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Technology Industry Practice Leader CEMENA

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Chubb

1mo ago

  • Job
    Full-time
    Expert Level
  • Madrid

AI generated summary

  • You need multiline underwriting experience in Tech E&O, Cyber & Casualty, knowledge of the tech sector, strong leadership skills, portfolio management, and a proven track record in strategy development.
  • You will execute business plans, drive financial targets, oversee underwriting strategies, ensure compliance, promote market relationships, innovate products, manage operations, and develop team performance.

Requirements

  • Strong multiline underwriting experience across Tech E&O, Cyber & Casualty
  • Extensive knowledge of the Technology sector
  • Portfolio management capabilities
  • People management and leadership skills
  • Strong working knowledge of the technology insurance market and competitors
  • Results driven with ability to make own decisions and work on own initiative
  • An experienced professional whose expertise is recognised externally
  • Being able to demonstrate examples of strategy development and operational improvement would be desirable
  • Ability to execute and influence at all levels both internally and externally

Responsibilities

  • Planning – Prepare and execute a business plan for the Technology Industry Practice with key actions and tactics
  • Financial Target - Delivering and exceeding the Technology Practice financial plan.
  • Underwriting Referral – act as the main referral point for technology underwriters
  • Strategic focus - Working closely with Line of Business Heads and COG to formulate and deliver on an underwriting strategy. Ensuring quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular management meetings. Supporting effective management of the technology portfolio.
  • Procedures - Meet company standards in respect of policy documentation, contract certainty and compliance and regulatory requirements.
  • Compliance - To be responsible for Peer review implementation across the practice and the completion of all audit requirements and actions within agreed timescales and adherence to all legal compliance standards
  • Leadership - Promoting Chubb as a ‘Go to’ market to brokers and clients. Acting as a senior representative for Industry Practices (both internally and externally), driving the strategic relationships, in terms of trading and execution with all our broking partners. Supporting and encouraging colleagues to drive the business. Responsible for the strategic and operational management of the team.
  • Product Development - Developing and seeking out new opportunities to innovate within the Technology practice, working with other stakeholders (including other Product lines) to generate new ideas. Regularly conduct and share market research and intelligence. Identify and harness new opportunities
  • Training/People - Working with regional managers and COG ensure the provision of appropriate training and mentoring support in the team to support appropriate authority delegation. Ensure there is robust succession planning in place across the practice.
  • Operational Management - Understanding, interpreting, and communicating to the team effectively the Strategic Priorities of the Practice. Continually monitoring and effectively managing the allocation of resource to meet business objectives, ensuring external priorities and broker needs are constantly at the forefront of our decision-making process. Shaping and refreshing roles for employees, maximising both individual employees’ and the team’s potential. Manage, track and review performance of the team and individual team members.
  • Ignite – Manage the online Technology product, seeking opportunities to grow our SME portfolio

FAQs

What is the primary purpose of the Technology Industry Practice Leader role?

The primary purpose of the role is the management and leadership of the CEMENA Technology Industry Practice, focusing on underwriting, business planning, operational efficiency, and team development.

What kind of underwriting experience is required for this position?

Strong multiline underwriting experience across Technology Errors & Omissions (Tech E&O), Cyber, and Casualty is required.

What responsibilities will the Technology Industry Practice Leader have regarding financial targets?

The Technology Industry Practice Leader is responsible for delivering and exceeding the financial plan for the Technology Practice, ensuring accurate planning and forecasting of rates, retention, and new business.

How does the role involve people management?

The role involves leadership in a matrix environment overseeing a large team of underwriters, setting the vision and plans, supporting day-to-day needs, and addressing talent development needs.

What engagement with brokers is expected in this position?

The position requires understanding the broker landscape for Technology and actively engaging in high-value relationships and opportunities to drive new business activity.

Is product development part of the role?

Yes, the role involves developing and seeking new opportunities to innovate within the Technology practice and working with other stakeholders to generate new ideas.

How does the Technology Industry Practice Leader support compliance and procedures?

The leader is responsible for meeting company standards in policy documentation, ensuring compliance with regulatory requirements, and implementing peer reviews across the practice.

What skills are crucial for success in this role?

Crucial skills include strong multiline underwriting experience, extensive knowledge of the Technology sector, portfolio management capabilities, people management skills, and the ability to execute and influence at all levels.

What is expected regarding strategic planning and execution?

The incumbent is expected to prepare and execute a business plan for the Technology Industry Practice, with key actions and tactics aimed at achieving defined financial and operational goals.

Will training and mentoring be part of the role?

Yes, the role includes ensuring the provision of appropriate training and mentoring support for the team and fostering robust succession planning across the practice.

The world's largest publicly traded property and casualty insurance company

Finance
Industry
10,001+
Employees
1882
Founded Year

Mission & Purpose

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.