Product Line Manager, BOP

1 month ago

Philadelphia, United States Chubb Full time
Job Description

Product Line Manager, BOP & Umbrella - Small Business

Reporting to the Assistant Vice President of BOP and Umbrella, the Small Business Product Line Manager will be responsible for product maintenance, development, and management efforts to drive top and bottom-line goals for the Small Business Umbrella and BOP Lines. This position will work with the AVP of BOP and Umbrella to drive assigned product line initiatives across multiple departments including Underwriting, Regulatory, Marketing, Claims, Actuarial, IT, Government Affairs, and Legal.

Primary Responsibilities:
  • Ongoing product management that includes performing deep dive analyses to formulate data driven business recommendations for product, rule, rate, or underwriting changes for new and existing product
  • Collaborate on new initiatives and strategies with key stakeholders to influence change
  • Responsible for regular product maintenance including regulatory changes, enhancements to underwriting rules, loss cost updates, and ISO circular updates
  • Drive product development efforts including coverage enhancements, segment expansions, and improvements to Chubb's online strategic quoting platform for Small Business
  • Closely work with Underwriting, Actuary and Portfolio Management to provide input on state rate selections based on rate indications and product performance
  • Actively collaborate with stakeholders including claims, marketing, training, customer experience on new product initiatives and opportunities
  • Identify, develop and implement process improvement strategies to achieve financial objectives


Qualifications

  • Bachelor's degree
  • 5 years' Product Management experience in Commercial Lines
  • Previous experience working with IT, underwriting, products, regulatory, risk management to develop product changes;
  • Strong analytical and critical thinking skills, maintains thorough attention to detail


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.

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