Vice President
About The Position
RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry. Position Summary The Vice President, Brokerage owns the overall brokerage strategy and policies for all offerings in alignment with business objectives. The role is accountable for end-to-end renewals, new bids, and complex negotiations, ensuring competitive and profitable delivery and provides leadership support to secure profitable wins for large and complex deals.
Requirements
- Bachelor’s degree required
- 15+ years of work experience in Wholesale Brokerage, Commercial Insurance coverages, Sales or underwriting.
- State P&C and/or surplus line license is required.
Nice To Haves
- Master’s degree preferred; Business Administration, Sales, and Risk Management preferred.
- 7+ years of management experience is preferred.
- Any other related discipline or commensurate work experience considered.
- Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU), or Accredited Advisor in Insurance (AAI) a plus.
Responsibilities
- Builds cooperative and dependable relationships with independent insurance agencies and brokerages to create business placement opportunities.
- Develops and maintains underwriting and cooperative service relationships with insurance carriers by demonstrating in-depth knowledge of commercial insurance and underwriting guidelines, both in excess and surplus lines and standard markets.
- Recognizes acceptable business opportunities through underwriting pre-qualification process.
- Successfully negotiates market placements of new and renewal business.
- Meets and sustains targeted revenue goals.
- Coordinates resources to accomplish specific account objectives.
- Assumes ultimate responsibility for the successful completion of all account tasks and details on account portfolio.
- Motivates and educates co-workers, blending leadership and technical skills.
- Is knowledgeable of workplace laws and corporate policies and practices; maintains a fair office work environment.
Benefits
- Paid time off for company holidays, vacation, sick and personal days
- Paid parental leave
- Mental health services
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What This Job Offers
Job Type
Full-time
Career Level
Executive
