VP, Portfolio Management

Chubb•Readington Township, NJ

10h•$175,000 - $225,000

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 successful candidate will apply expertise in underwriting, portfolio management, pricing, and analytics, along with leadership, collaboration, and influence skills, to drive profitable growth for the division. The role reports to the Chief Operating Officer of SLM, with a matrixed reporting relationship to the Head of Commercial Insurance Portfolio Management.

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 or align stakeholders across the broader organization.
Strategic thinking, advanced portfolio analysis, organization and management skills, and 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.
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 subject matter expert teams, 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 help SLM 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.
Support execution of portfolio strategies and operational and efficiency goals in partnership with Field Underwriting, Business Development, Digital Distribution, and Experience.
Partner with the Transformation Delivery Office to implement portfolio strategies and support SLM’s digital transformation initiatives.
Engage Legal, Compliance, and Audit teams to ensure portfolio actions adhere to applicable regulatory requirements.