AVP Underwriting, Environmental (Westchester) (Finance)
JOB DESCRIPTION
The Westchester Environmental Team is seeking an experienced Environmental Insurance professional to join as AVP, Underwriting, supporting the Mid-West Region. This role involves directly underwriting, managing, and growing a diverse book of business, including Manufacturing/Environmental Products packages, Environmental Contractors/Consultants packages, unsupported excess, monoline site pollution, and larger CPL accounts. The candidate will assist the regional manager in executing business strategies to achieve profitable growth through underwriting discipline, risk assessment, and financial proficiency. Responsibilities include aggressively marketing to assigned brokers, fostering strong relationships, and driving production while collaborating with the regional manager, EVP/CUO, and Business Development Managers to align the portfolio with Westchester Environmental's growth and profitability goals. The ideal candidate will demonstrate expertise in coverage fundamentals, terms and conditions, actuarial principles, marketing, and systems, while contributing to the development of the Mid-West Region underwriting teams.
Major Duties & Responsibilities:
- Work collaboratively with Regional Manager, Underwriting Team and other unit & region colleagues.
- Execute business plan/strategy to achieve financial results in the areas of profit, growth and expense.
- Develop and implement initiatives to effectively execute regional marketing and sales strategies including prospecting, cross sell and upsell initiatives.
- Proactively manage and monitor results and key performance indicators to achieve desired results.
- Solicit new and renewal submissions from brokers.
- Determine terms, conditions and pricing using approved rating plans, underwriting guidelines and authority structures.
- Adhere to all underwriting standards and guidelines as outlined by the Division including all applicable Underwriting Guidelines, Authorities and Position Papers.
- Bind coverage and adhere to guidelines for accurate and timely policy issuance, accurate premium booking and billing, manuscript form and endorsement processes, and file construction and documentation.
- Document the underwriting files thoroughly and accurately.
- Handle more complex files and portfolios within underwriting authority.
- Support the referral process within the regional underwriting team by providing guidance to Underwriters on risks falling outside of their individual authority and engaging senior leadership as appropriate.
- Coordinate as necessary with various departments, such as Financial, Actuarial, Billing, Claims.
- Maintain service standards by timely response to broker requests and timely receipt of collateral and agreements in addition to meeting deadlines on submissions of quotations, certificates and/or policies.
- Local and regional broker visitations/travel is expected.
QUALIFICATIONS
Education 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.