AVP, Group Underwriting
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
This position is an Assistant Vice President (AVP) level role that will support our Combined U.S. 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 daily activities of the Combined U.S. 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 will possess deep expertise in both traditional Group and Voluntary employee benefits a minimum of 15 years relevant industry experience including at least 7 years of team management and leadership and 5 years of consultative collaboration with a 1099 sales organization Experience with reporting and analytics is also preferred.
Responsibilities
- Build develop and lead a high-performing underwriting team to effectively manage the volume and complexity of business needed to achieve the divisions growth and profit objectives while providing consultative support to a 1099-focused sales organization
- Develop execute and manage underwriting risk management strategies to optimize the oversight of in-force business including the assessment of performance at both the account and block levels.
- Collaborate with business and sales leaders to develop strategies and guidelines that ensure alignment and consistency between Worksite and Signature Solution product and underwriting offerings
- 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 industry 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.
Required Experience:
Exec
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
