SVP, Deputy Commercial Insurance Regional Manager (Finance)
JOB DESCRIPTION
The total premium for Commercial Insurance for the Midwest region is $1.8B of which Property & Casualty is $1.4B. This individual will have direct accountability for four to six branch offices with the local CI Manager reporting directly to the Deputy CI Regional Manager. Additionally, this individual will have responsibilities for the Specialties in Multinational, Environmental, A&H, Aviation, Public Entity, and Marine Facilities for the region. This individual will work directly with the Midwest Region Commercial Insurance Manager to execute on the region business plan.
This Manager is responsible for hiring, retention, performance management, compensation and technical training and coaching and development for multiline underwriting staff along with the Commercial Insurance Regional Manager. The Manager is also responsible for advancing the sales and marketing expertise of the region Commercial Insurance P&C team. Specific responsibilities include:
- P&L - Accountability (premium, profitability, growth, retention, and expense plans/results)
- Portfolio Management/LOB - Direct profit and loss responsibility for field (middle market) business; coordination, agency management, and production responsibility across Commercial Insurance P&C product portfolio. Coordination and collaboration with the P&C Underwriting Center in Whitehouse Station.
- Underwriting Strategy Execution - Manages execution of assigned group's strategies.
- Quality Assurance/Corporate Underwriting Audits - this individual will manage the region self audit process holding the CI Manager accountable for completion. Additionally, identify trends from the self audits; follow up on areas of needed improvement; and coordinate training as needed.
- Marketplace Focus - Develop opportunities particular to the marketplace and provide customized approaches on market conditions and agency needs.
- Marketing Strategy and Execution - Works closely with Field Operations & the Midwest Region Commercial Insurance Manager on development and execution of marketing strategy and coordinates marketing and production activities within the Midwest region for the Property & Casualty portfolio of Commercial Insurance Business.
- Key Account Management - work closely with the region CI Manager's to execute on the key account management with specific focus on strategy and process.
- 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; responsible for cohesive and consistent agency management strategies across assigned locations. Facilitates product education/appetite; serves as point person for key local producer relationships.
- Budget and Expense Administration - works closely with OSD and the Midwest Region Commercial Insurance Manager to ensure adherence to budget and expense guidelines
- Staff Development and Staff Administration (including Performance Management and Compensation) - Accountable for new hire onboarding, training and developing, succession planning, culture of inclusion, coaching and mentoring and retention of staff.
QUALIFICATIONS
- Understanding
ABOUT US
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.
