Director - Global Credit Management

Job Summary :

Chubb Global Credit Management is primarily responsible for the assessment and mitigation of direct and indirect credit risk to the Chubb organization across a broad range of credit counterparties within various industries and geographies which involve contractual payment or reimbursement obligations to Chubb, namely – Insureds with Large Deductibles / Retained Risk, Captive Reinsurers, Brokers, Agents, Managing General Agents, Vendors, Third-Party Administrators (TPAs), Network Partners, and Collateral-Issuing Providers.

The Director - Global Credit Management will broadly support the primary objectives of the Global Credit Management function, including supporting and / or leading initiatives focused on process improvement, workflow optimization, data quality / harmonization, training & development, and other departmental best practices and needs.

Critical attributes to succeed include excellent communication and interpersonal skills, with the ability to work effectively both individually and within a team environment, strong critical thinking, organizational, and prioritization skills, attention to detail, ownership and accountability, track record for delivering desired outcomes within prescribed timeframes, willingness to learn and further development, continuous improvement mindset, and ability to thrive in a dynamic, fast-paced environment.

Scope :

Support and lead projects and initiatives focused on process improvement, workflow optimization, quality control, and associated change management.

Interface with various stakeholders on credit-related matters and cross-functional deliverables.

Maintain, refine, develop, implement, and promulgate department guidelines, best practices / SOP.

Training & Development coordination and administration.

Prepare and assist with presentation materials and select internal reporting requirements.

Assist with audit and compliance requirements and deliverables.

Assist with analysis of counterparty credit quality, credit risk mitigation measures, and completing associated administrative, contractual, and reporting functions.

Assist with care, custody, and control of incoming & outgoing collateral instruments and associated documentation for compliance with corporate standards and regulatory requirements, specifically as pertains to Letters of Credit, Trusts / Pledge Agreements, Surety Bonds, and Cash / Escrow deposits.

Support departmental Expense FP&A needs

Ad hoc projects and assignments

• Bachelor’s degree in Finance or Accounting, with at least 10 years of relevant work experience.

MBA or CPA (or progress towards) a plus, but not required.

Knowledge of insurance principles and financial institutions a plus, but not required.

Experience with and demonstrated success with process improvement and change management.

Proficient technical skills and ability to navigate various internal & external platforms / data sources.

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.