AVP, Casualty Brokerage Team Lead
AVP, Casualty Brokerage Team Lead
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1 Vacancy
Job Description
Company Details
At Verus Specialty Insurance a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB) we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup we blend the best of both worlds to foster innovation and excellence in everything we do.
Our nationwide operations are supported by a robust network of select wholesale producers ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.
At Verus we are more than just a company; we are a community that thrives on collaboration growth and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute innovate and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision we eagerly await your application. Join us and be a part of a team where your contributions are valued and your potential fully realized!
The Company is an equal employment opportunity employer.
Why Join Us
- Leadership Impact: Play a key role in shaping our underwriting strategy and driving business success.
- Innovation: Contribute to a culture that values forward-thinking and creative problem-solving.
- Professional Growth: We provide opportunities for continuous learning and career advancement.
- Collaborative Environment: Join a team of professionals who are committed to excellence and collaboration.
AVP Eligibility: Depending on the candidates level of experience and demonstrated ability to impact the role strategically this position may be eligible for an AVP title either at the time of hire or as a future advancement opportunity.
Industry/Practice/Knowledge:
- Technical Underwriting Leadership: Lead a casualty underwriting team in delivering high-quality profitable business by setting clear underwriting guidelines and providing technical oversight.
- Strategic Alignment: Links product line policies and procedures with the overall company strategy ensuring that underwriting efforts support broader goals.
- Technological Innovation: Recognizes and drives the development of technological enhancements to meet strategic underwriting needs.
- Thought Leadership: Serves on industry committees and represents the company as a speaker or panel member at events sharing knowledge and positioning the company as a market leader.
Product Skills:
- Coverage Expertise: Acts as a referral source for complex coverage service and regulatory issues guiding the team in addressing emerging hazards and regulatory changes.
- Global Perspective: Interprets and compares coverages across multiple jurisdictions coaching the team on navigating global exposures.
- Cross-Departmental Collaboration: Partner with other departments such as claims risk management and operations to ensure alignment and support for broader business goals.
Book Management/Pricing Skills:
- Profit Maximization: Develops and oversees the implementation of pricing proposals that utilize advanced techniques to maximize profitability across the book.
- Market Analysis and Strategy: Analyze market trends and emerging risks using this intelligence to inform underwriting strategies and ensure the company remains competitive in the market.
- Coaching and Auditing: Provides direction on unique pricing mechanisms and ensures that appropriate actions are taken to maintain profit margins conducting regular audits for compliance.
Risk Selection:
- Underwriting Excellence: Sets and enforces underwriting standards ensuring that the team recognizes and advocates for critical exposures while creating viable options.
- Strategic Integration: Leverages both internal and external resources to assess and prioritize underwriting needs ensuring the delivery of high-quality service.
- Operational Efficiency: Oversee the implementation of process improvements within the underwriting department to enhance efficiency accuracy and compliance with regulatory requirements.
Client Management:
- Advanced Negotiation: Leads high-level negotiations on coverage and pricing acting as a key contact for resolving complex client issues.
- Client Teams: Builds and leads effective teams that manage client relationships ensuring alignment with both client needs and company objectives.
People Management:
- Performance Management: Measures team performance with the goal of improving underwriting results and achieving strategic objectives.
- Diversity and Inclusion: Drives corporate diversity goals within the underwriting team ensuring a diverse and inclusive workplace.
- Staffing and Development: Evaluates staffing needs and manages the development of underwriters ensuring that the team is equipped to meet business plans.
Qualifications
- College degree and/or equivalent work experience with demonstrated involvement in insurance industry education.
- A minimum of 10 years relevant industry experience.
- Extensive experience in casualty underwriting with a strong understanding of E&S lines.
- Ability to lead coach and advise a team successfully.
- Proven leadership skills with a track record of managing and developing underwriting teams.
- Strategic thinker with the ability to translate market trends into actionable business strategies.
- Strong oral and written communication skills with excellent interpersonal abilities and a positive attitude.
- Highly resourceful and analytical with the ability to execute tasks through to resolution.
- Detail-oriented with initiative and the ability to work effectively in a fast-paced team environment.
- Strong focus on delivering exceptional customer service.
- Ability to work independently and collaboratively within a team.
- High sense of urgency with the ability to identify and resolve issues promptly.
- Proficient in using Microsoft Word Excel and various project management tools.
- Willingness and ability to travel up to 40% of the time air and ground.
#LI-FL1 #LI-HYBRID
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Required Experience:
Exec
Employment Type
Unclear
