EVP, Underwriting, Chubb Environmental Risk
Apply NowCompany: Chubb
Location: Philadelphia, PA 19120
Description:
Job Description
Who We Are
We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Working together, we are one Chubb. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values. We approach problems with a can-do attitude and are committed to developing deep relationships - all while moving quickly to meet client needs.
EVP, Environmental Tower Leader
Key Objectives:
This leadership role is responsible for all aspects of Chubb's Environmental business including business strategy, operations, underwriting, profitability and business development for all segments of Environmental business in North America. The Environmental (ENV) Leader is responsible for maintaining Chubb's position as the premier provider of Environmental insurance in North America. The ENV Leader will develop and implement business strategies to achieve the company's objectives and drive profitable growth for the ENV Tower, which includes Commercial Insurance, Major Accounts, Small Commercial, and Westchester. The ideal candidate will have a deep understanding of environmental issues, regulatory frameworks, and the insurance landscape.
Key Responsibilities:
Qualifications
The pay range for the role is $260,000 to $325,000. 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.
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.
Who We Are
We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Working together, we are one Chubb. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values. We approach problems with a can-do attitude and are committed to developing deep relationships - all while moving quickly to meet client needs.
EVP, Environmental Tower Leader
Key Objectives:
This leadership role is responsible for all aspects of Chubb's Environmental business including business strategy, operations, underwriting, profitability and business development for all segments of Environmental business in North America. The Environmental (ENV) Leader is responsible for maintaining Chubb's position as the premier provider of Environmental insurance in North America. The ENV Leader will develop and implement business strategies to achieve the company's objectives and drive profitable growth for the ENV Tower, which includes Commercial Insurance, Major Accounts, Small Commercial, and Westchester. The ideal candidate will have a deep understanding of environmental issues, regulatory frameworks, and the insurance landscape.
Key Responsibilities:
- Develop and execute the overall strategy for the environmental underwriting division, ensuring alignment with the company's growth and profitability objectives within each customer segment. Monitor and manage the financial performance of the environmental underwriting portfolio, including loss ratios, premium growth, and profitability.
- Drive strategic vision for the future of the Environmental practice creating greater efficiencies in underwriting process and facilitating future growth in lower middle market and small customer segments.
- Collaborate with other business units and departments to ensure alignment of underwriting strategies and processes. Strong focus on cross-selling.
- Oversee the evaluation and analysis of environmental risks associated with underwriting policies, including Premises Pollution Liability, Contractors Pollution Liability and Storage Tank Liability.
- Build, mentor, and lead a high-performing team of underwriters and product experts, fostering a culture of excellence, collaboration, and continuous improvement.
- Provide training, development, and career path opportunities for ENV employees, ensuring continuous skills improvement, knowledge development, and leadership opportunity.
- Conduct market research to identify trends, opportunities, and competitive positioning in the environmental insurance sector.
- Identify market trends and developments within the environmental market segment, promote thought leadership, and develop and implement strategies to capitalize on opportunities and mitigate risks.
- Represent the company at industry conferences and events, contributing to discussions on environmental risk management and insurance solutions.
Qualifications
- Bachelor's degree in Environmental Science, Risk Management, Business Administration, or a related field; advanced degree preferred.
- Minimum of 15 years of experience in underwriting, with a focus on environmental risks and insurance products.
- Proven track record of leadership in a senior underwriting role, preferably within a large insurance company.
- Strong understanding of environmental regulations, risk assessment methodologies, and market dynamics.
- Excellent analytical, negotiation, and communication skills.
- Ability to think strategically and drive results in a fast-paced environment.
- Frequent travel required.
The pay range for the role is $260,000 to $325,000. 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.
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.