VP PRS Excess Liability Product Leader job in Whitehouse Station

Whitehouse Station, New Jersey - NJ Chubb

Job Ref:	300000591449127
Employer:	Chubb
Sector:	Investment P&C/General Insurance/Non-Life
Qualifications:	Unclassified
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	United States
State/Province/County:	New Jersey - NJ
City:	Whitehouse Station
Post Code:	08889
Map:	(Show on map)
Description
Job Description Chubb Personal Risk Services, PRS, is seeking a VP Excess Liability Product Leader to drive all financial metrics relating to the Individual and Group Excess Liability lines of business. The successful candidate will report to the SVP Product Leader and set and communicate clear line of business product strategies to ensure PRS' excess liability offerings are aligned with Chubb's personal lines target market and value-added strategy to create a competitive advantage. Successful individuals must develop and manage all Excess Liability pricing, underwriting and coverages; coordinate and prioritize implementation of resultant changes with other PRS functional departments; develop annual Individual and Group Excess Liability rate plans based upon the PRS Actuarial Pricing Study rate indications; and manage and drive Excess Liability priorities within the PRS systems. Key Responsibilities Accountable for driving profitable growth of the Excess Liability lines of business Work with Field Product Leader, Field teams, and Digital Distribution Lead to develop strategies to increase submission flow of profitable Excess Liability new business Monitor industry pricing, underwriting and contract changes, and internally develop competitive analysis to educate the organization and potentially revise programs as warranted Advance underwriting and pricing accuracy by identifying and implementing reliable sources of verified third party data Develop, lead, and monitor various projects Engage with internal and external business partners to drive line of business awareness, facilitate on-site and virtual training on the PRS Excess Liability Value proposition, rating & coverage enhancements, and Excess related topics Provide periodic communications to the overall PRS teams regarding "state of the class" such as performance/results patterns, trends, competitive subjects, strategies, and product and pricing developments/changes, etc. Collaborate in a team environment with Field Product Management, Sales, Underwriting, Risk Consulting, Operations, IT, Claims, General Counsel, and Actuarial to achieve business plans Work with Marketing to develop new marketing materials and resource tools Develop and implement underwriting models/guidelines which support the division's target market strategy and enable appropriate underwriting business awareness identification/declination of risks which cannot be adequately priced Represent Chubb on various industry committees and conferences Qualifications Competencies In-depth knowledge of personal lines high net worth strategies, products, and pricing Strong understanding of Excess line of business including rate indications, pricing, and coverage. This includes an understanding of geographic and regulatory issues/concerns Expertise and in-depth knowledge of personal lines market Expertise with multivariate pricing segmentation and underwriting models Possess strong leadership, collaboration, and influence management skills Strong interpersonal, analytical, and negotiation skills Demonstrated ability to manage multiple priorities and develop long-term strategies Demonstrated ability to effectively interact with all levels of internal and external business partners Strong analytical and critical thinking skills with strong attention to detail Education and Experience Bachelor's degree or related job experience Multi-year experience in a personal insurance product management role 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.

ref: (300000591449127) 12 days ago

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VP PRS Excess Liability Product Leader job in Whitehouse Station

Whitehouse Station, New Jersey - NJ Chubb

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