Insurance Apprenticeship, Chubb Academy - Underwriting

Building a Better Future 

Do you want to grow your career ladder without incurring tuition fees? Do you want to be supported in further education and obtain an industry recognised qualification? Are you interested in working with colleagues in other countries and functions to help give peace of mind to individuals and businesses alike? If so, then Chubb Academy might be the place for you…

By learning while you earn, you’ll gain valuable hands-on experience of working in a stimulating environment. With numerous opportunities to develop your skills for a long-term, rewarding career, joining Chubb will give you a great head start.  

• Competitive salaries that grow with your experience 
• Personal and professional development 
• A demanding but rewarding programme 
• Positions available across the UK 
• A programme of attractive benefits 
• Comprehensive on-the-job training 
• Full support towards professional qualifications 
• Opportunities for a permanent position when you finish
• Offering an inclusive and supportive environment where everyone can shine.

Looking to develop your skills and career within Insurance?

Chubb Apprenticeship programme is a 24-month programme providing a foundation for an insurance focused career, which involves 20% structured learning and 80% on-the-job training (practice). Learning will focus on Chubb’s Craftmanship Curriculum and technical training relevant to the insurance industry, Chubb systems, digital, business, and personal development skills.

The on-the-job training will be on site in a defined Chubb UK office working with the local teams. Each job holder will have a mentor/buddy to help them navigate through professional situations in their early development.

Positions within our Property Package, Cyber and Casualty underwriting teams with a view of moving into a professional role within the organisation.  The programme is aimed at people with minimal work experience in the Insurance sector, who would like to change their career or who want to kick-start or accelerate their career.

Where appropriate, the jobholder will be involved in cross-functional projects allowing them to expand their network and be exposed to senior management.

What the role entails

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.