Assistant Vice President, Inland Marine

Responsibilities

• Underwrite Inland Marine within the appetite developed by the team.
• Independently selects risks, evaluates, and recommends program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
• Establishes and maintains business relationships to develop new opportunities and visits insureds and brokers/producers to retain existing accounts in support of the producer and territory management plan.
• Develops, manages, and deepens retail broker and agent relationships through in-person engagement, responsiveness, and marketing activity, supporting the growth of our retail distribution network.
• Independently reviews engineering information to assess risk quality and compliance within company guidelines and initiates appropriate loss prevention actions.
• Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price.
• Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals.
• Evaluates reinsurance requirements and implements appropriate action.
• Communicates and collaborates across disciplines to establish and maintain relationships to achieve organizational and policyholder success.
• Shares underwriting expertise with underwriters at all levels.

Requirements

• A minimum of 8 years of experience underwriting Inland Marine insurance products.
• The ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control.
• Proven marketing and negotiation skills.
• Strong communication, interpersonal, and time management skills.
• Highly collaborative.
• Ability to travel up to 30% for broker meetings, insured visits, marketing initiatives, and industry events.
• Bachelor’s degree.

Qualifications

This position may be filled at a different level, depending on experience.

Skills

Curiosity, critical thinking, and a willingness to embrace change.

Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program).
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state/local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver).
• Retirement Benefits: Contributory Savings Plan (401k).