Chubb is the world’s largest publicly traded property and casualty insurer. 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.

The Assistant Regional Product Manager is accountable for supporting the work of the Midwest Region product team. This work will involve assisting with profitable growth strategies for the 13 Midwest states, rate changes and pricing strategies, state regulatory changes, and managing binding suspensions in consultation with Line Leaders. This role will report to the VP Regional Product Leader for the Midwest.

Key Responsibilities: 

Accountable for driving profitable growth by assisting in the development and monitoring of various regional growth projects Work in a collaborative team environment with Sales, Underwriting, Risk Consulting, Operations, IT, Claims, General Counsel, Home Office Product Management and Actuarial to achieve overall business plans  Work with field representatives and Line of Business leads to address outcomes of rate indications by developing pricing and/or underwriting actions that contribute to growth while maintaining profitability and target market focus  Work with the Midwest Regional Team to monitor/identify emerging trends/concerns Evaluate market competitiveness, developing an understanding of market drivers and evaluating competitive advantages/disadvantages of products Conduct research and quantitative and qualitative analysis on state specific financial results and trends Assist in communicating results of strategic & tactical decisions to senior management Collaborate with Legal and Compliance to address regulatory changes within the region

Qualifications

Competencies/Skills:

Excellent negotiation, analytical and organizational skills with the ability to balance strategic and tactical work Data-driven decision maker; able to complete thorough research and investigation yet make decisions in a reasonable timeframe Understanding of personal lines of business including rate indications, pricing, and coverageStrong written and verbal communication skillsAbility to effectively work independently and with established teamsProficient with all Microsoft Office Products (Excel, PowerPoint, Word, etc.)Experience with data tools, such as SQL, Python, or R a plus.

Education and Experience:

Bachelor's degree with superior academic performance, preferably in an analytic fieldMinimum 3 years of experience in the insurance industry, preferably in an analytical roleExperience with high valued products desired

 

The pay range for the role is $93,700 to $159,300. 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.