Chubb

AVP, Group Underwriting

Chubb$128K — $218K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of progressive underwriting experience in Worksite/Voluntary and Group Benefits
  • 7+ years of management experience in insurance operations
  • Proven ability to manage and support business development initiatives
  • Excellent technical and communication skills
  • Strong relationship-building skills with stakeholders and teams
  • Ability to handle conflict resolution and multiple projects concurrently
  • Experience in developing underwriting strategies and automating processes

Responsibilities

  • Build and lead an underwriting team aligned with growth and profit objectives
  • Oversee the integration of Group Employer paid products into underwriting processes
  • Align team objectives with strategic goals and business plans
  • Ensure compliance with underwriting practices and standards
  • Maintain relationships with stakeholders and business partners
  • Engage with product development to understand market dynamics
  • Lead teams towards continuous improvement and recommend operational changes

Benefits

  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • Company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses
Full Job Description
Job Description

Combined Insurance, a Chubb Company, is seeking an Assistant Vice President to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Job Summary

This position is an Assistant Vice President (AVP) level role that will support our Chubb Workplace Benefits (CWB) 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 overall daily activities of the Chubb Workplace Benefits 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 should have extensive knowledge/background in both traditional Group and Voluntary employee benefits, a minimum of 15+ years UW experience with at least 7+ years of managing/leading teams. Experience with reporting and analytics is also preferred.

Responsibilities
  • Build, develop and lead the underwriting team to support the volume and complexity of business required to support the division's growth and profit objectives
  • Build out and oversee the Group Employer paid product into the Group Underwriting process flow from proposal through to implementation.
  • Reinforce the strategic direction and help cultivate a profitable book of business according to the business plan; ensure team objectives are aligned to the organization's 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 company's objectives
  • Lead other strategic initiatives as assigned

Qualifications
  • Client, Quality and Service Focus
  • 15+ years of progressive underwriting 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.

The pay range for the role is $128,600 to $218,600. 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 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.

About Us

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses


ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

ABOUT CHUBB

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.

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#combined

About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ

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