AVP, Construction Underwriting Manager

Chubb Custom Solutions is looking for an AVP, Construction Underwriting Manager, responsible for leading all aspects of our construction practice countrywide located in our Whitehouse Station, NJ or remote, reporting to the SVP, Underwriting Manager.  The successful candidate will have direct reporting relationships for an underwriting team of 5 Underwriters. 

Position Description: 
The Construction Underwriting Manager+ will work as an integral part of the Custom Solutions leadership team by contributing to the achievement of business results. This individual must demonstrate the ability to effectively transfer knowledge to the staff enabling them to grow and develop as underwriters while demonstrating strong business acumen and a balanced underwriting approach. Success in this role will require strong oral and written communication skills, ability to speak in a public forum, demonstration of collaboration skills with various stakeholders, knowledge of the insurance marketplace and strong negotiation skills. 

Additional responsibilities include:

Financial Growth and Profit: Drive processes that lead to the achievement of growth and profit targets. Execute on underwriting strategy and assure underwriting integrity.  

Staff Development: Develop and train staff for high level performance in line with PRS’s demanding underwriting and service standards. Continually provide expertise and knowledge where needed.  Create a work environment that inspires high levels of performance, facilitates teamwork and capitalizes on each individual’s strengths and differences. 

Underwriting Service: Manage the underwriting service aspects of the producer relationships to achieve and exceed growth goals with strong profit results. Work with producers to increase business opportunities for Chubb.  Partner with the other areas of PRS, including field marketing and operations, to coordinate excellent service for producers.  Achieve policy issuance standards, quality output and responsive service.

Operating Efficiency: Optimize underwriting resources by critically reviewing the type of work and regularly advance recommendations to improve operational efficiency and organizational effectiveness that ensures use of the full power of the organization.    

Job Responsibilities:   

• Direct supervision of 5+ underwriters responsible for all forms of HNW construction underwriting
• Work in conjunction with leadership to set pricing, to have deep knowledge of the market for pricing as well as loss trends
• Responsible for growth and retention of the book of business
• Handle referrals for authority
• Provide ongoing performance coaching to maximize individual employee contributions and achievement of goals  
• Identify training and developmental needs of direct reports, establish development plans and execute performance management processes
• Evaluate team and individual productivity and timeliness results to maximize efficiency
• Conduct and report on quarterly self-audits   
• Maintain and develop relationships with largest brokers in region
• Coach underwriters to work with branch on Agency Management
• Enhance underwriter’s agency management skills 
• Recruit, onboard and coordinate training for new team members

• Bachelor’s degree required
• Personal Lines Underwriting experience
• Proven leadership capabilities
• Strong business and financial acumen
• Superior communication, interpersonal and process management skills
• Effective influence/collaboration capabilities 
• Ability to effectively multitask and balance multiple priorities
• Results orientation
• Demonstrated record of teamwork

The pay range for the role is $129,800 to $189,200. 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 at https://careers.chubb.com/global/en/north-america.  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