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Chubb · 3 days ago

AVP, Underwriting - Regional Inland Marine Manager

Philadelphia, PA

Full-time

Onsite

Mid, Senior Level

$125K/yr - $175K/yr

5+ years exp

Chubb is a world leader in insurance, providing a diverse range of insurance products. The AVP, Underwriting - Regional Inland Marine Manager will be responsible for profitably growing the Marine book of business while managing a team and ensuring effective underwriting and marketing strategies are in place.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

Responsibilities

P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for Marine business credited to the Mid-Atlantic Region. Accountable for renewal center Marine business credited to the Mid-Atlantic Region

Portfolio Management/LOB - Direct profit and loss responsibility for field business; coordination, agency management, and production responsibility across Marine product portfolio

Coordination and collaboration with the Underwriting Center

Underwriting Strategy Execution - Manages execution of new Marine underwriting and renewal underwriting strategy

Technical UW/Referral Resource - In collaboration with Product and Territory Underwriting Managers, serves as technical resource for referrals and underwriting authority for select teams based on technical background. 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 the Mid-Atlantic region for Marine business

Business Development - Directs business development activities and provides guidance for implementing sales and/or product launches

Producer Management: Primary responsibility for managing regional/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 producer relationships

Budget and Expense Administration - Oversees business and budget planning for all business produced within the Mid-Atlantic Marine portfolio. Ensures effective expense administration

Staff Development and Staff Administration (including Performance Management and Compensation) for the underwriting team – Accountable for new hire onboarding, training and developing, succession planning, culture of inclusion, coaching and mentoring and retention of staff. Ensure effective deployment of staff for the Marine team. Oversee workflows, staffing resources, and appropriate application of technology to ensure efficient, cost-effective field operation. Collaborate with HR on performance management and compensation process

Qualification

P&C underwriting experienceMarine products knowledgePeople management skillsTechnical underwriting leadershipMarketingSales skillsStrategic relationshipsAgilityExecutionOperational decision makingCustomer focusCommunication skills