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 the assigned portfolio.
- 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
Must have the ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control. Must have 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.
Skills
Must have the ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control. Must have 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.
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), and more.
- 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).