Vice President, Cyber & Technology

EPIC Brokers•Chicago, IL
•Hybrid

About The Position

Support the placement of cyber and technology E&O insurance products for large, complex public and private companies, nonprofit organizations, and professional service firms. The role designs and executes placement strategies for cyber and technology insurance products, reviews and evaluates coverage, and negotiates with insurance markets to secure suitable terms, conditions, coverage, and pricing for clients. It also provides client service throughout renewal and policy periods, supports prospects and special projects, and contributes to business development opportunities.

Requirements

  • Bachelor’s degree.
  • At least 5 years of experience in the insurance industry, including client service experience specific to cyber and technology insurance products.
  • Service team experience, including negotiating with insurance markets and presenting to clients.
  • Experience working with an agency management system such as Sagitta or Salesforce.
  • Proficiency in Microsoft Word, Excel, PowerPoint, Outlook, and Adobe.
  • Hold appropriate Broker’s License(s) or be able to obtain one within 3 months of employment.

Nice To Haves

  • Advanced degree.

Responsibilities

  • Identify, analyze, and quantify risk exposures for clients and prospects, and recommend appropriate insurance products and service requirements.
  • Create and submit renewal specifications to the marketplace and consult with clients on developing underwriting materials for market submissions.
  • Negotiate policy terms, conditions, and premiums.
  • Prepare client deliverable documents throughout the renewal timeline.
  • Present marketing results to clients.
  • Review quotes, binders, policies, and endorsements for accuracy, and transmit them to clients.
  • Support investigations and efforts to resolve policy or claims issues between insureds and insurers.
  • Meet clients’ daily account service needs, including insurance requirement responses, certificate requests, and midterm coverage questions or policy needs.
  • Develop and maintain productive business relationships with key insurance underwriters.
  • Assist with special projects and client requests.
  • Produce renewal strategies, renewal presentations, and stewardship reports.
  • Contribute to winning prospect opportunities, including preparing capabilities presentations, written RFP responses, and oral presentations.

Benefits

  • Generous paid time off; managed PTO without accruals or caps for salaried/exempt employees, 22 PTO days starting out for hourly/non-exempt employees, 12 company-observed paid holidays, and 4 early-close days.
  • Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave.
  • $1,500 employee referral bonus for each hired referral.
  • Employee recognition programs and awards, including trips.
  • Employee Resource Groups, including Women’s Coalition and EPIC Veterans Group.
  • Mentorship Program, Tuition Reimbursement Program, and Leadership Development.
  • Pet insurance, identity theft and fraud protection coverage, legal planning, family planning, and menopause and midlife support.
  • 401(k) matching.
  • Medical insurance.
  • Dental insurance.
  • Vision insurance.
  • Wellness and employee assistance programs.
  • Potential eligibility for bonuses and a comprehensive benefits package.
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