Chubb · 16 hours ago
SVP, Casualty Product Development Leader
Chubb is a world leader in insurance, and they are seeking a SVP, Casualty Product Development Leader to drive the strategic development and management of casualty insurance products. This role involves overseeing a product management team, ensuring regulatory compliance, and collaborating with various internal stakeholders to support growth and profitability objectives.
Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management
Responsibilities
Lead a product management team consisting of two individuals, overseeing the full spectrum of primary and excess casualty products
Take accountability for end-to end process of bringing new policy contracts, endorsements and other product offerings from concept to regulatory filing and market deployment
Participate in the development and execution of CI casualty growth, profitability, portfolio protection, and regulatory compliance strategies, ensuring products support underwriting intent and strategic goals
Lead system-support and regulatory filing of new products, ensuring alignment with business priorities, operational efficiency, and compliance requirements
Collaborate with Product Services and Actuary to develop class codes and rate filings and manage pricing dislocation analysis and implementation
Own and maintain applicable Policy Administration Systems (PAS) for various lines, including prioritization, testing, and budget management, with a focus on Excess Umbrella, Aviation, Public Entity, Complex and Construction (excluding Benchmarq and Customarq)
Provide leadership over the maintenance and modernization of the existing product library, working with Legal to craft and update policy and endorsement language to meet Portfolio Management needs
Ensure system-support for underwriting guidance, including the use of contracts, forms and attachment rules
Own compliance for primary GL and Excess/Umbrella products, including responding to state regulatory inquires and objections
Review casualty manuscript endorsements to ensure they meet underwriting needs and intent
Monitor ISO activity and competitor trends and adapt product development strategy
Serve as the primary point of contact for broker panel Requests for Proposal, working closely with the Panel Management Team
Manage Conditional Renewal and Non-Renewal notice projects
Qualification
Required
Minimum of 10 years of liability insurance experience in underwriting, product development or policy drafting
Demonstrated proficiency in, or willingness to deepen, casualty underwriting expertise
Proven ability to lead cross-functional teams, influence stakeholders, and drive projects to successful completion
Highly effective at interacting with diverse internal business partners and stakeholders, both in-person and remotely
Demonstrated success in managing multiple priorities and advancing projects simultaneously
Strong skillset in liability insurance, with deep understanding of General Liability, Automobile, and Excess Casualty coverage concepts
Familiarity with, or willingness to learn, the technical nuances of insurance policy wording and the processes behind system-supporting policy forms
Technically skilled and attentive to detail
Effective written and verbal communication skills
Ability to balance strategic vision with attention to detail, achieving results
Experience presenting to senior leaders
Preferred
Bachelor's degree preferred
Experience working in an admitted market is preferred
Benefits
Comprehensive benefits package
Discretionary annual incentive program
Company
Chubb
Chubb is a mortgage firm that offers risk management, property, health, personal, business, health, home, and life insurance.
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
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