Division President, Chubb Tempest Re Bermuda

Posted 2 Days Ago
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2 Locations
In-Office or Remote
Expert/Leader
Insurance
The Role
Lead Chubb Tempest Re Bermuda with direct underwriting responsibility for US and international property and specialty reinsurance. Manage senior underwriting team, set pricing and accumulation limits, oversee underwriting, actuarial, claims, IT and technical functions, market to clients and brokers, present results to parent company, and drive strategic growth and portfolio catastrophe risk management.
Summary Generated by Built In

Chubb Tempest Reinsurance Ltd. invites applications for the position of Division President.  Reporting to the SVP, Chubb Group and President, Chubb Tempest Re, the duties for this position include, but are not limited to:

  • Direct underwriting responsibility of US book of property reinsurance and International book of property reinsurance and Specialty reinsurance.
  • Manage team of underwriters.
  • Establish and monitor price decisions and aggregate accumulations.
  • Set strategic and tactical goals for company’s success.
  • Market the company to clients and intermediaries.
  • Present company’s results to parent company on a quarterly basis.
  • Coordinate activities with other Chubb Group of Companies.
  • Work within management team to co-ordinate with other Chubb Tempest companies.
  • Oversee and coordinate underwriting, marketing, actuarial, claims, IT and technical functions of company.
  • Provide leadership for highly motivated and skilled team of professionals.
  • Manage worldwide portfolio of catastrophe risk and set underwriting guidelines.
  • Overall management responsibility for the continued growth and success of Chubb Tempest Re Bermuda.
Qualifications
  • Minimum of 20 years of relevant insurance or reinsurance experience.
  • In depth understanding of reinsurance accounting and claims.
  • A numerate degree from an accredited institution. 
  • Technical acumen pertaining to cat models and portfolio optimization
  • International experience required.
  • Experience in all lines of Property and Casualty reinsurance.
  • ARe or CPCU designation preferred
  • Extensive broker and client relationships.
  • Experience in structuring and pricing reinsurance programs.
  • Minimum of 5 years’ experience leading and managing a team of senior underwriters
  • Excellent oral and written communication skills.
  • Ability to meet tight deadlines and work extended hours and weekends when required.
  • Travel required.
About Us
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.

Skills Required

  • Minimum of 20 years of relevant insurance or reinsurance experience
  • In depth understanding of reinsurance accounting and claims
  • A numerate degree from an accredited institution
  • Technical acumen pertaining to cat models and portfolio optimization
  • International experience
  • Experience in all lines of Property and Casualty reinsurance
  • ARe or CPCU designation
  • Extensive broker and client relationships
  • Experience in structuring and pricing reinsurance programs
  • Minimum of 5 years' experience leading and managing a team of senior underwriters
  • Excellent oral and written communication skills
  • Ability to meet tight deadlines and work extended hours and weekends when required
  • Travel required
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The Company
HQ: Zürich
27,791 Employees

What We Do

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.

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