Regional Underwriter Manager - Casualty

Chubb; Miami (FL); On-site; USD 150,000 - 210,000; Full time

Job summary

Chubb in Miami seeks a senior underwriting leader for LATAM liability coverage development and marketing. You will plan, direct and control underwriting, risk assessment, pricing of policy contracts and reserves, ensuring compliance with Chubb standards.

You will receive referrals from multiple countries and evaluate approvals. Responsibilities include budgeting for LATAM, setting production targets, developing new products, quoting, underwriting within authority, and generating management

Qualifications

• Underwriting and pricing of liability policies.
• Risk assessment and technical reserves understanding.

Responsibilities

• Formulate and manage LATAM underwriting budget and targets.
• Plan strategies to meet monthly and annual production goals; review forecasts.
• Develop and implement liability underwriting policies, guidelines and rates.
• Create and quote new products; monitor quotations and renewals in LATAM.
• Underwrite within authority; produce reliable information for decisions.
• Generate management reports and analyze actuarial data.
• Coordinate periodic technical audits to ensure compliance.

Job description

KEY OBJECTIVE:

The position reports to the VP Casualty LATAM and is commercially responsible for the development and marketing of liability insurance coverages and products across all LATAM countries. Technically, it is responsible for the planning, direction, and control of all activities related to underwriting, risk assessment, and pricing of policy contracts and technical reserves, always ensuring strict compliance with the standards, guidelines, and underwriting policies established by Chubb. Receives referrals from various countries for business that exceeds the underwriter’s authority and evaluates their approval.

Responsible for identifying and developing new business prospects for LATAM, as well as recognizing new market segments, focusing on the evolving needs of clients or segments currently served.

MAJOR DUTIES & RESPONSIBILITIES:

• Formulate and adhere to the assigned budget for LATAM, seeking various alternatives to achieve it. Ability to anticipate challenges and provide solutions.
• Plan strategies and control measures to meet monthly and annual production targets. Review country forecasts and deviations.
• Implement policies, systems, and procedures for underwriting liability business, in accordance with corporate guidelines.
• Conduct commercial research and development, including new products for the local market; define underwriting guidelines and rates for these products.
• Create and quote new products, as well as coordinate and monitor new quotations and renewals in each LATAM country.
• Review and underwrite business within their authority.
• Monitor and follow up on systems and procedures to ensure proper issuance of policies, endorsements, etc., providing reliable and timely information for decision-making.
• Generate and control management reports. Review and analyze results, actuarial and managerial reports.
• Monitor facultative reinsurance placement.
• Review and send portfolio profiles for different lines.
• Update underwriting policies.
• Manage all aspects of the lines (proposals, presentations, files, rate authorizations, etc.).
• Ensure the effectiveness of processes for identifying and managing risks assumed by the company in its operations and activities.
• Take measures to address any deficiencies identified in business management.
• Establish, together with the Administration and Finance department, systems and procedures for reinsurance control.
• Ensure that reports and statistics from their area are prepared and sent to the relevant departments, for all LATAM.
• Coordinate periodic technical audits for the countries, in line with corporate guidelines; define corrective measures and follow up on their implementation.