Ocean Marine Underwriting Manager Midwest Region
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 165300 - 190000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Ocean Marine Manager will lead a team of Marine underwriters in the Midwest Region underwrite Ocean Cargo products for both Major Accounts and Commercial Insurance clients.
The Manager will provide oversight of the Major Ocean Marine portfolio for the Midwest region whileunderwriting some individual risks and providing subject matter expertise and handling referrals within their authority. They will also provide subject matter expertise by demonstrating understanding the following:
- Fundamentals of coverage terms and conditions. Ability to offer coverage terms and conditions which generate a profit for the Company while meeting the needs of the customer. Deep understanding of Ocean Cargo business.
- Risk Assessment. Ability to identify risk exposures special or common hazards and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
- Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets.
- Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
- Marketing and communications. Ability to develop a regional marketing strategy and to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking.
- Systems and programs. Ability to use systems and software programs needed to conduct daily business.
- Achieve financial goals related to new business production renewal retention and rate.
- Ensure regional underwriting integrity and profitability.
- Manage regional authority inclusive of underwriting referrals from underwriters as well as referrals through Major and CI Home Office.
- Supervise develop and train employees including weekly office hours and one-on-one meetings with direct reports.
Qualifications
- Minimum 5 years of current underwriting/insurance experience concentration in Ocean Marine.
- Minimum 2 years of Leadership/Management experience.
- Strong marketing and underwriting skill set with an emphasis on relationships and exposures in the Midwest region
- Able to work collaboratively and prioritize in a matrix environment
- Strong oral and written communication skills
- PC and Microsoft Office Products proficient
The pay range for the role is $165300 to $190000. 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:
Manager
Key Skills
- Loan Processing
- Load Balancing
- Risk Management
- Growing Experience
- Algebra
- Management Experience
- Fair Housing Regulations
- Underwriting
- Team Management
- Geometry
- negotiation
- Supervising 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.
