Job Description
The VP, Governance is a key leader within the Transformation & Delivery Office (TDO), responsible for designing and running the governance framework that enables disciplined oversight of the strategic portfolio. This role owns portfolio budget management, financial planning, executive decision forums, and governance routines that ensure strategic programs are transparent, well-controlled, and aligned to business priorities.
The role manages the operating cadence for governance across TDO, including Decision Management Group (DMG) and Steering Committee meetings, executive materials, decision tracking, action follow-up, and portfolio-level financial visibility. This leader partners closely with program leaders, finance, business stakeholders, and executive leadership to support sound decision-making, clear accountability, and effective management of strategic investments.
- The title and career band/level for this position are flexible based on the candidate’s experience.
Key Responsibilities
Governance Framework & Operating Model
- Lead the governance framework for the TDO portfolio, including meeting structures, decision rights, escalation paths, approval processes, and accountability mechanisms.
- Establish governance standards and routines that promote transparency, consistency, and executive oversight across strategic programs.
- Ensure governance forums are effective, well-structured, and aligned to senior leadership and portfolio decision-making needs.
- Maintain the governance calendar and operating rhythm for portfolio reviews, approvals, escalations, and executive checkpoints.
Executive Decision Forums
- Own the structure, preparation, and execution of DMG and Steering Committee meetings.
- Define agendas, required inputs, decision points, and expected outcomes for governance meetings.
- Ensure materials are clear, decision-oriented, and distributed on time to support executive review.
- Capture decisions, actions, owners, and follow-up items, and track them through completion.
- Keep governance forums focused on priorities, trade-offs, risks, dependencies, investment decisions, and delivery performance.
Financial Governance
- Own budget management for the TDO portfolio, including budget development, tracking, forecasting, and variance management.
- Partner with finance, portfolio leaders, and program teams to ensure spending aligns to strategic priorities and is managed with strong financial discipline.
- Provide visibility into portfolio financial performance, including planned versus actual spend, forecast updates, funding needs, and investment trade-offs.
- Translate financial information into clear implications, options, and recommendations to support executive decision-making.
- Ensure sound investment governance, including funding approvals, budget controls, and financial accountability.
Financial Planning
- Lead the financial planning process for the TDO portfolio, including annual planning, reforecasting, and ongoing investment reviews.
- Coordinate with finance and portfolio stakeholders to develop realistic financial plans that reflect priorities, timing, dependencies, and resource needs.
- Support scenario planning and portfolio trade-off discussions to help leadership make informed investment decisions.
- Ensure financial planning is integrated with portfolio governance, roadmap management, and delivery expectations.
Portfolio Reporting
- Establish and maintain governance reporting for the TDO portfolio, including portfolio status, key risks, decisions, financial performance, and issue escalation.
- Ensure executive stakeholders have timely, accurate, and decision-useful information about portfolio health and governance outcomes.
- Partner with program leaders and governance stakeholders to improve the quality, consistency, and usefulness of portfolio reporting.
- Monitor governance effectiveness and identify opportunities to improve oversight, transparency, and leadership decision support.
Decision Management
- Oversee portfolio-level processes for decision tracking, issue escalation, and governance follow-up.
- Ensure key risks, unresolved decisions, and cross-program issues are surfaced at the appropriate level and addressed promptly.
- Maintain clear records of governance decisions and ensure actions are assigned, monitored, and closed.
- Promote a disciplined approach to accountability and follow-through across the TDO portfolio.
Stakeholder Engagement
- Serve as a trusted partner to the SVP – Governance, Planning & Delivery Practices on governance, budget, financial planning, and executive portfolio oversight.
- Build strong partnerships with finance, business leaders, program leaders, and senior stakeholders to support effective portfolio management.
- Communicate clearly and credibly with executive audiences on governance outcomes, investment decisions, financial performance, and portfolio implications.
- Reinforce a culture of accountability, transparency, and disciplined management across TDO.
Qualifications
- Bachelor’s degree required; advanced degree preferred.
- Experience in insurance, financial services, or another complex operating environment is preferred.
- Significant experience in governance, portfolio management, PMO leadership, financial planning, or related disciplines.
- Demonstrated success managing governance processes and executive forums across complex, cross-functional portfolios.
- Strong experience with budget management, financial forecasting, variance analysis, and investment oversight.
- Experience preparing materials and managing the operating cadence for senior executive governance meetings.
- Strong understanding of portfolio oversight, decision management, issue escalation, and governance controls.
- Excellent communication, organization, and stakeholder management skills, with the ability to operate effectively in a matrixed environment.
- Financially disciplined and comfortable managing complex portfolio trade-offs.
- Highly organized and detail-oriented.
- Strong executive presence and sound judgment.
- Structured thinker who brings clarity and rigor to governance processes.
- Calm, credible, and effective in high-visibility executive settings.
- Committed to transparency, accountability, and operational excellence.
The pay range for the role is $175,000 to $225,000. 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 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.
About Us
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.
