AVP, Underwriting

Chubb•Alpharetta, GA

13h

About The Position

The AVP, Underwriting role has the responsibility of ensuring underwriting excellence for the North American Major Accounts Inland Marine Product Line. The role is responsible for providing overall excellence through promoting and supporting the Inland Marine organization through underwriting integrity. This includes contributions to the development and assurances of proper execution on the division’s strategic objectives. The position assists in the development and implementation of operational objectives for underwriting, authority, guidelines, tools, platforms, systems, metrics and product development. The position has accountability for and emphasis on ensuring proper execution, building organizational capability, talent management, and promoting a culture of superior and effective product underwriting.

Requirements

Underwriting excellence for the North American Major Accounts Inland Marine Product Line
Promoting and supporting the Inland Marine organization through underwriting integrity
Contributions to the development and assurances of proper execution on the division’s strategic objectives
Assisting in the development and implementation of operational objectives for underwriting, authority, guidelines, tools, platforms, systems, metrics and product development
Ensuring proper execution, building organizational capability, talent management, and promoting a culture of superior and effective product underwriting
Input on risk selection criteria, exposure evaluation, risk pricing, coverage wordings, market appetite, and emerging risk/underwriting issues
Effective communication with staff and management on present and long-term priorities
Collaboration with Actuarial, Compliance, Loss Control and OGC
Data management including direct involvement of system development
Development and maintenance of underwriting guidelines, forms/wordings libraries, best practices and strategies
Development, implementation and training on workflow procedures
Improving Policy Issuance standards, accuracy and timeliness
Ensuring field underwriting team adherence to guidelines and authority levels
Analyzing product portfolio for opportunities and providing input on product, distribution channel, and geography
Participating in data collection for underwriting strategy, initiatives, portfolio management, and actuarial analytics
Supporting reinsurance placements
Coordinating system access authority and management
Providing input on strategic and operational objectives for North American markets
Developing talent through business dialogue and formal training sessions

Responsibilities

Ensure the achievement of continued profitability, growth, and operational efficiencies of the business unit by providing input on risk selection criteria, exposure evaluation, risk pricing, coverage wordings as well as market appetite and emerging risk/underwriting issues. Communicates with staff and management effectively on both the present and long-term priorities for the business unit and organization.
Champion opportunities and recommendations to enhance efficiencies and performance through close collaboration with Actuarial, Compliance, Loss Control and OGC, as well as data management including direct involvement of system development.
Input and assistance in the development and maintenance of underwriting guidelines, forms/wordings libraries, best practices and strategies.
Development, implementation and training on workflow procedures with focus on continued improvement.
Work closely with Operations to improve Policy Issuance standards, accuracy and timeliness.
Ensure field underwriting team is adhering to guidelines and authority levels including appropriate documentation via business reviews and audits.
Assistance and input on the profitability of the Major Accounts Inland Marine book of business – analyzing product portfolio for opportunities and providing input on product, distribution channel, and geography.
Participate in data collection in support of underwriting strategy and initiatives, portfolio management and actuarial analytics.
Support for reinsurance placements as necessary and as requested.
Coordinate system access authority and management.
Provide input on the development and implementation of strategic and operational objectives for the North American (US & Canada) markets.
Development of talent to meet the objectives of the business unit through day-to-day business dialogue and formal training sessions.