We are currently engaged by a leading insurance company that provides specialty risk solutions to clients worldwide across a wide range of industries. They are seeking experienced AVPs & VPs with Excess and Surplus Property experience. You will be responsible for maintaining and growing a book of business in the E&S Property speciality.
New York, NY | Hybrid
Responsibilities:
- Develop a profitable book of business in the E&S Property specialty
- Develop and maintain relationships with approved wholesale brokers – travel within the region, prepare and deliver presentations and provide training on new products
- Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. Evaluate and prioritize submissions; analyze exposure, coverage requests; determine acceptable deployment of gross and net capacity, determine pricing and negotiate the final property insurance product on an account basis. Monitor portfolio metrics
- Identify business opportunities to differentiate the company
What we’re looking for:
- Bachelor’s degree
- Industry-specific study or designations (such as CPCU & ARM) are a plus
- 5-10 years of property experience handling upper middle market and middle market property accounts. Including at least 5 years at a non-admitted carrier as an underwriting role
- Strong problem solving and interpersonal skills
- Excellent communication skills, business writing presentation skills
- Understand performance metrics, develop and implement profitable growth strategy within their dedicated territory
- Strong organizational skills and ability to work independently
- Knowledge of CAT Modeling parameters (PML, AAL, data quality)
- Understand the key elements of risk selection and risk assessment. Ability to develop loss estimates, develop and negotiate a risk mitigation plan based on survey reports and place facultative reinsurance when necessary
- Technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate data