The Opportunity 

Chubb has setup a flagship digital affinity company called Chubb Digital Partners (CDP), which will provide holistic embedded insurance or protection value propositions for distribution partners in Life, General, and Health Insurance, as well as Value-Added Services (VAS).  CDP will conduct operations in India, Saudi Arabia, Turkey, the United Arab Emirates, and across Africa. The company will either operate as an insurance intermediary and/or operate as a tech services provider. 

CDP will start with a lean team structure, a key vertical of which will be the Insurance / Reinsurance vertical. The Head of Insurance / Reinsurance will oversee the end-to-end interaction of insurance / reinsurance within CDP, including: 

Creating product constructs tailored for partners’ customers Sourcing preliminary pricing from within Chubb and externally from insurers / reinsurers / assistance service providers  Managing relationships with insurers and reinsurers across key markets Supporting the Partnerships and Growth teams on partnership pitches, growth strategy, and expansion of markets / solutions  Leading and driving the reinsurance strategy and setup for Chubb Digital Partners  Executing product launches with partners across key markets

The Head of Insurance / Reinsurance will also be responsible for ensuring the pricing and profitability of products for CDP by aligning with the CEO and the Finance Department.

Your Responsibilities for this role may include, but are not limited to:

Define the insurance strategy and profitability optimization relevant for the growth and profitable scaling of CDP Create fit-for-purpose insurance solutions for partners by sourcing from within Chubb and / or from external insurers / reinsurers / assistance service providers Drive end-to-end insurance products and solutions, from insurance solution pitches / proposals to launch Support in estimating opportunity size, including commercialization  Engage & grow relationships internally within Chubb’s ecosystem as well as with external insurers, reinsurers, assistance services providers, brokers, and TPAs Prepare documentation and oversee relevant processes for – product proposals, product specifications, commercial models, insurance content, and customer-compliant documents Review & negotiate commercials within Chubb and with insurers / reinsurers / assistance service providers, including benefits, exclusions, T&Cs, onboarding & claims practices Review & propose regulatory and legal requirements for partnerships, insurance structures, taxes & fund flows Work with the Strategy team to design and create storylines, visions, and narratives for partners Represent CDP at industry events and conferences

What skills & experience are required?

Minimum 15+ years working experience in the insurance or financial services industryPrior experience in reinsurance is preferredPrior experience in Insurtech industry is a bonusStrong network with insurers and reinsurers in India and MENA markets is requiredExperience in fast, growing startup or similarExtensive experience in general insurance (travel and retail verticals), any additional experience in Life and Health insurance is a bonusExperience in developing and executing end-to-end product launches, especially through an insurtechExperience in product pricing, including actuarial and data-related workProven track record of leading and delivering complex projects from conception to productionFamiliarity with the industry or sector relevant to the organization is a plusAble to work on the ground with team members and cross functional teams beyond leadership-related responsibilitiesWillingness to travel as needed

 

Integrity. Client focus. Respect. Excellence. Teamwork

Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters