Vice President, Head of Global Carrier Relationships

Acrisure

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 354556 - 479694
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Job Description

About Acrisure

A global fintech leader Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together we connect clients with customized solutions across a range of insurance reinsurance payroll benefits cybersecurity mortgage services and more.

In the last twelve years Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership accountability and collaboration we equip our teams to work at the highest levels possible.

Job Summary:

Acrisure is seeking a Vice President Head of Global Carrier Relationships to join our growing team in New York or London. This role is responsible for setting and executing Acrisures carrier strategy at a global and group level spanning all elements of trading in the marketplace. This individual will be responsible for optimizing Acrisures trading relationships with all business partners with the core focus of delivering optimum solutions for Acrisures client base. Furthermore the Head of Global Carrier Relationships will work with every business unit to identify opportunities to maximize revenue and execute the broader strategic initiatives of the group through the placement of its premium and the subsequent capture of revenue along the value chain. This role will also have line management responsibility including: Head of US Markets Head of E&S Markets Head of International Markets Senior Director US Markets Director AGN (P&C) and Director AGN (EB).

Responsibilities:

  • North American Retail
    • Refinement of US retail carrier strategy in close collaboration with the placement network in Acrisures North American Retail (NAR) business.
    • Maximizing group revenue through negotiation and optimization of contingent and supplemental agreements
    • Management of US Markets unit

  • North American Wholesale (Wholesure)
    • Mapping of Wholesure portfolio by carrier and trading segment
    • Development of placement strategies by trading segment
    • Management of E&S Markets unit

  • International Retail
    • Mapping of international retail portfolio and identification of opportunities to optimize and potentially aggregate trading relationships with key strategic partners
    • Defining opportunities for enhanced value chain capture
    • Management of International Markets unit

  • Value chain capture: Identifying opportunities across all segments above to drive enhanced revenue through engagement with Acrisure-owned assets along the value chain. These assets include delegated underwriting global wholesale TPA and servicing capabilities reinsurance services and Acrisures two syndicates in Lloyds.
    • Reinsurance: nurturing opportunities for Acrisure Re derived from the Acrisure portfolio
    • Lloyds: identifying opportunities to bring Acrisure premium into Flux Syndicate 1985 and Volante Syndicate 1699
    • Wholesale: maximizing usage of Acrisures global wholesale business for the servicing of wholesale portfolio
    • Underwriting: sourcing capacity for new MGAs and programs in conjunction with Acrisure Re and identification of clients that would fit well with Acrisures MGAs

  • Acrisure Global Network: Driving growth of the Acrisure Global Network (AGN). The AGN has developed a network of member brokers in over 140 countries around the globe facilitating coverage for Acrisures clients wherever they are exposed. The AGN equally services prospects from network members seeking solutions for complex multi-national risk. Key objectives are the maximization of revenue in the AGN through commission sharing and fees alongside the optimization of the network membership to ensure that the placement of Acrisures multinational risk is as effective as possible.

Requirements:

Required Qualifications

  • Bachelors degree in a related field such as business administration marketing or finance required.
  • Experience trading in the US or international retail and/or wholesale insurance market.
  • Experience leading and growing a team.
  • Experience in utilizing technology to enhance performance and efficiency.
  • Revenue model development
  • Translation of strategic initiatives to revenue objectives
  • Familiarity with all forms of compensation; base commission contingent and supplemental.
  • Proven track record of working with data to support effective reporting structures and strategy development.
  • Management of data review sessions agenda building documentation development and follow up.
  • Must be able to travel to all offices client offices and events as needed

Pay Details:

The base compensation range for this position is $354556 - $479694. This range reflects Acrisures good faith estimate at the time of this posting. Placement within the range will be based on a variety of factors including but not limited to skills experience qualifications location and internal equity.

Candidates should be comfortable with an on-site presence to support collaboration team leadership and cross-functional partnership.

Why Join Us:

At Acrisure were building more than a business were building a community where people can grow thrive and make an impact. Our benefits are designed to support every dimension of your life from your health and finances to your family and future.

Making a lasting impact on the communities it serves Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Childrens Hospital in Grand Rapids Michigan UPMC Childrens Hospital in Pittsburgh Pennsylvania and Blythedale Childrens Hospital in Valhalla New York.

Employee Benefits

We also offer our employees a comprehensive suite of benefits and perks including:

  • Physical Wellness: Comprehensive medical insurance dental insurance and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.

  • Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.

  • Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.

  • Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.

  • and so much more!

This list is not exhaustive of all available benefits. Eligibility and waiting periods may apply to certain offerings. Benefits may vary based on subsidiary entity and geographic location.

Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race color religion sex national origin disability or protected veteran status. Applicants may request reasonable accommodation by contacting .

California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.

Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.

Welcome your new opportunity awaits you.


Required Experience:

Exec

Job DescriptionAbout Acrisure A global fintech leader Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together we connect clients with customized solutions across a range o...
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Key Skills

  • Change Management
  • Financial Services
  • Growing Experience
  • Managed Care
  • Management Experience
  • Analysis Skills
  • Senior Leadership
  • Performance Management
  • Process Management
  • Leadership Experience
  • negotiation
  • Analytics

About Company

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Acrisure connects ambitious people and entrepreneurs with the insurance and business solutions they need for success.

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