NYC Commercial Insurance Financial Institutions P&C Team Leader

NYC Commercial Insurance Financial Institutions P&C Team Leader

We are looking for a strategic and dynamic leader to drive profit growth, and talent development for the New York City Commercial Insurance Financial Institutions Industry Practice.  This is an outstanding growth opportunity for a motivated individual focused on driving successful results. 

Responsibilities 

This role will share in the responsibilities of growth and fostering of internal and external relationships of the Financial Institutions book, directly accountable for 3-4 Underwriters.  This team leader will be responsible for hiring, retention, performance management, and technical training and coaching and development of underwriting staff.

Specific responsibilities include:

• Manage an Underwriting Team of 3+ individuals
• Profit & Loss – Accountability (premium, profitability, growth, retention, and expense plans/results) for FI P&C business credited to the New York Region
• Coordination and collaboration with the Property & Casualty Underwriting Center
• Underwriting Strategy Execution – Shares responsibility of execution of new middle market underwriting and renewal underwriting strategies
• Technical UW/Referral Resource – In collaboration with New York City Leadership Team, Product and Territory Underwriting Managers (TUM), serves as a technical resource for referrals and underwriting authority. Point of contact for branch risks which fall outside of field authority; coordinate efforts with Home Office/Product and Segment leaders
• Quality Assurance – Monitors underwriting quality through quarterly self-audits, referral interactions, and Corporate Underwriting Audits
• Marketplace Focus – Develop opportunities particular to the marketplace and provide customized insurance solutions through local resources
• Marketing Strategy and Execution – Works closely with Field Operations on development and execution of marketing strategy and coordinates marketing and production activities within New York City for the FI P&C portfolio CI business.
• Producer Management – Shared responsibilities for managing region/local producer plant; responsible for cohesive and consistent agency management strategies across assigned distribution.  Facilitates product education/appetite; serves as point person for key local relationships
• Staff Development and Staff Administration (including Performance Management) for the underwriting team – Shares accountability for new hire onboarding, training and development, succession planning, culture of inclusion, coaching and mentoring and retention of staff

 

• Bachelor’s degree
• Minimum 3-5 years P&C underwriting experience with previous leadership experience a plus
• Understanding of middle market Property & Casualty products and appetite
• Strong understanding of field distribution plant (broker, regional, independent agents)
• Demonstrated people management skills
• Strong technical/underwriting leadership skills to manage a team of multiline commercial underwriters
• Advanced marketing and sales skills
• Builds strategic relationships
• Drives customer focus
• Strong negotiations skills
• Demonstrates agility and skillful communication

The pay range for the role is $130,000 to $170,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled. 

 

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, mar