AVP, Portfolio Management - Automobile

Job description

Chubb is currently seeking individuals for multiple AVP, Commercial Insurance Portfolio Manager positions. Each individual will play a key role in driving performance and innovation within one Commercial Insurance portfolio - Workers Compensation, Automobile, Property or Casualty - by leveraging data analytics, product and pricing strategy, underwriting strategy, and collaborative partnerships across the organization. * The career band/level for this position and location/Chubb office will be determined based on the candidate's experience.

Key Responsibilities

Analyze claims and pricing study data to identify loss drivers impacting the Line of Business portfolio and recommend tactical and strategic changes to drive performance. Partner with Line of Business and Industry Practice Leaders on mix and pricing management. Define requirements for portfolio monitoring capabilities, including data, reports, tools, visualizations. Continuously monitor and report on the health and performance of the Line of Business, providing actionable insights.

Advance Underwriting by creating and aggregating guided underwriting rules and identifying opportunities to incorporate new data sources and advanced analytics into digitization efforts. Conduct deep dive analyses on book segments and provide recommendations to support growth and profit strategies. Collaborate with Line of Business and Industry Practice Leaders to tune strategies to optimize results. Measure results of initiatives/actions against expectations and communicate findings across stakeholders to create feedback loops and support a learning culture.

Conduct market and competitor analysis and integrate external perspectives into Line of Business Underwriting, Product and Pricing strategies. Work in an agile environment in collaboration with Portfolio Managers across other Lines of Business to drive consistency and efficiency. Collaborate with Line of Business/Industry Practice Managers, Analytics, Actuaries, Claims and Corporate Catastrophe teams.

Qualifications

Bachelor’s Degree required. Applied experience in underwriting or product management and data analytics/data analysis is preferred. Understanding of commercial underwriting and insurance industry theories and practices. Demonstrated proficiency in data analytics and analysis, as well as project management. Strong attention to detail and critical thinking skills, essential for integrating underwriting strategy, rules, and modeling concepts.

Experience with or aptitude for insurance pricing models, data analytics, and analysis. Excellent communication skills and ability to work collaboratively within a team. Proficiency in Microsoft Excel, PowerPoint, and PowerBI. The pay range for the role is $125,000 to $175,000. 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 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.