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Chubb

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

AVP, Construction Underwriting Manager

InsuranceInsuranceFull TimeRemoteLeadTeam 1,001-5,000

Location

United States

Posted

75 days ago

Salary

$129K - $189K / year

Seniority

Lead

No structured requirement data.

Job Description

AVP, Construction Underwriting Manager

Chubb

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 Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

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