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Chubb SVP, Underwriting Center Lead in Whitehouse Station, New Jersey

JOB DESCRIPTION

The SVP, Underwriting Center Lead is responsible for the execution of P&C Underwriting Center strategies to achieve growth, profit, and service goals through effective day-to-day management of staff, underwriting processes, marketing, and internal partnerships. The Underwriting Center is responsible for managing a substantial part of Chubb's Commercial Insurance written premium with more than 200 employees under management. This responsibility includes Wilmington Delaware Multinational Business. The SVP, Underwriting Center Lead reports directly to the EVP, North America Underwriting Operations and Head of Digital Engine.

The SVP, Underwriting Center Lead will be responsible for ensuring business results, managing relevant relationships, staff development, and operational effectiveness through the following specific activities:

Strategy:
Understanding the nuances, dynamics, and necessities of flow business.
Able to develop and implement strategic plans within the framework of the UW Centers and in synchronization with the CI Field to meet overall business objectives.
Able to conceptualize and design end state, to enlist key stakeholders, to make directional decisions, and to lead successful execution.
Able to utilize digital capabilities to improve production throughput and to generate capacity.
Tendency to proactively understand constraints and seek enablers and solutions in order to protect business interest.
Ability to develop and implement strategies aiming to create an industry-best Center solution and to promote a unique Center identity.
Leadership:
Promote a culture of ownership and accountability and influence the organization to consistently look for opportunities to identify and close gaps.
Propensity to make fact-based decisions and a constant outlook to bring objectivity where anecdotal has been the norm.
Accustomed to and promoting a culture of transparency and communication throughout the organization.
Drive to forge and maintain relationships based on trust and mutual information exchange with Field leaders, product leads, and distribution; based on a position of value add and proactive posture (not just executing on marching orders).
Able to attract, recruit, develop, and motivate a team of leaders to manage critical business functions.
Able to comprehend the concept and to develop a "team of regional teams" by providing vision, strategy, and tactical coaching.
Process:
Desire to champion and sponsor transformational agendas where business architecture and process optimization are utilized to ensure relevancy in a changing business environment.
Able to initiate and synchronize process and technology improvement plans with other key constituents within the business value chain. Able to identify technology gaps and promote solutions.
Able to devise remedial actions for any identified issues and conduct crisis management when necessary.
Underwriting Excellence:
Able to work with internal and external teams to achieve region and branch new business production, rate, and retention goals.
Promote collaboration when building initial strategy and if need be to course correct with IP and Line of Business leads to ensure book profitability.
Proactively participate in the decision-making process by providing value add information (i.e., elasticity studies, rate and retention scorecards, etc.)
Job Requirements:
The candidate must demonstrate advanced leadership competencies.
The candidate must also have an excellent understanding of Underwriting Center and Branch operations, including:
Strong administrative skills, experience managing producer and agency relationships, developing and managing a cohesive multi-territory marketing strategy; and a broad understanding of industry issues, products, appetites, distribution, regulatory oversight, and compliance.
The candidate must also possess technical underwriting expertise, including proven skills in strategically managing commercial property and casualty issues.
Strong relationships with both U.S. Field Commercial Insurance and IP/LOB managers are critical to success.
Additional requirements include:
Ability to drive profitable growth results; retain a high percentage of our client base and build internal and external partnerships that seamlessly support the Commercial Insurance regional strategies.
Proven ability to execute on Commercial Insurance product strategies through a deep understanding of the underwriting process and by ensuring a profitable mix of business, leveraging high margin segments, implementing aggressive pricing strategies, and disengaging from unprofitable lines/classes of business.
Assures the maintenance of underwriting integrity through education and an effective self-audit process.
Experience in developing, implementing, and continuously improving key processes to improve underwriting productivity and efficiency. Credibility with product managers is important to ensure the success of underwriting process improvements.
Strong underwriting book management skills to ensure the ability to identify key attributes of the underwriting center's book that presents opportunities for us to further streamline our underwriting process in other segments of the commercial book. Additionally, proven ability to spot negative trends and implement the necessary corrective actions.
Strong leadership skills with a track record of success in leading, coaching, and developing underwriting talent. Particular emphasis is placed on the proven ability to collaborate with regional managers, product, underwriting, operations, marketing, human resources, and home office managers to identify priorities and execute strategies to achieve...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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