Director, Credit Management
Company: Chubb
Location: Philadelphia
Posted on: April 2, 2026
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Job Description:
Description 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 but not limited to direct management of a portfolio of
counterparty credit exposures as well as oversight of select staff
portfolios of counterparty credit exposures. 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: Assess Counterparty
Credit Quality Lead and perform due diligence and financial
assessment of counterparty credit quality for both existing
programs and prospective new business opportunities, which includes
an in-depth analysis of financial statements and associated
MD&A, forecasts, business model and strategy, industry, and
macroeconomic factors, as well as other publicly available
information and/or information from direct Q&A with qualified
counterparty sources. Set standards for credit assessment processes
and mentor Analysts in evaluation techniques. Consult on Program
Structure / Collateral Requirements and Collateral Form Collaborate
with Underwriting, Actuarial, Legal, and other internal
stakeholders as necessary on the appropriateness of the program
design, and to ensure the collateral determination and adequacy
adheres to guidelines and delegated authorities. Engage with Legal
to incorporate required credit-related language into program
agreements and contracts. Review and approve collateral form &
amount, collateral language, and collateral-issuing counterparty
for acceptability and compliance with corporate standards and
regulatory requirements, specifically as pertains to Letters of
Credit, Trusts/Pledge Agreements, Surety Bonds, and Cash/Escrow
deposits. Provide strategic guidance on collateral policy and
process improvements. Manage Counterparty Credit Risk / Minimize
Credit Losses / Promulgate Guidelines & Best Practices / Project &
Initiatives Interface with various stakeholders on credit-related
matters and cross-functional deliverables. Ensure receipt, care,
custody, and control of incoming collateral instruments and
associated documentation. Assist with Bankruptcy & Insolvency
management providing leadership in complex cases. Provide status
reports and maintain internal control reports on credit-related
items including outstanding collateral and associated documentation
ensuring accuracy and compliance. Support Departmental Training &
Development and continuous improvement initiatives. Manage and
develop junior staff. Oversee Special Projects or Ad-Hoc
assignments. Qualifications Bachelor’s degree in Finance or
Accounting with at least 5-7 years of relevant work experience.
Knowledge of insurance principles and financial institutions is a
plus but not required. MBA or CPA (or progress towards) a plus but
not required. Strong analytical and critical thinking skills, with
the ability to assess and interpret financial information and
articulate findings clearly. Proficient technical skills and
ability to navigate various applications/data sources. Light travel
required.
Keywords: Chubb, Allentown , Director, Credit Management, Accounting, Auditing , Philadelphia, Pennsylvania
