VP, Portfolio Management
About The Position
The VP of Portfolio Management for Chubb Small and Lower Midmarket (SLM) is a dynamic leadership role with P&L accountability for a large and growing multiline property and casualty portfolio. The position combines technical expertise in underwriting, portfolio management, pricing, and analytics with leadership, collaboration, and influence skills to drive profitable growth for the division. The role reports to the Chief Operating Officer of SLM and has a matrixed reporting relationship to the Head of Commercial Insurance Portfolio Management. The VP works across business and functional teams to develop and execute portfolio strategies, advance analytical decision-making, achieve operational and efficiency goals, and support SLM’s digital transformation. The role also ensures portfolio actions comply with applicable regulatory requirements.
Requirements
- At least 7 years of experience in P&C portfolio or product management, with a demonstrated track record of delivering profitable growth through specific initiatives.
- Strong analytical and communication skills, including the ability to distill complex topics into clear, concise messages for audiences ranging from frontline staff to executive leaders.
- Strong leadership, influence, and collaboration skills, with the ability to lead cross-functional teams and influence and align stakeholders across the broader organization.
- Strategic thinking and advanced portfolio analysis, organization, and management skills, with strong attention to detail.
- BA/BS degree.
Nice To Haves
- Advanced degree and/or professional certifications.
Responsibilities
- Drive profitable growth across multiple distribution channels and optimize the SLM portfolio by line of business, industry practice, and geography.
- Develop underwriting, product, pricing, and agency management strategies and tactics to achieve target KPIs, including profitability, quote ratio, hit ratio, and straight-through processing rates.
- Continuously monitor portfolio health and performance and market trends, including competitor, distribution, technology, and economic trends; partner with data, analytics, actuarial, and Portfolio Insights teams to advance SLM’s analytical capabilities.
- Set priorities for SLM initiatives, lead evidence-based decision-making for cross-functional teams of subject matter experts, and establish analytical decision-making frameworks for consistent, high-quality recommendations.
- Collaborate with Commercial Insurance Portfolio Management Line of Business and Industry Practice teams to achieve shared P&L accountabilities and leverage the broader organization’s expertise and capabilities, including Claims and Risk Consulting.
- Collaborate with actuarial, analytics, data, and modeling teams on pricing, underwriting, and AI/ML models and third-party data sources to achieve portfolio objectives.
- Partner with colleagues in Field Underwriting, Business Development, Digital Distribution, and Experience to ensure effective execution of portfolio strategies and support operational and efficiency goals.
- Partner with the Transformation Delivery Office to ensure successful implementation of portfolio strategies and support SLM’s digital transformation initiatives.
- Engage Legal, Compliance, and Audit teams to ensure portfolio actions adhere to applicable regulatory requirements.
Benefits
- Comprehensive benefits package.
- May be eligible to participate in a discretionary annual incentive program.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
