Director E S Specialty Markets
Director E S Specialty Markets
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Salary Not Disclosed
1 Vacancy
Job Description
Position Overview
The Director of E&S & Specialty Markets isresponsible for building and maintaining strong relationships with the markets that write Wholesures E&S portfolio through Wholesure and specialty retail portfolio through Acrisures retail divisions. This role acts as a liaison between our carrier partners and brokers ensuring smooth communication timely service and maximizing business opportunities by understanding broker needs and advocating for Wholesures team. This individual will help build and execute carrier strategies across broking binding program and personal lines business segments within Wholesure and specialty segments of Acrisure retail.
The Director of E&S & Specialty Markets will report to the Head of Global Markets working closely with both the Wholesure and retail divisional leadership teams including Key Customer Placement Leaders in Wholesure.
Key Responsibilities
Actively cultivate and manage relationships with carriers aligning their business goals and needs with our brokerage operations. Facilitate timely of carrier contracts ensuring brokers can access markets quickly.
Manage contracts for both new carrier relationships and expansions of existing agreements consolidating from legacy businesses to a Wholesure level where appropriate
Collaborate with brokers in the field to develop market access plans
Establish an internal tracking system to monitor contract status and conversions.
Negotiate optimum compensation contracts consolidating at Wholesure or Acrisure level where appropriate
Manage contingent plan lock in offers and conduct associated analysis
Track and analyse contingent and supplemental dollars
Maintain a deep understanding of the carriers product suite including coverage options pricing structures and underwriting guidelines to support brokers effectively.
Address broker inquiries promptly provide technical support and resolve any issues related to policy servicing claims or a process for the management escalation and tracking of broker of record issues in the field
Stay informed about industry trends competitor activity and regulatory changes to identify opportunities for our brokers and carrier partners.
Prepare leaders for all carrier engagement including leading the coordination of industry conferences
Monitor key performance indicators (KPIs) to evaluate broker relationships identify areas for improvement and track business growth.
Manage regular reporting to executive leadership including placement KPIs BOR issues compensation metrics
Develop and execute carrier strategies across broking binding programs and personal lines
Required Skills
Excellent verbal and written communication skills to effectively interact with brokers internal teams and senior management.
Strong interpersonal skills to build trust and rapport with brokers and carriers.
Comprehensive knowledge of insurance products coverage options and underwriting guidelines.
Knowledge of the insurance industry regulatory landscape and distribution channels.
Awareness of London Bermuda insurance and global reinsurance markets
Ability to negotiate terms and conditions with carriers to reach mutually beneficial agreements.
Proficiency in data analysis to identify trends track performance and discover new opportunities within the market.
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Acrisure is committed to employing a diverse workforce. All applicants will be considered foremploymentwithout attention to race color religion age sex sexual orientation gender identity national origin veteran or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisures property and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisures Human Resources Talent Department.
Required Experience:
Director
Employment Type
Full-Time
