VP, Underwriting, Hub Leader

Underwriting Profitability & Production:

• Goal achievement – With a focus on large and complex accounts, achieve new and renewal business goals provided by the Senior Vice President of Primary Construction.  Lines of business to include Workers’ Compensation, Commercial General Liability and Commercial Auto.  
• Underwriting Integrity – achieve underwriting standards as outlined within the Primary Construction’s Division’s Portfolio Management guidance, broader divisional underwriting guidelines and authority statements. This includes risk selection, pricing & attachments, and meeting rate change and pricing adequacy goals set forth by portfolio class and/or line of business.
• Team Participation – Take part and support where needed in Chubb’s annual Kickoff Meetings in January and in Chubb Construction’s annual underwriting meetings.  Participate in Quarter Close meetings led by the SVP of Primary Construction and participate in divisional underwriting webinars / conference calls when held.

 

Relationship Management

• Be responsible for executing on a Stewardship plan for existing book of business and maintain timely P&L Statement and Collateral Calculation records for each account.
• In conjunction with the Chubb Construction Industry Practice, Chubb’s Field Operations team and the Global Client Executive practice, support Chubb’s broader strategies on account management, targeting business and expanding product offerings where applicable.  Prepare Executive Account Summaries when needed for senior management.

 

Referral Management

• Follow the appropriate referral protocols, authority statements and Corporate Underwriting guidance on referring applicable business as it pertains to risk selection, pricing, exposures, terms and conditions.   
• Act as a resource to the Primary Construction field underwriting team on reviewing account referrals if needed.

 

Underwriting Administration & Audits

• Ensure proper and timely file maintenance and documentation in conjunction with the Division’s underwriting file guidance, including accurate & timely policy issuance and following appropriate procedures for manuscript forms & endorsements.
• Assist in the Division’s corporate underwriting audits and support the Division’s self-audit process where needed.
• Support the Division’s SVP and CUO in the underwriting file reviews and audits by the Treaty Reinsurance underwriters.

 

Marketing

• Execute a marketing plan as set forth by the SVP in ensuring a certain number of broker and client visits, and in conjunction with Chubb’s Construction Industry Practice marketing and targeting initiatives.  
• Take part in industry events in support of broker and client relationships (such as IRMI, AGC, RIMS) if needed.

 

People

• Effectively utilize all tools to hire, train, develop and retain the best people in the industry.

 MINIMUM REQUIREMENTS

• 10+ years casualty underwriting experience
• Experience underwriting multiple lines of insurance including primary Workers Compensation, General Liability & Automobile Liability
• Knowledge of and experience with Loss Sensitive Rating Structures and Captive Structures
• Bachelor’s degree preferred
• CRIS designation preferred

 DESIRED QUALIFICATIONS

• Demonstrated analytical, strategic planning and organizational skills.
• Excellent communication, influence and negotiation skills with the ability to exercise positive influence over formal and informal organizations and management at all levels.
• Prior experience leading a team of underwriters.
• Proven strategic planning ability as evidenced by successful development and implementation of business and marketing plans.  Previous experience with budgetary/expense management.

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 stren