VP, Underwriting

Chubb

251d

About The Position

Overall Description Reports into and is under the direction of the Construction Group Director. Makes independent decisions to ensure that existing and new business meets our underwriting standards and conveys these decisions and recommendations to Home Office underwriters in a timely manner. Takes action to develop and execute a Territory and Tactical plan to ensure that key business objectives, strategies and process management goals are achieved. Plans should ensure that the branch is acting on current opportunities and addressing problems. Builds the capabilities of his/her team toward achieving goals and strategies. Takes responsibility for running all day-to-day aspects of branch business, including overseeing performance of tasks or assignments to ensure progress is on target. Progress should be regularly and frequently reviewed with the Construction Group Director. Achieves department goals in the areas of underwriting, financial/credit management, people management, marketing, service, and cross-department relations. Meets targeted profitability and expense metrics. Drives production efforts to attract new account opportunities.

Responsibilities

• Assumes lead role in making underwriting decisions.
• Demonstrates ability to make difficult credit and producer management decisions.
• Continuously assesses and makes independent decisions to ensure accounts fit the preferred account characteristics.
• Effectively manages the dual underwriting process.
• Manages agent and account relationships to achieve maximum benefit to the underwriting process.
• Communicates all pertinent issues to the Construction Group Director and appropriate home office staff.
• Actively travels as needed to effectively manage the territory, agent, and account relationships.
• Promotes and supports a diverse, positive, and open work environment.
• Coaches and mentors staff in their career planning.
• Constructs a plan for team members' development which addresses strengths and weaknesses.
• Takes the lead role in hiring, training, and retaining quality individuals.
• Develops underwriters so that they are recognized by management as high performers who are prepared for promotion to positions of greater responsibility.
• Meets expense, pricing and commission targets.
• Reviews pricing and producer strategies to ensure compliance with department goals.
• Participates as needed and provides input on special department projects.
• Strengthens relationships with existing agents and develops relationships with new agents through regular visitation, attendance at industry functions, and exceptional service.
• Exhibits professional and personal behavior which creates a positive image of Chubb in the marketplace.
• Establishes and implements policies and procedures which ensure exceptional service in meeting the needs of Chubb Surety accounts and agents.
• Actively travel independently as well as in conjunction with underwriters.
• Manage the development and implementation of underwriter travel plans.
• Work with Chubb employees (within Surety, other departments, other branches) to facilitate achieving the goals of others and for the overall good of Chubb.

What This Job Offers

• Job Type: Full-time
• Industry: Insurance Carriers and Related Activities