Worthy Insurance · 6 months ago
Executive Vice President-Commercial Lines Insurance Brokerage
Worthy Insurance is a young independent insurance agency seeking an Executive VP for their Skokie, IL location. The role involves overseeing day-to-day operations, strategic planning, and leveraging commercial lines expertise to drive agency growth.
Auto InsuranceCommercial InsuranceFinancial ServicesHealth InsuranceInsuranceProperty Insurance
Responsibilities
Contributes to, develops, and implements agency marketing plan as well as vision for the agency
Manages tech projects with insurtech and AI to ensure agency’s tech growth
Possesses a good working knowledge of procedures, processes for all disciplines
Has a working knowledge of the agency management software (Applied Epic)
Improve daily organization and workflows to ensure maximum operational efficiency
Assist in recruiting, profiling, and selecting talent to build and maintain the organization
Ensures regulatory compliance of the agency
Monitor production and monthly goals for all producers
Fosters and maintains relationships with carriers and brokers
Responsible for client retention activities and engagement strategies
Collects and analyzes data for implications regarding budget, project and/or program initiatives
Oversees education and can provide coaching, training, and development programs to increase staff capability and agency expertise
Maintains and builds trusted relationships with key customers, partners, vendors, management, and stakeholders
Supports the CEO and executive team in all aspects of the business and operations
Qualification
Required
Bachelor's Degree and either CIC or CPCU designation
Strong insurance knowledge for commercial lines of business such as general liability, property, worker's compensation, professional liability, and cyber
Excellent oral and written communication skills
Creative problem-solving skills along with exceptional time management and attention to detail
Illinois Property & Casualty license
Preferred
5 + years in commercial lines management with high levels of sales, operational and financial knowledge
Previous experience as a department head, team leader or senior level position within an agency
Property & Casualty agency management system preferably Applied Epic
Superior negotiation and presentation skills with strong entrepreneurial spirit
Master's Degree and either CIC or CPCU designation
Benefits
401(k) matching
Dental insurance
Health insurance
Paid time off