Assistant Vice President

CRC Group • Remote - Virginia, VA

3d • $135,000 - $145,000 • Onsite

About The Position

The Assistant Vice President will underwrite new and renewal business, approve policy changes, maintain workload, and control written business up to and including the time of binding according to Company guidelines and established internal and external procedures. This role provides leadership to a production/underwriting team and offers high-quality professional service to Agents and Companies.

Requirements

• Bachelor's degree or appropriate insurance designation
• Five years of experience as an active Underwriter or seven years of experience in the insurance industry
• Must be licensed in corresponding areas of insurance as necessary
• Must be able to understand and analyze necessary components of insurance policies
• Ability to understand the client's needs and have knowledge of the risk profiles associated
• Recognize new trends and developments in the insurance industry and be able to incorporate into strategies
• Must have knowledge of commercial multi-line underwriting and rating
• Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, Rackley ISO Rating Software
• Ability to develop, foster, and maintain an excellent working relationship with agencies
• Leadership and team playing skills
• Exercise discretion in making decisions
• Maintain current knowledge of the insurance industry
• Good written and verbal skills
• Maintain travel schedule depending on the needs of clients, Agents, and new business
• Ability to work extended hours when necessary

Responsibilities

• Meet or exceed production goals as assigned by Management.
• Underwrite new and renewal business.
• Supervise of team(s) ensuring all pertinent information is communicated.
• Develop and maintain excellent relationships with clients.
• Market all program products and services to clients.
• Communicate properly and timely with all producers regarding submissions and decisions for new or renewal business.
• Approve and disapprove endorsement requests according to internal and Company guidelines.
• Monitor accounts to ensure compliance with the firm's policies and procedures.
• Monitor production, hit ratios, renewal retention ratios spread of risk and other production and quality measures to minimize risk and predict future success.
• Review and handle policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.) appropriately.
• Review inspection reports and compare to the conditions that were represented at the time of binding and take appropriate or needed actions.
• Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits - both internal and external.
• Maintain necessary licenses to produce business.

Benefits

• medical, dental, vision, life, disability, and AD&D insurance
• tax-advantaged savings accounts
• 401(k) plan with company match
• generous paid time off programs, including company holidays, vacation and sick days, new parent leave
• restricted stock units
• deferred compensation plan

What This Job Offers

• Job Type: Full-time
• Career Level: Manager