SVP, Deputy Commercial Insurance Regional Manager
SVP, Deputy Commercial Insurance Regional Manager
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$ 200000 - 250000
1 Vacancy
Job Description
The total premium for Commercial Insurance for the Midwest region is $1.8B of which Property & Casualty is $1.4B. This individual will have direct accountability for four to six branch offices with the local CI Manager reporting directly to the Deputy CI Regional Manager. Additionally this individual will have responsibilities for the Specialties in Multinational Environmental A&H Aviation Public Entity and Marine Facilities for the region. This individual will work directly with the Midwest Region Commercial Insurance Manager to execute on the region business plan.
This Manager is responsible for hiring retention performance management compensation and technical training and coaching and development for multiline underwriting staff along with the Commercial Insurance Regional Manager. The Manager is also responsible for advancing the sales and marketing expertise of the region Commercial Insurance P&C team. Specific responsibilities include:
- P&L - Accountability (premium profitability growth retention and expense plans/results)
- Portfolio Management/LOB - Direct profit and loss responsibility for field (middle market) business; coordination agency management and production responsibility across Commercial Insurance P&C product portfolio. Coordination and collaboration with the P&C Underwriting Center in Whitehouse Station.
- Underwriting Strategy Execution - Manages execution of assigned groups strategies.
- Quality Assurance/Corporate Underwriting Audits this individual will manage the region self audit process holding the CI Manager accountable for completion. Additionally identify trends from the self audits; follow up on areas of needed improvement; and coordinate training as needed.
- Marketplace Focus - Develop opportunities particular to the marketplace and provide customized approaches on market conditions and agency needs.
- Marketing Strategy and Execution - Works closely with Field Operations & the Midwest Region Commercial Insurance Manager on development and execution of marketing strategy and coordinates marketing and production activities within the Midwest region for the Property & Casualty portfolio of Commercial Insurance Business.
- Key Account Management work closely with the region CI Managers to execute on the key account management with specific focus on strategy and process.
- Business Development - Directs business development activities and provides guidance for implementing sales and/or product launches.
- Producer Management: -Primary responsibility for managing regional/local producer plant; responsible for cohesive and consistent agency management strategies across assigned locations. Facilitates product education/appetite; serves as point person for key local producer relationships.
- Budget and Expense Administration works closely with OSD and the Midwest Region Commercial Insurance Manager to ensure adherence to budget and expense guidelines
- Staff Development and Staff Administration (including Performance Management and Compensation) Accountable for new hire onboarding training and developing succession planning culture of inclusion coaching and mentoring and retention of staff.
Qualifications
- Understanding of Middle Market Property & Casualty products and appetite
- Strong understanding of field distribution plant including managing large multinational brokers
- Strong people management skills
- Strong technical/underwriting leadership skills to manage a team of multiline commercial underwriters
- Advanced marketing and sales skills
- Builds Strategic Relationships
- Drives Customer Focus
- Demonstrates Agility
- Drives Execution
- Exerts Operational Decision Making
- Exhibits Skillful Communication
The pay range for the role is $200000 to $250000. 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:
Senior Exec
Employment Type
Full-Time
