DescriptionCombined Insurance a Chubb Company is seeking an Assistant Vice President to join our fast-paced high energy growing are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working talented professionals!
Job Summary
This position is an Assistant Vice President (AVP) level role that will support our Chubb Workplace Benefits (CWB) division. The AVP role will be responsible for both strategic and tactical initiatives helping to develop strategy building strategic capabilities consistent with growth targets balancing growth and profitability targets building effective teams and expertise and leading the overall daily activities of the Chubb Workplace Benefits underwriting team.
This role is also responsible for oversight of underwriting rules/guidelines and will work with business partners to develop strategic solutions to achieve profitable growth. Enhancing overall reporting capabilities coaching and mentoring employees providing support for and problem-solving escalated customer issues and occasional auditing of team functions will be required as well.
The ideal candidate should have extensive knowledge/background in both traditional Group and Voluntary employee benefits a minimum of 15 years UW experience with at least 7 years of managing/leading teams. Experience with reporting and analytics is also preferred.
Responsibilities
- Build develop and lead the underwriting team to support the volume and complexity of business required to support the divisions growth and profit objectives
- Build out and oversee the Group Employer paid product into the Group Underwriting process flow from proposal through to implementation.
- Reinforce the strategic direction and help cultivate a profitable book of business according to the business plan; ensure team objectives are aligned to the organizations goals
- Ensure underwriters are compliant with company practices and standards
- Build and maintain strong relationships with stakeholders business partners and colleagues
- Engage with product development teams to keep abreast of market dynamics and market cycle awareness in support of business plan objectives
- Oversee underwriting activities in accordance with all legal and regulatory requirements
- Maintain subject matter expertise and technical knowledge through continuous learning and development
- Build understanding of full customer experience through their eyes to highlight opportunities to improve our offering this includes understanding products actuarial enrollment admin and claim methodologies/processes
- Manage mentor and coach UW teams on technical and professional skills
- Lead and motivate teams to cultivate an environment of continuous improvement; recommend and implement changes to optimize efficiency as needed
- Support advocate and provide guidance to our distribution teams to maximize companys objectives
- Lead other strategic initiatives as assigned
Qualifications
- Client Quality and Service Focus
- 15 years of progressive underwriting experience plus 7 years management experience with insurance operations and administration preferably in both a Worksite/Voluntary Benefits and Group environment
- Proven history of managing and leading underwriting and administrative staff
- Proven ability to lead and/or support business development initiatives and manage third-party customer/broker relationships
- Collaborates well and influence others at all levels of employees
- Professional maturity with excellent technical verbal and written communication skills
- Proven history of establishing and maintaining effective relationships
- Manages and prioritizes multiple projects concurrently
- Ability to manage conflict/resolution and problem solving
- Knows how to align people and resources with strategic priorities
- Experience in developing and executing underwriting strategy including guidelines process and automation
- Ability to structure and manage work across multiple functions & locations
- Strength in skills needed in identifying issues remediation tactics and escalation paths
- Comfortable multi-tasking in an extremely fast paced environment
Level commensurate with experience.
The pay range for the role is $128600 to $218600. 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 found on 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:
Exec