VP Underwriting, Regional Manager

JOB DESCRIPTION

Chubb is seeking a Regional PRV/NFP Manager for the Midwest I Region, encompassing the following branches: Chicago, Schaumburg, Milwaukee and Des Moines to drive leadership, growth, and profit for Private/Nonprofit (PNP) financial lines business.

The region consists of managing both regional and branch operations that generate a combined PNP gross written premium of approximately $100M (excl.

MW PE team) and responsibilities over 11 field production underwriters/managers.

The Regional Financial Lines Manager will report into the Central Zone PNP Production & Distribution zonal manager.

This position will be located in Chicago.

Responsibilities:

Revenue Generation and Distribution Management:


* Regional P&L accountability for premium, profitability, growth, retention, and expense plans/results.


* Meet or exceed divisional performance relative to submission growth and quote to submit ratios.


* Manage execution of underwriting strategies and proper risk selection to ensure the profitability of the regional PNP portfolio.


* Articulates strategies and priorities internally with the PNP team, regional branch and commercial insurance colleagues, and externally with producers and clients.


* Provides referral resource including managing capacity deployment, attachment profile, use of reinsurance and diversification of product mix to maximize profitable growth and manage volatility.


* Directs business development and underwriting activities and provides guidance for implementing sales and marketing strategies.


* Build, maintain and leverage meaningful relationships with key regional brokers and agents.


* Represent Chubb North America Financial Lines in the regional marketplace amongst brokers, customers, competitors and industry organizations; must be able to play a key leadership role accordingly.

Talent Management:


* Leads all Financial Lines Branch Managers and PNP underwriting teams embedded in the region.


* Oversees workflows, staffing resources and appropriate application of technology to ensure efficient, cost-effective field operation.

Aligns regional talent to adapt to changes in Chubb strategy or the marketplace.


* Strategically develops a talent plan across the region, including the active demonstration of support for diversity and inclusion.

Review authority and officer titling for team semi-annually.


* Ensures the completion of all phases of performance management (i.e., development planning, goal setting, mid-year and year-end reviews) and compensation for the territory.


* Ensure effective leadership in talent management across the region.


* Meet regularly with branch managers & underwriters to offer and solicit feedback regarding performance, business results, key deliverables and best practices.

Coach and mentor underwriting staff through account referral process.


* Encourage engagement in internal training sessions and attendance at external i...