Managing Director of Insurance

Job Description

Director of Insurance

Job Summary

Seeking a highly motivated and experienced Director of Insurance to join a dynamic team. This role is pivotal in driving growth and ensuring the highest level of service for the clients. The ideal candidate will bring a wealth of experience in brokerage or underwriting a strong understanding of property and casualty insurance and a passion for building and maintaining client relationships. This is a hybrid position offering a balance of remote work and in-office collaboration.

Compensation Package

• Salary Range: $200000 - $250000 (commensurate with experience)
• Benefits: Comprehensive benefits package including a 401(k) plan
• Work Arrangement: Hybrid (combination of remote and in-office work)
• Travel: Occasional travel required for client visits (local and national)

Responsibilities

• Develop and execute marketing strategies for client accounts.
• Manage the renewal process including negotiating improved terms and pricing with underwriters.
• Conduct analyses of exposures and recommend appropriate coverage options.
• Build and maintain strong client relationships throughout the renewal process and beyond.
• Respond to client and underwriter inquiries in a timely and professional manner.
• Provide consultation on claims and lead client meetings including presenting renewal options.
• Perform coverage reviews and due diligence for prospective clients.
• Delegate tasks to team members including Senior Analysts Analysts and Administrative Assistants as appropriate.
• Mentor and support team members in their professional development.
• Keep the Managing Director informed of significant account matters and escalate issues when necessary.
• Collaborate with the Managing Director on strategies for larger accounts.

Qualifications/Requirements

• Education: Bachelors degree in risk management business administration economics finance or a related field is preferred.
• Experience: 6 to 8 years of experience in brokerage or underwriting.
• Licenses: Active property & casualty insurance license is required.

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