Vice President, Cyber & Technology

EPIC Brokers•Chicago, IL
•$120,000 - $145,000•Hybrid

About The Position

EPIC Insurance Brokers & Consultants is hiring a Vice President, Cyber & Technology to support placement of cyber and technology errors and omissions (E&O) insurance products for large, complex public and private companies, nonprofit organizations, and professional service firms. The role designs and executes placement strategies, evaluates coverage, and negotiates with insurance markets to obtain appropriate terms, conditions, coverage, and pricing for clients. The position also supports client service throughout the insurance lifecycle, including renewal planning, submission preparation, policy review, and resolution of policy or claims issues. The Vice President builds productive relationships with underwriters and contributes to prospect opportunities through presentations and written proposals. The role is hybrid in New York, NY, or Chicago, IL.

Requirements

  • Bachelor’s degree.
  • At least 5 years of insurance industry experience, 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 with Microsoft Office software (Word, Excel, PowerPoint, and 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 client and prospect risk exposures and recommend suitable insurance products and services.
  • Prepare renewal specifications for the marketplace and consult with clients on underwriting materials for market submissions.
  • Negotiate policy terms, conditions, and premiums.
  • Prepare client deliverables 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 or policy questions.
  • 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, including managed PTO for salaried/exempt employees; 22 PTO days to start 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.
  • Employee referral bonus of $1,500 per 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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