AVP Auto and Special Projects Specialist at Chubb in Whitehouse Station, New Jersey

Job Description:

JOB DESCRIPTION

Chubb Personal Risk Services, PRS, is seeking an AVP Auto and Special Projects Specialist to assist the Auto and Assistant Auto Product Leaders in all aspects of running the Auto line of business. The successful candidate will report to the SVP Auto Product Leader and assist in setting Collector and miscellaneous vehicle priorities, manage the Auto Specialist Community, and lead special projects which will primarily be auto related but also encompass other lines of business. Additionally, successful individuals will participate in developing and achieving financial metrics related to the Auto Lines of Business; developing and communicating the Auto line of business product strategy to ensure PRS' Auto offering is aligned with Chubb's personal lines target market and value-added strategy; developing and managing Auto pricing and underwriting and coverages while coordinating and prioritizing the implementation of resultant changes with other PRS functional departments; developing the annual Auto rate plan based upon the PRS Actuarial Pricing Study rate indications; and setting Auto priorities within the PRS systems.

Key Responsibilities

• Accountable for driving profitable growth of the Auto line of business
• Maintain consistent awareness of loss frequency and severity trends and their underlying causes while informing necessary changes to pricing and coverage to meet loss ratio targets
• Work with the Auto Product Leader, Field Product Leader, Field teams, and Digital Distribution Lead to develop strategies to increase submission flow of profitable Auto new business
• Monitor industry pricing, underwriting and contract changes and internally developed competitive analysis to educate the organization and 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 to achieve goals and targets
• Engage with internal and external business partners to drive line of business awareness and facilitate on-site and virtual training on the PRS Auto Value proposition, rating and coverage enhancements, and related topics
• Assist in development of regular "state of the class" communications to senior Home Office and Field leadership
• Collaborate in a team environment with Field Product Management, Sales, Underwriting, Risk Consulting, Operations, IT, Claims, General Counsel, and Actuary to achieve business plans
• Work with Marketing to develop new marketing materials and resource tools
• Represent Chubb on various industry committees and conferences
• Develop and implement underwriting models/guidelines which support the division's target market strategy and enable UW to identify risks which cannot be adequately pricedor have catastrophe concerns
• Engage with internal and external business partners to drive line of business awareness and facilitate on-site and virtual training on the PRS Auto Value proposition, rating and coverage enhancements, and related topics
• Assist in development of regular "state of the class" communications to senior Home Office and Field leadership
• Collaborate in a team environment with Field Product Management, Sales, Underwriting, Risk Consulting, Operations, IT, Claims, General Counsel, and Actuary to achieve business plans
• Work with Marketing to develop new marketing materials and resource tools
• Represent Chubb on various industry committees and conferences

QUALIFICATIONS

Competencies

• Expertise

  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.