Vice President, Excess
Company Details:
What makes Admiral Insurance Group ADMIRABLE.
Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in servicing difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business knowledge.As a member of the W. R. Berkley Corporation, a Fortune 500® Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support and industry data to provide exceptional service and exciting solutions for our clients and partners.
Unlock your insure-ability.
The Company is an equal employment opportunity employer.
https://www.admiralins.com/
Responsibilities:
The role of the VP, Excess is to provide superior business development and marketing strategies for their book of business nationally, managing to produce and retain key accounts, and maintain an acceptable profit by keeping abreast of market trends.In addition, as a proven expert, the VP, Excess Casualty will also support to the business, nationally, as it pertains to participating in speaking engagements, networking opportunities, and industry forums as necessary.
- Compliance with binding documentation rules and guidelines.
- Maintain profitable written premium growth and favorable loss ratio.
- Adherence to Admiral Binding Authority Broker Guidelines and referral compliance.
- Act as referral authority for junior Risk Analysts.
- Development and maintenance of key broker/agent relationships.
- Participates in all internal company training and continuing education.
- Remains current on product releases as it pertains to LOB.
- Strategize with SVPs to support and drive national management and development of business and broker relationships, new to the organization.
- Responsible for the overall management, business development, analysis and monitoring of their book of business.
- Stays abreast and knowledgeable on market trends in terms of forms, coverage and appetite to maintain competitiveness.
- Leverage skills and expertise outside of desk responsibilities, including participation in marketing/public speaking events.
Qualifications:
- Bachelor’s Degree required.
- Coursework toward applicable designation (including but not limited to CPCU, RPLU, etc.) desired.
- Minimum of 15 years of commercial risk analysis and binding experience.
- Technical knowledge of surplus lines coverage.
- Broker Management and Marketing experience.
- Licensed surplus lines broker or as a term of employment, willing to obtain required licensing at the time of hire.
- Up to 30% travel.
Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $200,000 - $230,000
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Eligible to participate in the annual discretionary bonus program.
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
Sponsorship Details: Sponsorship not Offered for this Role