Vice President, Program Manager

QBE Insurance Group • Madison, WI

2d • $176,000 - $330,000 • Hybrid

About The Position

Execute business strategy for assigned Program(s) by establishing relationships with Program Administrators and utilizing expertise to both underwrite business within authorized limits and evaluate risk to ensure decisions contribute to a profitable portfolio.

Requirements

• Bachelor's Degree in Business Administration, Economics, Information Management, Computer Science or related field or equivalent combination of education and work experience
• Advanced understanding and knowledge of underwriting methodologies and best practices
• Advanced understanding and knowledge of organizational underwriting guidelines and standards
• Advanced understanding of laws and regulations relevant to underwriting standards, processes and procedures
• Understanding and knowledge of terminology, concepts and principles related to business planning and strategic planning
• Advanced understanding and knowledge of market trends and current organizational strategies
• Strong business acumen including interpretation and understanding of financial statements and program trust accounts
• Build and capitalize on beneficial internal and external relationships
• Establish and maintain effective, trusting and respectful relationships with customers in a matrix environment
• Build and establish constructive and cooperative working relationships and open lines of communication
• Effectively and efficiently present logic, reasoning, and analysis to others
• Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
• Collaborate with people at executive levels inside and outside the organization to accomplish a common goal
• Understand the potential intended and unintended consequences of a given decision, both small-scale and on the organization as a whole
• Effectively present thoughts to key stakeholders at the executive level to influence adoption of recommendations
• Sales acumen and ability to engage and connect with new business prospects
• Understand the needs and goals of a customer and actively look for ways to meet them
• Utilize effective interpersonal, verbal and written communication
• Guide oneself with little or no supervision, and depend on oneself to get things done
• Leverage business and financial expertise

Nice To Haves

• Direct underwriting experience and experience with assigned program(s)
• Events affecting the industry, including understanding of competition and the marketplace for assigned program(s)

Responsibilities

• Deliver on the long-term programs strategy and business plan to drive continued profitable growth (including underwriting, distribution and expense management)
• Provide market facing leadership and customer engagement for key existing and prospective program administrators
• Forge and maintain strong relationships with external Program Administrators by serving as the primary point of contact and relationship manager with accountability for profit, adherence to underwriting guidelines, effective claims management, financial reporting, and data collection and analysis
• Represent program(s) on complex projects involving other divisions within QBE
• Identify and manage new business opportunities through entire evaluation process, including due diligence efforts
• Collaborate with Program Administrators to underwrite the most largest and most complex insurance risks in accordance with Corporate and department strategic guidelines to meet business objectives, including negotiating rates, terms, and conditions for existing and new business, managing production and issuance of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring review and contribution to the business plan and objectives
• Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Benefits

• Hybrid Working – a mix of working from home and in the office
• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
• Competitive 401(k) program with company match up to 8%
• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
• Tuition Reimbursement for professional certifications, and continuing education
• Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees