Chubb · 1 month ago
SVP, Reinsurance Services
510 Walnut Street, Philadelphia, PA, 19106, US
Full-time
Onsite
Lead/StaffChubb is a leading global insurance company, and they are seeking an SVP of Reinsurance Services. This high-profile management position is responsible for overseeing all post-placement functions related to ceded reinsurance, including contract administration and cash management.
Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management
Responsibilities
Effectively and efficiently administers the ceded reinsurance business of Chubb North America
Accurately recording contract terms in the reinsurance system set-up for approximately 100 reinsurance programs and a significant number of facultative certificates (~4,500 per year)
Billing and collecting over $3B from reinsurers annually
Applying cash received accurately and timely
Overseeing the payment of ceded premium to reinsurers
Managing collateral, including a no less than annual review of the adequacy and quality of the collateral held and requesting and securing additional collateral as needed
Identifying and executing on opportunities for efficiencies through process improvement, off shoring and enhancements to systems
Production of appropriate management and financial reports
Leading or participating in enterprise projects as needed
Supporting reinsurance placements, including providing timely and accurate historical treaty experience
Providing leadership to the department, including ensuring training and opportunities are provided to the staff to maintain high level of performance
Ensuring the department adheres to all statutory and Chubb requirements related to reinsurance administration
Continually improving the people, process and performance of the unit
Qualification
Required
High profile management experience in reinsurance services
Experience with treaty and facultative ceded reinsurance
Strong leadership skills to manage an organization of more than seventy people
Ability to manage four VP level staff directly
Experience in reinsurance contract administration
Knowledge of cash management and accounting practices
Experience in billing and collections, specifically over $3B from reinsurers annually
Ability to accurately record contract terms in reinsurance systems
Experience in managing collateral and conducting annual reviews of collateral adequacy
Ability to identify and execute on process improvements and efficiencies
Experience in producing management and financial reports
Ability to lead or participate in enterprise projects
Experience in supporting reinsurance placements with accurate historical treaty experience
Commitment to staff training and performance improvement
Knowledge of statutory and Chubb requirements related to reinsurance administration
Company
Chubb
Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.
Founded in 1985
10001+ employees
H1B Sponsorship
Chubb has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$10.25BKey Investors
Berkshire Hathaway
2025-08-04Post Ipo Debt· $1.25B
2024-07-29Post Ipo Debt· $1.3B
2024-05-15Post Ipo Equity· $6.7B
Leadership Team
Annmarie Dugan Hagan
CFO Operations Technology & Transformation Chubb Group
John Keogh
President & Chief Operating Officer
Recent News
Media OutReach Newswire
2026-01-22
Beinsure - Insurance, Reinsurance, InsurTech Insights
2026-01-14
2026-01-08
Company data provided by crunchbase