AVP, Underwriting - Major Accounts Property at Chubb in Los Angeles, California

Job Description:

AVP, Underwriting - Major Accounts Property

Chubb is the world’s largest publicly traded property and casualty insurer.  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.

KEY OBJECTIVES 

To execute the Chubb Major Accounts Property growth and underwriting business strategies by executing upon established team action plans and goals for the region.   As a key underwriting member of the team in the assigned region, this position will work with their local regional manager, to achieve profitable underwriting results through the growth, development, and underwriting of the business.  This position will be responsible for achieving Profitability & Production Goals, meeting Overall Branch Administrative standards, and active participation within the regional Major Accounts Property team.

MAJOR DUTIES & RESPONSIBILITIES      

 PROFITABILITY & PRODUCTION

• Goal Achievement - Delivering upon the established New and Renewal business goals as provided by the Regional Team Leader.  This will include Premium projections as well as all Policy Acquisition and Travel & Expense budgets.


• Growth Strategies - Executing upon the assigned roles per the written regional marketing plans and strategies.  This includes:
  
  
  
  • Key Client & Broker Relations including Sales Calls & attendant strategies
  
  
  • Completing Target Account responsibilities & Cross Sell Strategies
  
  
  
  


• Underwriting Integrity - Achieving all underwriting standards as outlined by the Major Accounts Property Home office and all applicable Underwriting Guidelines, Authorities, and Position Papers.  This includes:
  
  
  
  • Risk Selection
  
  
  • Pricing & Attachments including Rate Change Goals
  
  
  • Terms & Conditions
  
  
  
  

PERFORMANCE MEASURES

• Achievement of Premium Goals & Budgets


• Adherence to Underwriting Goals, Guidelines & Objectives


• Actuarial Profitability studies on Book of business


• Results of Underwriting Audits (conducted by any party) 
  

QUALFICATIONS:

This role will require

• Minimum of 7 Years Property Underwriting Experience


• Business Acumen


• High Level of Product Knowledge including:


• Exposure Analysis


• Form & Coverages


• Rating Principles and Mechanics


• Negotiation & Presentation Skills


• Experience with Broker Relations & Customer Management


• Strong Verbal and Written Communication Skill


• Basic Proficiency in Microsoft Word, Excel, Power Point


• Travel may be required for client meetings/marketing trips within the Region

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.