Acadia Insurance (a Berkley Company) · 3 months ago
AVP, Binding Authority Broker
US-CA-Los Angeles
Full-time
Onsite
Mid, Senior Level
$135K/yr - $185K/yr
10+ years expAcadia Insurance, part of Berkley Company, is dedicated to providing exceptional service in the risk management sector. The AVP, Binding Authority Broker will analyze customer information to assess risk and manage a profitable book of excess casualty business, while maintaining relationships with brokers and customers.
Commercial InsuranceInsurance
No H1B
Responsibilities
Evaluate risk characteristics of submissions to determine business opportunities in accordance with guidelines and company philosophy
Review account documents for accuracy prior to their release to brokers and/or company clients
Analyze and price business in accordance with company guidelines
Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions
Order and screen miscellaneous reports needed in the rating and account processes, such as loss history reports, credit checks, outside inspections, loss control, etc
Determine the acceptability, quality and profitability of new and existing business based on company guidelines and objectives
Obtain required account approvals where needed
Understand the relationship between the brokerage community and company; includes importance of managing the expectations of and communicating company decisions, requirements, and philosophies to brokerage community
Maintain producer / agency contact log information in electronic databases
Participate in agency visitations with binding specialists, claims representative or loss control representative to begin developing customer contacts
Travel to conduct broker marketing meetings and attend industry events as determined by management
Contribute to the firmwide development of Berkley Custom operations, marketing plans, product analysis, services, geographic focus and broker intelligence
Effectively communicate and collaborate with other leaders with Berkley Custom to broaden knowledge of trends, opportunities, and technical knowledge of pricing
Qualification
Required
Bachelor's degree (B. A.) from a four-year college or university; or 10+ years related experience and/or training; or equivalent combination of education and experience
10 + years of experience in excess casualty
Excess casualty professional with strong go-to relationships within the wholesale brokerage channel
Deep understanding of the market and a history of strong industry relationships
Strong written and verbal communication skills are a must
Must be able to manage multiple priorities and possess the ability to make independent judgments
Must be a team player, willing and eager to learn, organized, detailed and flexible
Unwavering demonstration of integrity, respect and professionalism
Position requires occasional travel, including overnight trips
Benefits
Incentives
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
Coverager - Insurance news and insights
2022-06-28
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