SVP, Casualty Product Development Leader

Chubb•Readington Township, NJ

About The Position

Chubb is seeking a SVP, Casualty Product Development Leader to drive the strategic development, implementation and ongoing management of middle market-focused primary General Liability (GL) and Excess/Umbrella insurance products. This role is pivotal to advancing Commercial Insurance’s, CI, growth, profitability and compliance objectives and will report to the EVP, Commercial Insurance Casualty Line of Business Manager. The officer title, career band/level, and location for this position is flexible. Regular travel to Whitehouse Station, NJ is expected to facilitate collaboration and engagement with key stakeholders. 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.

Responsibilities

Lead a product management team consisting of two individuals, overseeing the full spectrum of primary and excess casualty products.
Take accountability for end-to end process of bringing new policy contracts, endorsements and other product offerings from concept to regulatory filing and market deployment.
Participate in the development and execution of CI casualty growth, profitability, portfolio protection, and regulatory compliance strategies, ensuring products support underwriting intent and strategic goals.
Lead system-support and regulatory filing of new products, ensuring alignment with business priorities, operational efficiency, and compliance requirements.
Collaborate with Product Services and Actuary to develop class codes and rate filings and manage pricing dislocation analysis and implementation.
Own and maintain applicable Policy Administration Systems (PAS) for various lines, including prioritization, testing, and budget management, with a focus on Excess Umbrella, Aviation, Public Entity, Complex and Construction (excluding Benchmarq and Customarq).
Provide leadership over the maintenance and modernization of the existing product library, working with Legal to craft and update policy and endorsement language to meet Portfolio Management needs.
Ensure system-support for underwriting guidance, including the use of contracts, forms and attachment rules.
Own compliance for primary GL and Excess/Umbrella products, including responding to state regulatory inquires and objections.
Review casualty manuscript endorsements to ensure they meet underwriting needs and intent.
Monitor ISO activity and competitor trends and adapt product development strategy.
Serve as the primary point of contact for broker panel Requests for Proposal, working closely with the Panel Management Team.
Manage Conditional Renewal and Non-Renewal notice projects.