Territory Underwriting Manager- Life Sciences at Chubb in Whitehouse Station, New Jersey

Job Description:

JOB DESCRIPTION

The primary responsibilities of the Life Sciences Territory Underwriting Manager ("TUM") include:

• Accountable for profit, revenue growth and compliance for assigned portfolio for assigned territories
• Managing and monitoring of new and renewal accounts as assigned
• Handling referrals utilizing home office level underwriting authority in collaboration with Industry Practice Leader and Property and Casualty LoB Managers.
• Accountable for developing recommendations and implementing strategies for LS business recognizing and supporting the unique needs of commercial insurance and major accounts. Execution using both retail and surplus lines products as appropriate.
• May include the management of a select group of local branch producers, and/or large accounts within the territory.
• Exercising deep expertise for industry practice or line of business throughout the field resulting in achievement of business goals
• Building technical knowledge of field staff
• Relationship building with key agents and insureds
• Effectively developing, marketing and supporting industry micro segments and/or products in assigned territory
• Development of strategic and tactical plans to cater directly to the Life Sciences Industry and support of field implementation and execution.
• Articulating ideas and shaping underwriting strategies, new product and industry practice development for implementation with focus on property lines of business.
• Working in a team environment with Home Office Life Sciences, Industry Practice and Line of Business managers, Claims, Operations, GC, Regulatory Affairs and the field.
• Making recommendations on underwriting authority of field staff as well as identifying future specialists.
• Through effective leadership and coaching, enhancing field capabilities and reputation in the industry
• Such projects for the LSIP or for CI as authorized by the Industry Practice Leader.
• Position requires extensive travel (25%+ of time) throughout the USA.

QUALIFICATIONS

Skills

ABOUT US

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.