Description
Chubb is seeking a Private/Not for Profit (PNP) Executive Underwriter that will help to execute growth and underwriting business strategies by implementing established action plans and goals for the Birmingham Branch. This position will work within the local branch and Financial Lines teams to achieve profitable underwriting results through the growth, development, servicing and underwriting of Private & Not-for-Profit business of all sizes.
The Private Not for Profit book has a sizeable premium base in the region, which is produced from many trading relationships spread around the geography. The region itself consists of five branches including Atlanta, Charlotte, Tampa, Nashville and Birmingham. We are looking for someone with a strong sense of responsibility to ensure our obligations are made and kept with agency partners. The candidate will build strong relationships with our distribution partners to be successful. The individual will need the ability to effectively communicate and leverage relationships with other business units to create a ‘win win’ environment and help profitably grow Chubb’s business.
Responsibilities
Profitability and Production:
- Helps deliver on the established New and Renewal business goals as exhibited by the Financial Lines Branch plan.
- Help drive P&L accountability including responsibility for premium, profitability, growth, retention, and expense plans/results. This may include weekly projections/forecasts as well as business and budget planning produced by the branch.
- Ensure profitability through underwriting integrity by meeting all underwriting standards as outlined by Financial Lines Home office and all applicable Underwriting Guidelines, Authorities, Playbooks and Position Papers including:
- Risk Selection
- Pricing & Attachments including Rate Change Goals
- Terms & Conditions
- Manuscript Form & Endorsement processes File Construction and documentation
Producer Management:
- Partners with the local Chubb branch team to enhance producer relationships and results.
- Develops and drives new business including completing target account responsibilities.
- Implements sales management process including business plans for key producers.
- Collaborates with other business units to drive growth and implement cross sell strategies within Financial Lines and across the P&C teams in Small Commercial, Commercial Insurance, and Major Accounts.
- Collaborates with Renewal Underwriting Service Branch to maximize efficiency of qualifying business; leverages NBS and online quoting capabilities to enhance efficiency and support new business generation; pursues small Financial Lines business in conjunction with Small Commercial sales reps embedded locally or within the region.
- Represents Financial Lines in the marketplace amongst brokers, customers, competitors, and industry organizations; must be able to play a key leadership role accordingly.
- Minimum of 3-5 Years Underwriting Experience with strong knowledge of Private/NFP products, underwriting, marketing and the competitive environment.
- Knowledge, skills and abilities in revenue generation, staff leadership and producer management.
- Exhibited competencies in communication, collaborating and executing strategy.
- Well-established track record of overseeing a profitable book of business and high level of underwriting expertise.
- Strong presentation skills and effective communication of strategies, goals and plans.
- Influence management and proven ability to balance multiple stakeholder perspectives to achieve business goals.
- Collaborative partner with the branch, home office, claims, marketing and operations.
- Experience with Agency and Broker Relations/ Customer Management.
