Whitehouse Station, NJ
80 days ago
VP, Home Office Auto, Portfolio Management Lead

We are seeking an experienced Auto Portfolio Management Lead to join our team at Chubb North America. As the VP - Auto Portfolio Management Lead, you will play a critical role in ensuring the success and profitability of our Auto Line of Business for Commercial Insurance (Middle Market). Your responsibilities will include continuous monitoring and strategic management of the line of business, ensuring alignment with the ever-evolving nature of the industry. Collaboration with cross-functional teams will be instrumental in creating enhanced account-level outcomes. Additionally, you will be responsible for developing advanced low touch underwriting flows, determining the best underwriting approaches, identifying target market segments, integrating third party data, and establishing metrics to assess the performance of our new business and renewal policies.

Job Responsibilities:

Continuously monitor the health and performance of the Auto Line of Business, identifying areas for improvement and implementing appropriate strategies to drive positive outcomes. Lead the development of advanced low touch underwriting flows, including determining the optimal underwriting approach, and identifying target market segments. Define and establish metrics that effectively measure the success and performance of new business acquisition and renewal policies. Stay informed about industry trends, regulatory changes, and technological advancements that impact the Auto Line of Business.  Identify opportunities, risks, and emerging trends, and provide strategic recommendations to protect underwriting results over time. Build and maintain effective relationships with internal stakeholders, external partners, and industry professionals to foster collaboration. Analyze claims and pricing study data to uncover loss drivers impacting the Auto portfolio and recommend tactical and strategic changes to drive performance. Partner with Other LOB Teams and Industry Practice Leaders on mix and pricing management. Collaborate with Analytics, Actuarial, Claims and other corporate teams as appropriate.  Define requirements for portfolio monitoring capabilities (data, reports, tools, visualizations).  Advance Auto Underwriting by creating and aggregating guided underwriting rules and identifying opportunities to incorporate new data sources and advanced analytics into digitization.  Measure results of initiatives/actions vs. expectations and communicate findings across stakeholders to create feedback loops and support a learning culture. Work in an agile environment in collaboration with Portfolio Managers across other Lines of Business to drive consistency and efficiency across lines.

Knowledge and Skills:

Minimum 5+ years of experience in Commercial Auto Underwriting, Portfolio Management, Product Management or Equivalent  Demonstrated expertise in portfolio management within the Auto Line of Business for Commercial Insurance. Strong knowledge of pricing and underwriting strategies, with experience in designing approaches that adapt to evolving market dynamics. Proven track record of driving business profitability and delivering superior outcomes. Excellent analytical skills, with the ability to interpret complex data, extract meaningful insights, and make data-driven decisions. Exceptional collaboration and communication skills, with the ability to effectively influence and negotiate with stakeholders at all levels. Strong project management abilities, with a focus on driving results and meeting deadlines. In-depth knowledge of the commercial insurance industry, including market trends, regulatory frameworks, and emerging technologies. Understanding of commercial underwriting and insurance industry theories and practices.  Detail-oriented and critical thinking skills essential for integrating underwriting strategy, rules, and modeling concepts.  Experience or aptitude for insurance pricing models, data analytics and analysis.  Proficiency in Microsoft Excel, PowerPoint and PowerBI. 


Education:

Bachelor's degree in Business Administration, Finance, Economics or a related field. MBA or relevant professional certifications are preferred.

Confirm your E-mail: Send Email