AVP, Construction Surety
6 days ago
The AVP, Construction Surety reports to the Regional Construction Surety Manager and is responsible for making independent underwriting decisions, ensuring business meets company underwriting standards, and communicating key objectives to the team. This leadership role involves managing day-to-day business operations, contributing to territory management and tactical business plans, achieving departmental goals in underwriting, financial management, marketing, service, and driving efforts to handle existing and attract new construction surety accounts.
Key Responsibilities
- Make independent underwriting decisions to ensure new and existing business meets Chubb's standards.
- Communicate key business objectives, strategies, and process management goals to the team and external business partners.
- Lead and oversee day-to-day business operations, ensuring tasks and assignments are on target.
- Contribute to the formation and execution of territory management and tactical business plans.
- Achieve departmental goals in underwriting, financial and credit management, people management, marketing, service, and cross-department relations.
- Meet targeted profitability and expense metrics.
- Drive production efforts to attract new construction account opportunities.
- Perform departmental branch self-audits of underwriting and agency files.
- Manage agent and account relationships to maximize underwriting process benefits.
- Monitor and direct the performance of assigned agents to ensure compliance with procedures and authority levels.
- Actively travel as needed to manage territory, agency, and account relationships.
- Provide quality control for the branch, ensuring file organization and maintenance follow established procedures.
- Review and monitor agency files for current information, including rates, commissions, accounts, and market information.
- Build and maintain relationships with key business professionals (bankers, CPAs, vendors, etc.) to enhance marketplace intelligence.
- Establish and implement policies and procedures to ensure exceptional service for Chubb Surety accounts and agents.
- Participate in special departmental projects, such as strategic planning, new product development, and pricing.
- Work collaboratively with Chubb employees across departments and branches to achieve organizational goals.
- Apply business acumen to understand and address ongoing issues within the organization and marketplace.
- Make effective and timely decisions, even with limited data, and demonstrate initiative and achievement orientation.
Promote flexibility and adaptability in the workforce, working effectively under pressure and recognizing strategic opportunities for change.
Bachelor's degree and at least 7+ years of surety underwriting or equivalent work experience.
- Strong leadership and team development skills, including coaching and mentoring.
- Results-driven with a focus on long-term profitability.
- Customer and producer focus, with the ability to build and maintain strong relationships.
- Process management and quality control.
- Strategic territory management.
- Strong business acumen and decision-making abilities.
- Agility and adaptability in a dynamic environment.
The pay range for the role is $148,500 to $198,000. 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 at The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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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