VP, Commercial Insurance Manager at Chubb

Posted in General Business about 2 hours ago.

Type: Full-Time
Location: Irvine, California





Job Description:

JOB DESCRIPTION

VP - Commercial Insurance Manager - Irvine (Orange County) and San Diego

We are looking for a strategic and dynamic leader to partner with branch and distribution management to grow the Newport Beach and San Diego middle market commercial book of business. This position will report to the Pacific South Region Commercial Manager.

Responsibilities

Responsible for the profit, growth and fostering of internal and external relationships for Commercial Insurance. Managing a portfolio of approximately $190 million of P&C premium. Directly accountable for the middle market P&C branch underwriting operation and results, including driving new business production premium/account retention and rate efforts for all Commercial P&C Insurance lines of business.

This Commercial Insurance Manager is responsible for hiring, retention, performance management, compensation, technical training, coaching and development for multi-line underwriting staff. The Manager is also responsible for advancing the sales and marketing expertise of the local Commercial Insurance team.

Specific responsibilities include:


  • P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for middle market P&C and middle market professional lines (non-SRC) business serviced within assigned branch(es)
  • KPI - Accountability for subs, quotes, binds for each team member, and assigned territory.
  • Portfolio Management/LOB - Direct profit and loss responsibility for field business; coordination, agency management, and production responsibility across the Commercial Insurance product portfolio.
  • Underwriting Strategy Execution - Manages execution of new middle market underwriting and renewal underwriting strategy for assigned branch(es)
  • Technical UW/Referral Resource - In collaboration with Product Line and Industry Practice, serves as technical resource for referrals and underwriting authority. Point of contact for branch risks which fall outside of field authority; coordinate efforts with Home Office/Product and Segment leaders.
  • Audit and Quality Assurance - Responsible for driving the self-audit process for the Newport and San Diego retail underwriting team. It is also the responsibility of this manager to produce satisfactory and passing corporate underwriting audit scores.
  • 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 on development and execution of marketing strategy and coordinates marketing and production activities within Orange and San Diego counties for the entire portfolio of Commercial Insurance business.
  • 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 - Oversees business and budget planning for all business produced within the Newport and San Diego branch. Ensures effective expense administration for assigned locations.
  • 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. Ensure effective deployment of staff for assigned locations; maintain mentoring / succession relationship with several High Potential Senior Underwriters, Specialists, Sr Specialists within assigned locations. Oversee workflows, staffing resources, and appropriate application of technology to ensure efficient, cost-effective field operation. Collaborate with HR on performance management and compensation process.

QUALIFICATIONS

  • Understanding

    ABOUT US


    Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.


    At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.






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