plans and handling complex accounts.
• Understand the underwriting appetites of the other departments and how those relate to interdepartmental accounts
• Understand the broker selection and appointment process
• Make recommendations for tailoring coverage and manuscripting policies
• Familiar with the products / services of key competitors
• The ability to operate and perform well in a team environment, coordinating with Claims, Loss Control, other SBU's and CIS/ P&C management is required
• Have experience in the interpretation and analysis of claims and appropriate deployment of loss control resources
• Display excellent collaboration, communication and negotiation skills both internally and externally
• Demonstrate ability to effectively train entry level underwriters and to orient new experienced hires
• Working knowledge of Microsoft systems including Excel Word and PowerPoint.

Applications Open: 21/01/2026

Applications Close: 21/02/2026

We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. We also offer a flexible working approach via our "My One Thing" initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.