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EVP, NA Manufacturing IP Underwriting Leader
2 weeks ago
The Manufacturing Industry Practice Leader will collaborate with colleagues across various divisions, adjacent industry practices, and lines of business to effectively implement strategies and drive execution in the field. This position will require approximately 25% travel within North America.
*The candidate's experience will drive the career band/level for this position.
Key Responsibilities:
- Develop and implement business plans for the Industry Practice, ensuring alignment with strategic and financial objectives. Continuously evaluate and adjust strategies to respond to changing market conditions.
- Partner with line of business leaders to drive and achieve the Manufacturing business plan, focusing on local team underwriting approaches, profitability, retention, and growth.
- Establish short and long-term strategic goals, operational priorities, and revenue growth forecasts.
- Develop and execute a plan to effectively utilize distribution channels for the Industry Practice as necessary and appropriate.
- Develop strategies for positioning and pricing to achieve desired long-term growth and profitability.
- Work closely with the Regional Managers, CI Managers, Specialists, and Territory Underwriting Managers to effectively implement and execute Manufacturing strategies and objectives.
- Actively participate in the marketplace through agency visits, presentations, trade shows, and partnerships to enhance awareness of Chubb's capabilities and brand in the Manufacturing sector.
- Regularly update and review industry strategies and policy forms to ensure compliance with corporate underwriting standards.
- Establish metrics to monitor progress against plans, identify issues, control expenses, and maintain underwriting integrity.
- Make informed decisions on accounts to ensure the growth and long-term profitability of the Manufacturing Industry Practice.
- Engage extensively with industry practice and line of business partners, general counsel, actuarial teams, data analytics, and other senior leaders.
Knowledge and Skills:
- Strong interpersonal communication and negotiation skills
- Strong organizational, prioritization, and analytical skills
- Proven strategic and creative thinking capabilities
- Demonstrated leadership in project management
- Ability to collaborate effectively with internal and external business partners at all levels.
Education and Experience:
- Minimum of 15 years of commercial underwriting experience
- In-depth knowledge of the Manufacturing industry
