Job Vacancy

Insurance Apprenticeship – Underwriting – Chubb

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The Chubb Apprenticeship programme is a 24-month scheme providing a foundation for an insurance career, which involves 20% structured learning and 80% on-the-job training. The on-the-job training will be on site in a Chubb UK office working within one of our Property Package, Cyber and Casualty underwriting teams.

Role

The purpose of the role is to provide a foundation to an insurance focused career in underwriting. The job involves working to tight deadlines, working under pressure and using technology.

Underwriting

At Chubb we offer the chance to learn how to understand complex financial and technical risks, negotiate deals and innovate new ways of working. Underwriting involves researching what a company does, analysing what could go wrong and quantifying what the financial risks are.

The purpose of the role is to provide a foundation to an insurance focused career in underwriting. As part of your development and to support your team you will:

  • Learn how to assess the different risks and how to set terms and complete your underwriting tasks in line with our best practice guidelines.
  • Carry out a variety of tasks such as making simple changes to policies, negotiating with brokers and chasing up and agreeing small policy changes.
  • Take ownership of a small portfolio of renewal or new business accounts. Develop the skills and capabilities needed to be granted authority to make decisions independently of your supervisor. 

Training

In addition to the Insurance Practitioner Level 3 Apprenticeship Standard, you will work towards your Certificate in Insurance (Cert CII).

Chubb provides a broad range of on the job as well as structured learning provided by our own in-house technical experts as well as selected third parties. Apprentices will also have access to training on data analytics, project management, digital innovation, influencing skills and leadership.  

As part of this programme Apprentices will also have the opportunity to travel to a number of UK offices and at least one of our European offices.

Once you’ve completed your apprenticeship, we’ll support you so that you have the opportunity to find a role that best suits you and explore different career paths. We’ll give you the support, training, and tools you need to continue to excel in whatever you choose.

Apprenticeship Standard
Insurance practitioner (level 3)
Training Provider
DAVIES LEARNING SOLUTIONS LIMITED
Working Week
Successful candidates would be working 35 hours per week from Monday to Friday. Shifts to be confirmed.
Expected Duration
24 Months
Positions Available
3
Closing Date
Friday, 24th May 2024
Start Date
Monday, 9th September 2024

Desired Skills

  • Communication skills
  • Attention to detail
  • Organisation skills
  • Customer care skills
  • Logical
  • Team working
  • Numerical Data Skills
  • Practical
  • Adaptable

Qualifications

  • Minimum of 5 GCSEs including Maths and English GCSE or equivalent, grade Grade 4 or above (Essential)

About the Employer

Chubb Insurance
Chubb is one of the world's largest publicly traded property and casualty insurer. Across Europe, Middle East, and Africa we operate in 28 countries and have more than 59 offices! As an underwriting company, we use a wide range of skills to understand our customers’ needs and deliver the right cover, so that if they need us, we are there to get them back on their feet after a loss. We combine the precision of craftsmanship with decades of experience to craft and deliver the very best insurance coverage and service to individuals and families, and businesses of all sizes.
Company
Chubb Insurance
Location
Abbey House, 32 Booth Street, Manchester, England
Employment Type
Advanced Apprenticeship
Salary
£22,000.00
Posted
Apply Now
Apply Now
Company
Chubb Insurance
Location
Abbey House, 32 Booth Street, Manchester, England
Employment Type
Advanced Apprenticeship
Salary
£22,000.00
Posted