Actuarial Skills, Analysis Skills, Attorney, Budgeting, Business Development, Claims Processing, Communication Skills, English Language, Finance, Financial Systems, Forecasting, Industrial Engineering, Insurance, Insurance Underwriting, Interpersonal Skills, Liability Insurance, Maintain Compliance, Market Segmentation, Marketing, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Policy Analysis, Policy Implementation, Pricing, Problem Solving Skills, Qualitative Analysis, Quantitative Analysis, Regulatory Compliance, Reinsurance, Research & Development (R&D), Research Skills, Risk Analysis, Risk Management, Sales Prospecting, Statistics, Strategic Planning, Time Management, Underwriting
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.
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.
MINIMUM REQUIREMENTS:
- Strong analytical skills and interest in solving technical and financial problems.
- University degree: lawyer, commercial or industrial engineer, or a professional oriented towards business and finance.
- Master's degree in Finance or similar is a plus.
- Advanced English.
- Portuguese is a plus.
- Excellent service attitude, good communicator.
- Interpersonal skills to interact with all levels of the organization.
- Negotiation skills and ability to advise internal and external clients.
- Ability to perform quantitative and qualitative analysis for decision-making.
- Advanced proficiency in Office (Excel, Word, PowerPoint).
- Autonomy, but within a team environment.
- 6 years of experience in liability insurance areas.
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Chubb Ltd
Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.
With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.
As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.
Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.
What we deliver:
- Extensive product and service offerings
- Broad distribution capabilities
- Service excellence
- Risk expertise
- Underwriting discipline
- Exceptional financial strength
- Local operations globally