VP, Commercial Insurance Portfolio Manager
Company: Chubb
Location: Whitehouse Station
Posted on: April 1, 2026
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Job Description:
Description Chubb is seeking a VP, Commercial Insurance
Portfolio Manager to work within the Middle Market Commercial
Insurance Division, focusing on a Managing General Agent (MGA)
Partnership that targets the Specialty Trade and Building
Contractor Segment. The role involves managing Workers Compensation
and other Casualty lines through Independent Agents specializing in
construction. The VP, Portfolio Manager will report to an EVP,
Product Line Leader. Key Responsibilities: Collaborate with the
Middle Market Product Line Teams and the Construction Industry
Practice to implement underwriting strategies for both Product Line
and Corporate Construction within the Managing General Underwriter
(MGU). Develop and implement consistent standards for the Managing
General Underwriter (MGU) to submit account-level referrals to the
company for risks that exceed delegated authority. Track and
analyze claim trends, providing actionable recommendations to
Product Line Managers. Work with actuarial resources to perform
quarterly data analyses and propose actions for Product Line
Leaders to consider. Partner with the corporate reinsurance team to
conduct cost-benefit analyses of reinsurance purchases, aiming to
achieve the desired net results for the program. Evaluate actual
pricing against Product Line standards to ensure it meets adequacy
and compliance guidelines. Conduct regular portfolio reviews with
Actuary and Product Line leaders to ensure that current liability,
medical/benefit trends, and loss development patterns are
accurately reflected in program pricing models. Oversee the
execution of portfolio production and profit KPIs, recommending
adjustments to Product Line Leaders to ensure performance aligns
with portfolio goals. Utilize portfolio data analysis to guide the
selection of accounts for the annual underwriting audit,
coordinating audit objectives with Product Line Leaders and
Corporate Underwriting. Collaborate with the Portfolio Claim
Business Consultant to ensure that Third-Party Administrator (TPA)
usage decisions are cost-effective, positively impact claim
results, and align with expense targets. Qualifications
Demonstrated advanced VP-level skills, including a proven track
record in achieving results, developing customer and producer
relationships, fostering collaboration and teamwork, solving
problems, and effective communication (both written and verbal).
Strong interpersonal, analytical, and negotiation abilities.
Detail-oriented with advanced skills in influence management.
Proven capability to interact effectively with all levels of
internal and external business partners. Ability to manage multiple
tasks and balance various priorities efficiently. Education and
Experience: Required: Strong business acumen, expertise in data
analytics, and a solid understanding of commercial underwriting and
insurance industry theories and practices. Preferred: Background in
Casualty Underwriting with knowledge of the construction segment,
including WRAP-UP and loss-sensitive program structures. Desirable:
Familiarity with program business and Managing General Underwriter
(MGU) processes. Basic knowledge of Chubb’s Claim and Policy
administration systems. The pay range for the role is $160,000 to
$210,000. 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.
Keywords: Chubb, Newark , VP, Commercial Insurance Portfolio Manager, Accounting, Auditing , Whitehouse Station, New Jersey
