Business Development Manager
Company: Chubb
Location: Chicago
Posted on: July 1, 2025
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Job Description:
The position will be based within the defined geography,
preferably near a Chubb Regional or Branch Office. The role will
report to the VP, Regional Business Development, and the Chicago
Branch Manager. Position is based in Chicago, IL. JOB SUMMARY: The
Business Development Manager (BDM) is responsible for business
development in the assigned territory of brokers, agents, and other
distribution partners, focused primarily on Chubb’s products and
services associated with Small Commercial, Middle Market and
Financial Lines business. The BDM acts as ambassador for all that
Chubb has to offer for a select group of Agents. The BDM is
responsible for overall agency relationship management including
new client acquisition and client management. Manages and maintains
focus on achieving metrics across KPI's, including Gross Written
Premium growth, New Business, profit, new agency appointments, and
visibility. MAJOR DUTIES & RESPONSIBILITIES: Successful and
documented track record of calling on insurance brokers and agents
within a predetermined territory/geography Develops tactical sales
plan designed to achieve annual objectives. These objectives to
include the capture of market share, new agency appointments, &
revenue growth Generates opportunities to acquire new business
through business development activities initiated with assigned
brokers & agents Builds relationships with key partnerships locally
and regionally to assist in business development opportunities
Demonstrated ability to achieve monthly, quarterly, and annual
production goals Works closely with commercial underwriting staff
and local field operations leadership Ensures that
products/services are competitively positioned in the market
Manages pipeline of key customers to meet and exceed growth goals
and objectives Serves as point of contact and relationship manager
for assigned producers Effectively manages daily, weekly, and
monthly goals and tracking responsibilities Works with underwriting
to evaluate, price and propose rate and strategy on small to large
commercial accounts Manages assigned workload to meet internal
productivity and timely service standards Minimum of 5 years
underwriting and/or Broker/Agent sales experience; business
development experience in commercial lines preferred. College
degree or equivalent business experience. CPCU or CIC recommended
Ability to work independently and assimilate learning materials on
many different subjects from various sources Excellent
interpersonal, communications and negotiation skills Authoritative
knowledge of all Chubb commercial coverages, products, services,
and liabilities Ability to be self-motivated and a self-starter
Ability to make independent decisions using Chubb best practices
for guidance Excellent verbal and written communication skills
Capable of dealing with highly visible and demanding customers Must
be able to effectively work in a team and matrix reporting
environment. The pay range for the role is $99,900 to $150,000. The
specific offer will depend on an applicant’s skills and other
factors. This role may also be eligible to participate in the Sales
Incentive Plan. Based on Sales Scorecard results, a Business
Development Manager can earn up to 100% of their salary; actual
results may vary. 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. 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.
Keywords: Chubb, Hammond , Business Development Manager, Sales , Chicago, Indiana