Chubb

Business Development Manager

Chubb$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of underwriting or Broker/Agent sales experience, preferably in commercial lines.
  • College degree or equivalent business experience.
  • CPCU or CIC certification is recommended.
  • Ability to independently learn diverse subjects and absorb knowledge from various sources.
  • Strong interpersonal, communication, and negotiation skills.

Responsibilities

  • Engage with insurance brokers and agents in the assigned territory.
  • Create a tactical sales plan to meet annual objectives.
  • Identify opportunities for new business through proactive development activities.
  • Cultivate relationships with key local and regional partners.
  • Achieve defined production goals on a monthly, quarterly, and annual basis.
  • Collaborate with underwriting and operations leadership.
  • Ensure competitive positioning of Chubb's products/services in the marketplace.
  • Manage a pipeline of key customers to exceed growth objectives.
  • Act as the primary contact and relationship manager for assigned producers.
  • Track and manage operational workloads to meet service standards.

Benefits

  • Opportunities for professional growth and development.
  • Comprehensive health insurance plans available.
  • Retirement savings plan with company matching.
  • Flexible work environment with a focus on work-life balance.
Full Job Description
Job Description

The position will be based within the defined geography, preferably near a Chubb Regional or Branch Office. The role will report to the VP, Regional Business Development, and the Charlotte Branch Manager. Position is preferably based in the Charlotte or Raliegh area but other locations in North Carolina will be considered.

JOB SUMMARY:
  • The Business Development Manager (BDM) is responsible for business development in the assigned territory of brokers, agents, and other distribution partners, focused primarily on Chubb's products and services associated with Small Commercial, Middle Market and Financial Lines business.
  • The BDM acts as ambassador for all that Chubb has to offer for a select group of Agents.
  • The BDM is responsible for overall agency relationship management including new client acquisition and client management.
  • Manages and maintains focus on achieving metrics across KPI's, including Gross Written Premium growth, New Business, profit, new agency appointments, and visibility.

MAJOR DUTIES & RESPONSIBILITIES:
  • Successful and documented track record of calling on insurance brokers and agents within a predetermined territory/geography
  • Develops tactical sales plan designed to achieve annual objectives. These objectives to include the capture of market share, new agency appointments, & revenue growth
  • Generates opportunities to acquire new business through business development activities initiated with assigned brokers & agents
  • Builds relationships with key partnerships locally and regionally to assist in business development opportunities
  • Demonstrated ability to achieve monthly, quarterly, and annual production goals
  • Works closely with commercial underwriting staff and local field operations leadership
  • Ensures that products/services are competitively positioned in the market
  • Manages pipeline of key customers to meet and exceed growth goals and objectives
  • Serves as point of contact and relationship manager for assigned producers
  • Effectively manages daily, weekly, and monthly goals and tracking responsibilities
  • Works with underwriting to evaluate, price and propose rate and strategy on small to large commercial accounts
  • Manages assigned workload to meet internal productivity and timely service standards


Qualifications

MINIMUM REQUIREMENTS:
  • Minimum of 5 years underwriting and/or Broker/Agent sales experience; business development experience in commercial lines preferred.
  • College degree or equivalent business experience.
  • CPCU or CIC recommended
  • Ability to work independently and assimilate learning materials on many different subjects from various sources
  • Excellent interpersonal, communications and negotiation skills


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.

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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