Business Development Manager
Company: National African-American Insurance Association (N
Location: San Francisco
Posted on: May 15, 2025
Job Description:
Westchester, a Chubb Company, is one of the largest and most
diverse excess and surplus lines commercial property and casualty
insurance underwriters in the United States. Focused on the
wholesale distribution channel, Westchester provides innovative
specialty products for property, specialty casualty, environmental,
financial lines, inland marine, product recall, small business
(Digital binding and Middle Market), and programs.The position will
be based within the defined geography, preferably in close
proximity to a Westchester Regional Underwriting Office. The
position will report to the Regional Business Development Manager.
The position will be based in California with proximity to a
Westchester Regional Underwriting Office with territorial
responsibility throughout the Pacific, including the Pacific
Northwest.Job Summary:
- Responsible for the execution of Westchester business
development strategies and tactics within the defined
territory.
- Accountable for achievement of production and product-mix plans
in the defined territory.
- Coaches and mentors other BDMs on best practices.
- Consistently delivers superior results on a monthly, quarterly,
and annual basis.
- Contributes expertise in distribution, business development,
and broker management.
- Exhibits a thorough understanding of the local marketplace,
Westchester's capabilities within that marketplace, and corporate
vision.
- May take on additional responsibilities as a Regional Broker
Owner.MAJOR DUTIES & RESPONSIBILITIES:
- Executes, with minimal RBDM oversight, sales strategies and the
tactical priorities to achieve annual objectives for the capture of
market share, new appointments, submission growth, new premium
growth, efficient hit ratios, and product mix in defined
territory.
- May supervise, coach and/or mentor peers on best practices and
assist with the development of sales plans and discipline around
expected behaviors.
- Influences and executes, with minimal RBDM oversight,
Westchester broker management and compensation strategies,
developing and managing local relationships.
- Develops, with minimal RBDM assistance, an annual production
plan consistent with regional and national Westchester plans.
- Maintains relationships and works closely with Westchester
underwriting staff to promote Westchester products and
capabilities.
- Ensures that underwriters travel to see brokers in the
territory and coaches them on conducting effective meetings.
- Maintains solid product and appetite knowledge across all
Westchester business units and develops a broader understanding of
all Chubb products and capabilities.
- Thoroughly competent on all Westchester production and
reporting systems.
- Identifies competitive threats and Westchester vulnerabilities
and works with RBDM to solve for them.
- Shares feedback to all business units on market conditions,
competitors, and competitive positioning in the territory.
- Identifies and onboards new brokers through effective
pipelining, pre-qualification, and territory analysis/management
with minimal support from RBDM.Qualifications
- 4 year college degree preferred.
- 3 -6 successful business development experience preferred.
- Demonstrated ability to achieve monthly, quarterly, and annual
production goals.
- Knowledge of, and relationships with, key Westchester
distribution partners and underwriters in the territory.
- Preferred candidate can demonstrate collaborative experience as
part of a high performing, successful sales team.
- Negotiation, relationship building, and presentation
skills.
- Thorough understanding of E&S products and the wholesale
distribution channel.
- Proficiency with Microsoft products (Excel, Word, Outlook,
PowerPoint).
- Entrepreneurial and creative approach to challenges and
opportunities.The pay range for the role is $127,500 to $172,500.
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
. The disclosed pay range estimate may be adjusted for the
applicable geographic differential for the location in which the
position is filled.
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Keywords: National African-American Insurance Association (N, San Bruno , Business Development Manager, Executive , San Francisco, California
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