VP, Surety Broking
Guy Carpenter has a history of innovation in developing the latest credit and portfolio tools in support of the firm’s Surety company clients. That innovation, coupled with extensive experience, industry-leading market share, and unrivaled technical resources, has resulted in highly efficient reinsurance solutions in an ever-changing risk environment.
About the role
We are seeking individuals with Surety experience to join our Surety Center of Excellence team. The position can be based in our New York City, New Jersey, Philadelphia, Minneapolis, Dallas, or Boston office; however, we are open to talented individuals in other locations. This is a hybrid role that requires working at least three days a week in the office.
You will be responsible for servicing existing and assisting in producing new client relationships, with the opportunity to quickly develop and manage a portfolio of client relationships. The role demands strong listening and analytical skills, attention to detail, proactive problem-solving, and management of the sales process.
Responsibilities
- Work closely with the Surety broking team to manage reinsurance placements from start to finish, including post-placement activities to address client needs outside of renewal activities.
- Lead client calls and meetings to discuss reinsurance programs, renewals, modeling, and benchmarking.
- Train new staff, monitor workflow, and assist in process improvements to ensure smooth team operations.
- Develop a rapport with clients to be viewed as a trusted advisor in all aspects of their business.
- Liaise with legal, actuarial, accounting, and claims departments to assist in servicing client needs and optimize reinsurance programs.
- Actively collaborate with broking teams across the organization to develop Surety opportunities.
Requirements
- 6+ years’ experience in primary or reinsurance underwriting and/or reinsurance broking.
- Bachelor’s degree in Business, Finance, Economics, or Accounting.
- Advanced MS Office skills, specifically strong proficiency in PowerPoint and Excel.
- Strong critical thinking skills in finance, economics, and/or statistics.
Qualifications
- Master’s degree in Business Administration.
- Associate in Reinsurance (ARe) designation.
Benefits
- Opportunity to achieve career advancement in a vibrant and growing market segment.
- Collaborative and inclusive culture where you can work with talented colleagues to have an immediate and long-term impact.
- Health and welfare benefits, tuition assistance, 401K savings, and other retirement programs.
- Employee assistance programs.
- Performance-based incentives.
Pay
The applicable base salary range for this role is $104,500 to $228,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.