VP, Commercial Property Manager

Chubb; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A global insurance company is seeking a strategic and dynamic leader to oversee the Canadian Property book of business. This role involves managing underwriting, developing an underwriting team, and executing strategies for profit growth. Candidates should have 5-7 years in property underwriting with leadership experience, strong technical skills, and a customer-focused mindset. The position also emphasizes business development and team management to sustain agency relationships and execute marketing strategies.

Qualifications

• Minimum 5-7 years property underwriting experience with previous leadership experience.
• Strong technical underwriting skills with experience writing on various company and broker manuscript wordings.
• Demonstrated people management skills with ability to build teams.

Responsibilities

• Lead the Property tower for Commercial Insurance.
• Accountability for P&L in the commercial insurance portfolio.
• Manage execution of Property underwriting strategies.
• Oversee marketing strategy and business development activities.
• Facilitate product education and manage local producer relationships.

Skills

Property underwriting experience

Technical underwriting skills

People management skills

Advanced marketing skills

Strategic relationship building

Customer focus

Agility

Decision making

Communication skills

Job description

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.

Key Objectives

We are looking for a strategic and dynamic leader to profitably grow the Canadian Property book of business, reporting into the EVP of Commercial Insurance in Canada. This role is responsible for underwriting, hiring, retention, performance management, compensation, technical training, coaching, and development of an underwriting team.

Major Responsibilities

• Lead Property tower that operates across Commercial Insurance with focus on quota share placements. Role requires collaboration with property line of business leaders to leverage capabilities.
• Expand property product offerings across target industry practices across the Canadian Region.
• P&L - Accountability (premium, profitability, growth, retention, and expense plans/results) for all property within the commercial insurance portfolio.
• Underwriting Strategy Execution - Manages execution of Property underwriting and renewal underwriting strategies.
• Technical UW/Referral Resource - In collaboration with Product and Territory Underwriting Managers, serves as technical resource for referrals and underwriting authority based on technical background. Point of contact for branch risks which fall outside of field authority; coordinate efforts with Home Office/Product and Segment leaders.
• Quality Assurance - Monitors underwriting quality through quarterly self-audits, referral interactions, and Corporate Underwriting audits.
• Marketplace Focus - Develop opportunities particular to the marketplace and provide customized insurance solutions through local resources.
• Marketing Strategy and Execution - Works closely with Field Operations on development and execution of marketing strategy and coordinates marketing and production activities within the product segment and region
• Business Development - Directs business development activities and provides guidance for implementing sales and/or product launches.
• Producer Management: Primary responsibility for managing regional/local producer plant; responsible for cohesive and consistent agency management strategies across distribution. Facilitates product education/appetite; serves as point person for key local producer relationships.
• Staff Development and Staff Administration (including Performance Management and Compensation) for the underwriting team – Accountable for new hire onboarding, training and developing, succession planning, culture of inclusion, coaching and mentoring and retention of staff.Oversee workflows, staffing resources, and appropriate application of technology to ensure efficient, cost-effective field operation. Collaborate with HR on performance management and compensation process.

Qualifications

• Minimum 5-7 years property underwriting experience with previous leadership experience
• Strong technical underwriting skills with experience writing on various company and broker manuscript wordings
• Strong understanding of field distribution plant (broker, regional, independent brokers)
• Demonstrated people management skills with ability to build teams
• Advanced marketing and sales skills
• Builds strategic relationships
• Drives customer focus
• Demonstrates agility
• Drivers execution
• Exerts operational decision making
• Exhibits skillful communication

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.