SVP, Construction Segment Executive
Vela Insurance Services (a Berkley Company) · Scottsdale, AZ · 1 mo ago
ManagementFull-time
Responsibilities
- Lead Segment Strategy & Performance: Develop and execute underwriting strategies for the Construction segment to achieve premium, rate, and profitability goals.
- Drive Sales-Oriented Culture: Foster a unified approach between underwriting and distribution, ensuring strong broker partnerships and market competitiveness.
- Portfolio Management: Monitor and manage risk diversity, underwriting guidelines, and profitability metrics; apply analytics to optimize portfolio performance.
- Product Development & Innovation: Oversee policy forms, product offerings, and leverage technology and data analytics to enhance underwriting capabilities.
- Talent Leadership: Recruit, train, coach, and develop underwriters and regional leaders; manage letters of authority and career progression programs.
- Budget & Expense Oversight: Prepare strategic business plans and manage expense budgets for the segment.
- Cross-Functional Collaboration: Partner with CUO, Distribution Strategies Group, and other functional teams to align segment initiatives with enterprise goals.
- Broker Relationship Management: Strengthen broker engagement through targeted strategies, incentive programs, and participation in industry events.
- Compliance & Governance: Ensure adherence to underwriting standards, regulatory requirements, and company policies.
Qualifications
- Four (4) year college degree, or commensurate experience and training
- Industry designations preferred: CPCU, ASLI, ARM
- Minimum of 15+ years’ commercial lines underwriting experience
- Experience in managing a team
- Experience in and understanding of the E&S competitive marketplace
- Demonstrated technical expertise and product knowledge in Construction
- A drive to be creative and innovative in advancing the success of the segment
- A willingness to challenge the status quo and embrace change
- A strong desire to compete – and to win
- A team player approach
- Strong communication skills
- Advanced analytical and creative problem-solving skills