We are seeking a Commercial Insurance Manager to oversee the profitable growth of the Middle Market P&C portfolio for Chubb’s Minneapolis, MN branch. This role is accountable for the Commercial Insurance underwriting operations and results, with a strong focus on driving new business production and retention efforts along with cultivating both internal and external relationships. The Minneapolis branch manages a Commercial Insurance Gross Written Premium (GWP) exceeding $125 million, with a diverse portfolio inclusive of Manufacturing, Wholesale, Food, Professional Services, Technology, Life Sciences, Climate Tech, and Energy.
The geographic scope of this position encompasses distribution partners that are appointed throughout Minnesota, North Dakota and South Dakota. The Commercial Insurance Manager will lead underwriting and marketing initiatives through a team of direct reports, as well as core resources across the Midwest Region, to engage with agents, brokers, and clients appointed through the Minneapolis branch.
Specific responsibilities include:
Portfolio Management responsibility for managing Chubb’s Commercial Insurance field business within the Minneapolis branch, inclusive of the P&C customer groups and other Commercial Specialties. P&L Accountability: Responsible for premium, profitability, growth, retention, and expense plans/results for Commercial Insurance P&C business. Grow Specialties lines of business: Drive growth of Multinational, Environmental, A&H, Marine and Financial lines through effective collaboration, marketing, targeting, and cross-sell execution.Underwriting Strategy Execution: Manages execution of new and renewal underwriting strategy for local underwriters and in tandem with remote resources. Oversee workflows, staffing resources, and appropriate application of technology to ensure efficient, cost-effective field operation.Serve as a technical underwriting resource through underwriting authority management referral activities and self-audit procedures, coordinating these efforts with Home Office/Product and Segment leaders.Corporate Underwriting Audit: Monitors underwriting quality and achieves Satisfactory score with underwriting authority violation below the allowed threshold.Marketing Strategy and Execution: Works closely with Field Operations on development and execution of marketing strategy and coordinates marketing and production activities within assigned branch for the entire portfolio of CI business.Expense Administration: Collaborate with Midwest Regional manager and WHS to ensure effective expense administration for assigned branches.Staff Development and Staff Administration: Accountable for new hire onboarding, training and developing, succession planning, culture of inclusion, coaching and mentoring, and retention of staff.8+ years Multi-line underwriting experience with a strong understanding of P&C lines of business, industry practices, products and appetiteStrong understanding of field distribution plant (broker, regional, independent agents)Strong people management skillsStrong technical/underwriting leadership skills to manage a team of multiline commercial underwritersAdvanced marketing and sales skillsBuilds Strategic RelationshipsDrives Customer FocusDemonstrates AgilityDrives ExecutionExerts Operational Decision MakingExhibits Skillful Communication
The pay range for the role is $160,000 to $190,000. 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 on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.