Vice President - Commercial Lines jobs in United States
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Heffernan Insurance Brokers · 21 hours ago

Vice President - Commercial Lines

Heffernan Insurance Brokers is a consultative commercial insurance brokerage that provides superior client service. They are seeking a Vice President who will support customers and the brokerage team by providing exceptional service, assisting clients with their coverage options, and leading a dedicated team to ensure tailored service offerings.

FinanceFinancial ServicesInsurance
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Comp. & Benefits

Responsibilities

Provide exceptional service to customers by acting as a broker representing the buyer. This is not a production role; it is a consultative position
Assisting clients in navigating their options and making informed decisions regarding their coverage
Work diligently on evaluating submissions and negotiating favorable terms on a daily basis. In addition to this, they manage comprehensive self-insurance programs, which involve assessing risks and determining the appropriate coverage levels
Collaborating closely with the firm's principals to develop comprehensive renewal strategies that align with both market trends and client needs
Conducting in-depth analysis of insurance exposure and meticulously reviewing claims data to identify potential risks and opportunities
Leading and directing a dedicated team to ensure a seamless coordination of service offerings tailored specifically to meet the unique requirements of each customer
Spearheading innovative marketing initiatives aimed at enhancing customer engagement and facilitating successful renewal processes
Reviewing coverage options and associated documentation to ensure clarity and adequacy in meeting clients' insurance needs
Maintain thorough knowledge of products and industry trends to effectively support customer inquiries
Build and nurture relationships with clients to ensure ongoing satisfaction and loyalty
Collaborate closely with underwriters to evaluate risks and determine appropriate coverage options, ensuring that all policy terms meet both client needs and underwriting guidelines. This includes analyzing financial information, conducting thorough assessments of potential hazards, and negotiating terms to secure the best possible outcomes for both the insurer and the insured

Qualification

Negotiation skillsBachelor's degreeInsurance industry experienceMath/analytical skillsTechnology proficiencyMS OfficeMS ExcelMBAJ.D.C.P.A.Communication skillsAttention to detail

Required

Bachelor's degree required, advanced degrees and designations a plus (MBA, J.D., C.P.A.)
7 - 10 years of professional experience required, insurance industry experience a plus
Superior communication skills (written and verbal)
Attention to detail
Comfort with negotiating directly with underwriters
Commitment to learning and developing skills and knowledge
Strong math/analytical skills
Strong command of technology
Superior skills with MS Office, specifically MS Excel

Benefits

Comprehensive benefits package

Company

Heffernan Insurance Brokers

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Heffernan is an independent insurance brokerage firm offering financial services, business and financial insurance, and employee benefits.

Funding

Current Stage
Late Stage
Total Funding
unknown
2019-07-22Private Equity

Leadership Team

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Mike Heffernan
President and CEO
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Kate Grasman
CIO
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Company data provided by crunchbase