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Vice President, PRS Flood Product Leader
Location:
Chicago, IL
Description:
JOB DESCRIPTION JOB SUMMARY: Responsible for driving all financial metrics relating to the Flood Lines of Business Sets and communicates clear LOB Product strategy, to ensure PRS's Flood offering is aligned with Chubb's personal lines target market and value-added strategy in order to create a competitive advantage Develop and manage all Flood pricing, underwriting and coverages. Coordinate and prioritize implementation of resultant changes with other PRS functional departments Develops annual Flood rate plan based upon the PRS Actuarial Pricing Study rate indications Manage and drive Flood priorities within the PRS systems MAJOR DUTIES & RESPONSIBILITIES: Accountable for driving profitable growth of Flood line of business Work with Field Product Leader, field teams and Digital Distribution Lead to develop strategies to increase submission flow of profitable Flood new business Monitor industry pricing, underwriting and contract changes and internally developed competitive analysis to educate the organization and potentially make revisions to our programs as warranted Advance underwriting and pricing accuracy by identifying and implementing reliable sources of verified third party data Develop, lead and monitor various projects Partners with the Catastrophe Modeling team to monitor areas of catastrophe and aggregation concerns and leads appropriate business actions to achieve corporate goals Develops and implements catastrophe management strategies Develop and implement underwriting models/guidelines which support the division's target market strategy and enable appropriate underwriting business awareness identification/declination of risks which cannot be adequately priced or have catastrophe concerns Engage with internal and external business partners to drive line of business awareness, facilitate on-site and virtual training on rating & coverage enhancements, Flood related topics Provide periodic communications to the overall PRS teams regarding "state of the class" such as performance/results patterns, trends, competitive subjects, strategies, product and pricing developments/changes, etc. Collaborate in a team environment with Field Product Management, Sales, Underwriting, Risk Consulting, Operations, IT, Claims, General Counsel, and Actuarial to achieve business plans Work with Marketing to develop new marketing materials and resource tools Represent Chubb on various industry committees and conferences Requisition #: 61356ahf9io63
Company:
Chubb
Posted:
April 3 on InsuranceJobs
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More About this Listing: Vice President, PRS Flood Product Leader
Vice President, PRS Flood Product Leader is a Advertising & Marketing PR, VP Job at Chubb located in Chicago IL. Find other listings like Vice President, PRS Flood Product Leader by searching Oodle for Advertising & Marketing PR, VP Jobs.
Vice President, PRS Flood Product Leader is a Advertising & Marketing PR, VP Job at Chubb located in Chicago IL. Find other listings like Vice President, PRS Flood Product Leader by searching Oodle for Advertising & Marketing PR, VP Jobs.