AVP, Regional Underwriting Marine Manager
Chubb
About the role
We are looking for a strategic and dynamic leader to partner with branch and distribution management to profitably grow the Mid-Atlantic Marine book of business. Responsible for growth, profitability and fostering of internal and external relationships for the Marine book. Directly accountable for one (1) Underwriter. This Manager is responsible for underwriting, hiring, retention, performance management, compensation, technical training, coaching, and development of underwriting staff.
Responsibilities
- Growth, profitability, and fostering of internal and external relationships for the Marine book
- Underwriting, hiring, retention, performance management, compensation, technical training, coaching, and development of underwriting staff
- Advancing the sales and marketing expertise of the Marine team
- Portfolio Management/LOB - Direct profit and loss responsibility for field business
- 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
- 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
- Budget and Expense Administration - Oversees business and budget planning for all business produced within the Mid-Atlantic Marine portfolio
- Staff Development and Staff Administration (including Performance Management and Compensation) for the underwriting team
- Qualifications: Minimum 5-7 years P&C underwriting experience with previous leadership experience
- Responsibilities: P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for Marine business credited to the Mid-Atlantic Region
- Responsibilities: Portfolio Management/LOB - Direct profit and loss responsibility for field business
- Responsibilities: Coordination and collaboration with the Underwriting Center
- Responsibilities: Underwriting Strategy Execution - Manages execution of new Marine underwriting and renewal underwriting strategy
- Responsibilities: 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
- Responsibilities: Quality Assurance - Monitors underwriting quality through quarterly self-audits, referral interactions, and Corporate Underwriting audits
- Responsibilities: Marketplace Focus - Develop opportunities particular to the marketplace and provide customized insurance solutions through local resources
- Responsibilities: 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
- Responsibilities: Business Development - Directs business development activities and provides guidance for implementing sales and/or product launches
- Responsibilities: Producer Management: Primary responsibility for managing regional/local producer plant
- Responsibilities: Budget and Expense Administration - Oversees business and budget planning for all business produced within the Mid-Atlantic Marine portfolio
- Responsibilities: Staff Development and Staff Administration (including Performance Management and Compensation) for the underwriting team
- Requirements: Minimum 5-7 years P&C underwriting experience with previous leadership experience
- Requirements: Understanding of middle market Marine products and appetite with Inland Marine, Cargo and Builder’s Risk experience preferred
- Requirements: Strong understanding of field distribution plant (broker, regional, independent agents)
- Requirements: Demonstrated people management skills
- Requirements: Strong technical/underwriting leadership skills
- Requirements: Advanced marketing and sales skills
- Requirements: Builds strategic relationships
- Requirements: Drives customer focus
- Requirements: Demonstrates agility
- Requirements: Drives execution
- Requirements: Exerts operational decision making
- Requirements: Exhibits skillful communication
Requirements
- Minimum 5-7 years P&C underwriting experience with previous leadership experience
- Understanding of middle market Marine products and appetite with Inland Marine, Cargo and Builder’s Risk experience preferred
- Strong understanding of field distribution plant (broker, regional, independent agents)
- Demonstrated people management skills
- Strong technical/underwriting leadership skills
- Advanced marketing and sales skills
- Builds strategic relationships
- Drives customer focus
- Demonstrates agility
- Drives execution
- Exerts operational decision making
- Exhibits skillful communication
Benefits
- Comprehensive benefits package
- 401k matching
- Health insurance
- Discretionary annual incentive program
About the Company
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.
Job Details
Salary Range
$125,000 - $175,000/yearly
Location
Philadelphia, PA, United States
Employment Type
Full-time, Regular
Original Posting
View on company website