DescriptionChubb is seeking a Regional Technology Underwriting Manager supporting the Southeast Region
Position responsibilities:
The candidate will operate as part of the Commercial Insurance (CI) Property & Casualty team with leadership responsibilities for profitable growth and staff performance and development of 4-5 branch Underwriters for a $ 40MM Core Commercial Package Work Comp Auto International E&O/Cyber and Umbrella/Excess within our Technology Industry Practice. Working with branch Underwriters and peer colleagues inclusive of the Eastern Underwriting Center shared book portfolio jointly managed with direct influence from the local branch team.
This role is inclusive of day to day responsibility for underwriting resources allocation achievement of profit and identification and delivery of unique local initiatives for growth. Strong marketing and communication skills will be required for both staff and producer development. This individual will support the Southeast Region Technology Industry Practice in premium budget execution monthly premium projections external joint marketing with staff and driving customer group business plans for Middle Market Industry practices and lines of business. The individual will also manage a personal agency assignment with a $5M $7M renewal book of business and new business production of $1.2MM.
Candidate should have a proven reputation for underwriting acumen marketing and business planning skills to execute the CI business plan.
Business goals include the following:
- Financial performance including profitable growth new business production rate retention for overall growth
- Identifying opportunities for growth within new and existing production sources and developing and executing a new business growth strategy including developing prospects. New business expectation of $1.2MM as an individual and achievement of premium budget for CI Middle Market per annual business plan.
- Successful market penetration and broker management including building maintaining and managing producer and customer relationships.
- Developing agency strategy and goals with continual monitoring of progress in order to achieve profit growth retention and rate objectives.
- Assessing middle market business by utilizing underwriting tools and applying current underwriting strategies to determine which accounts to pursue and the optimal program structure.
- Demonstrating a balanced approach of considering and responding to agents coverage amendments while preserving the integrity of our coverage positions and loss ratio targets.
- Executing a local strategy to meet business needs utilizing an understanding of Chubbs solutions competitors customers and marketplace.
- Utilizing a high level of understanding of products strategy and competitor/market behavior to write and retain business.
- Negotiating: Demonstrating timely thoughtful and decisive responses.
- Developing new sources of profitable business for Chubb and within appointed Agency/Broker distribution.
- Working closely with other members of the commercial underwriting team including Risk Engineering Claims and Underwriting Associates.
Qualifications- Must have 5-7 years commercial multiline underwriting background.
- Experience with complex accounts
- Must have proven marketing and negotiation skills.
- Strong local broker contacts
- Strong communication interpersonal and time management skills
- Experience developing marketing plans
- Previous experience managing people and/or teams is preferred
- Bachelors Degree preferred and/or related work experience.