SVP, Territory Underwriting Manager, Private Equity Specialty

Key Responsibilities

• Accountable for achieving key performance metrics for a $185M book of Private Equity-backed and M&A business across the U.S. that includes growth, profit, rate, new business, exposure and retention
• Responsible for managing and monitoring new and renewal business within the territory, including assisting the three Private Equity underwriting cores with pipeline and key account management
• Primary referral channel for items that are outside branch level authority, and confident in utilizing a home office level underwriting authority grant
• Provide consult with PES underwriters and leadership to assist in triaging new Project/M&A deals, mid-term add-ons and transactions on short timeframes
• Collaborate with Industry Practice, Line of Business, CI Regional Managers, the local branch offices & underwriting cores to develop local tactics and objectives to attract and retain business while executing CI underwriting strategies and initiatives
• Building underwriting acumen of field staff through training and development opportunities within the territory
• Provide recommendations on underwriting authority of field staff as well as developing and cultivating underwriting specialists
• Relationship building with both internal and external stakeholders that will require customer and broker visitation 
• Ability to effectively work in a team environment with Industry Practices, Line of Business, Claims, Operations and CI Field to achieve desirable outcomes
• Position requires regular travel (35%+ of time) to local branch offices with a focus in Private Equity/PES business throughout the country, including PES Underwriting cores in NYC, Chicago and Los Angeles
• Reporting Relationship:  This job reports directly to Private Equity IP Leader. 
• Position Location:   Open (based on where selected individual resides)

Qualifications

• Must demonstrate advanced proficiency for salary grade and universal competencies including a track record of results achievement, customer development, collaboration, teamwork, problem solving, and communication and marketing/negotiation skills. 
• Must have strong interpersonal, analytical and negotiation skills and the ability to effectively interact with all levels of internal and external business partners.
• Familiarity and experience transacting in the Private Equity/M&A space a strong preference.

 

Education and Experience

• Four-year bachelor’s degree from an accredited college or university 
• Must have at least 10 years of property and casualty underwriting experience and demonstrated in-depth expertise in handling complex accounts. 
• Advanced knowledge of commercial underwriting and insurance industry theories and practices. 
   

The pay range for the role is $200,000 to $250,000. The specific offer will depend on an applicant’s 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 at 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. 

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.