drjobs Assistant Regional Product Manager

Assistant Regional Product Manager

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 93700 - 159300

Vacancy

1 Vacancy

Job Description

Description

54countriesChubbprovides 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.

The Assistant Regional Product Manager is accountable for supporting the work of the Midwest Region product team. This work will involve assisting with profitable growth strategies for the 13 Midwest states rate changes and pricing strategies state regulatory changes and managing binding suspensions in consultation with Line Leaders. This role will report to the VP Regional Product Leader for the Midwest.

Key Responsibilities:

  • Accountable for driving profitable growth by assisting in the development and monitoring of various regional growth projects
  • Work in a collaborative team environment with Sales Underwriting Risk Consulting Operations IT Claims General Counsel Home Office Product Management and Actuarial to achieve overall business plans
  • Work with field representatives and Line of Business leads to address outcomes of rate indications by developing pricing and/or underwriting actions that contribute to growth while maintaining profitability and target market focus
  • Work with the Midwest Regional Team to monitor/identify emerging trends/concerns
  • Evaluate market competitiveness developing an understanding of market drivers and evaluating competitive advantages/disadvantages of products
  • Conduct research and quantitative and qualitative analysis on state specific financial results and trends
  • Assist in communicating results of strategic & tactical decisions to senior management
  • Collaborate with Legal and Compliance to address regulatory changes within the region


Qualifications

Qualifications

Competencies/Skills:

  • Excellent negotiation analytical and organizational skills with the ability to balance strategic and tactical work
  • Datadriven decision maker; able to complete thorough research and investigation yet make decisions in a reasonable timeframe
  • Understanding of personal lines of business including rate indications pricing and coverage
  • Strong written and verbal communication skills
  • Ability to effectively work independently and with established teams
  • Proficient with all Microsoft Office Products (Excel PowerPoint Word etc.)
  • Experience with data tools such as SQL Python or R a plus.

Education and Experience:

  • Bachelors degree with superior academic performance preferably in an analytic field
  • Minimum 3 years of experience in the insurance industry preferably in an analytical role
  • Experience with high valued products desired

The pay range for the role is $93700 to $159300. The specific offer will depend on an applicants skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package more details on which can be foundon our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.




Required Experience:

IC

Employment Type

Full-Time

About Company

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