Vice President, Multinational Underwriting - HO (Finance)

JOB DESCRIPTION

GENERAL DESCRIPTION:
Work with various support centers of Chubb Global Casualty to coordinate their efforts toward achieving profitable underwriting results for the business unit. These units include Operations, Claims, Actuarial, Loss Control and all other Chubb NA underwriting units. In addition, this position will coordinate with other Major account teams such as Domestic Casualty, Excess, Property, and Construction as necessary to achieve underwriting objectives.

MAJOR DUTIES & RESPONSIBILITIES:

Position will be responsible for the following activities:

FINANCIAL:

• Business plan - assists Branch Underwriting Managers in developing and executing business plan/strategy to achieve financial results in the areas of profit, growth, and expense.
• Monitoring of results - Focus on supporting regions of responsibilities to drive submissions, quote & bind ratios, as well as robust pipeline management to support heavy growth goals. Proactively manages and monitors results and key performance indicators of assigned underwriting teams to achieve desired results including profitability, revenue growth, rate, retention, and compliance.

UNDERWRITING PROCESSES, PROCEDURES, ETC:

• Underwriting referrals - Receiving and responding to a flow of new and renewal business referrals. Decisions require heavy line of business and account experience. Pricing expertise, risk engineering understanding, emerging hazard understanding, and other deep underwriting expertise required. Being a responsive and innovative referral resource operating within delegated level underwriting authority. Refers risks falling outside of authority to senior leadership as appropriate.
• Underwriting policy - assists Branch Underwriting Manager with the development and communication of underwriting policies and procedures for business unit. Through effective leadership and coaching, enhancing field capabilities and reputation in the industry.
• Training and development - Building technical knowledge of field staff in assigned regions. Generating, collecting, and articulating ideas, shaping, and adjusting underwriting strategies and new product development in collaboration with the Multinational Tower across all divisions. Assist in driving multinational focus strategies across Chubb that will results in profitable multinational growth.
• Audit - assists Branch Underwriting Manager in managing and monitoring audit process for business unit to ensure business unit is operating within

CUSTOMER MANAGEMENT:

• Broker/Agent management - in collaboration with Global Casualty Branch Manager, National Segment Leader, and Regional Executive, executes a distribution strategy that drives profitable growth for assigned underwriting teams.
• Exercising deep expertise for Multinational Risks and work with the field underwriters to foster key brokerage relationships and coordinate training specific to multinational.
• Relationship building with key agents and customers within assigned industry and region(s) as well as develop and maintain strong relationships with National Multinational Brokerages.

Education & Experience:

The candidate should have at least 10 years of multinational underwriting experience and demonstrated in-depth expertise in handling complex international accounts. The candidate should have advanced knowledge of commercial underwriting and insurance industry theories and practices especially in casualty and property. The candidate must demonstrate advanced proficiency for designated pay band universal competencies including a track record of results achievement, customer development, collaboration, teamwork, problem solving, and communication and marketing/negotiation skills. The candidate must have strong interpersonal, analytical and negotiation skills and the ability to effectively interact with all levels of internal and external business partners.

The candidate must be well organized and can work independently on projects. Position requires some travel within assigned regions within the U.S. and Canada.

QUALIFICATIONS

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  ABOUT US

  Chubb is a world leader in insurance. With operations in 54 countries, 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

  At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.