Acadia Insurance (a Berkley Company) · 3 months ago
AVP, Sports and Entertainment Division Manager
VA, Glen Allen - 4820 Lake Brook - Suite 300
Full-time
Onsite
Mid, Senior Level
7+ years expAcadia Insurance, part of W.R. Berkley Corporation, is seeking an AVP, Sports and Entertainment Division Manager to lead their underwriting unit. This role involves setting the vision, driving underwriting strategy, managing the portfolio, and leading a team while ensuring compliance with guidelines and maintaining strong relationships with distribution partners.
Commercial InsuranceInsurance
Responsibilities
Develop and execute underwriting strategy for Manufacturers and Contractors division
Build, train, and lead a high-performing team of underwriters
Monitor emerging risks, market trends, and regulatory developments to change product as needed
Work with Product and Forms Specialist to create coverage forms
Work with actuarial to create pricing models
Establish risk appetite guidelines
Handle underwriting referrals
Monitor portfolio performance and implement corrective actions as needed to maintain profitability
Cultivate and maintain strong relationships with key distribution partners
Lead initiatives to grow market share in target segments
Ensure compliance with underwriting guidelines, regulatory requirements, and internal controls
Partner with actuarial, claims, legal, and data teams to ensure a holistic view of risk and make an underwriting profit
Report on key metrics and provide insights to executive leadership
Qualification
Required
Bachelor's degree highly desired; advanced degree or CPCU designation a plus
7+ years of relevant E&S experience including in-depth knowledge of casualty risks
Strong technical underwriting background with experience in leadership roles
Proven success in building and managing profitable portfolios
In-depth knowledge of insurance markets and trends
Strong analytical, communication, and negotiation skills
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
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