AVP, Commercial Insurance Portfolio Management

Chubb • Chicago, IL

7d • $125,000 - $175,000

About The Position

Chubb is currently seeking individuals for multiple AVP, Commercial Insurance Portfolio Manager positions. Each individual will play a key role in driving performance and innovation within one Commercial Insurance portfolio - Workers Compensation, Automobile, Property or Casualty - by leveraging data analytics, product and pricing strategy, underwriting strategy, and collaborative partnerships across the organization. The career band/level for this position and location/Chubb office will be determined based on the candidate's experience.

Requirements

• Bachelor’s Degree required.
• Applied experience in underwriting or product management and data analytics/data analysis is preferred.
• Understanding of commercial underwriting and insurance industry theories and practices.
• Demonstrated proficiency in data analytics and analysis, as well as project management.
• Strong attention to detail and critical thinking skills, essential for integrating underwriting strategy, rules, and modeling concepts.
• Experience with or aptitude for insurance pricing models, data analytics, and analysis.
• Excellent communication skills and ability to work collaboratively within a team.
• Proficiency in Microsoft Excel, PowerPoint, and PowerBI.

Responsibilities

• Analyze claims and pricing study data to identify loss drivers impacting the Line of Business portfolio and recommend tactical and strategic changes to drive performance.
• Partner with Line of Business and Industry Practice Leaders on mix and pricing management.
• Define requirements for portfolio monitoring capabilities, including data, reports, tools, visualizations.
• Continuously monitor and report on the health and performance of the Line of Business, providing actionable insights.
• Advance Underwriting by creating and aggregating guided underwriting rules and identifying opportunities to incorporate new data sources and advanced analytics into digitization efforts.
• Conduct deep dive analyses on book segments and provide recommendations to support growth and profit strategies.
• Collaborate with Line of Business and Industry Practice Leaders to tune strategies to optimize results.
• Measure results of initiatives/actions against expectations and communicate findings across stakeholders to create feedback loops and support a learning culture.
• Conduct market and competitor analysis and integrate external perspectives into Line of Business Underwriting, Product and Pricing strategies.
• Work in an agile environment in collaboration with Portfolio Managers across other Lines of Business to drive consistency and efficiency.
• Collaborate with Line of Business/Industry Practice Managers, Analytics, Actuaries, Claims and Corporate Catastrophe teams.

Benefits

• This role may also be eligible to participate in a discretionary annual incentive program.
• Chubb offers a comprehensive benefits package, more details on which can be found on our careers website .
• The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees