Verus Specialty Insurance (a Berkley Company) · 2 days ago
AVP, Casualty Team Lead
Scottsdale, AZ
Full-time
Onsite
Senior LevelVerus Specialty Insurance, a member of W.R. Berkley Corporation, is a leading provider in the Excess and Surplus Lines market. They are seeking an AVP, Casualty Team Lead to oversee underwriting responsibilities, manage key accounts, and drive revenue growth while maintaining competitiveness in the insurance industry.
ConsultingFinancial ServicesInsurance
No H1B
Responsibilities
Maintains overall responsibility for underwriting, including revenue growth, profitability and competitiveness by directing the activities for an underwriting function or team
Oversees policy applications, renewals, repricing, restrictions, and cancellations to determine risk acceptability and coverage
Recognized as a technical expert that has both technical and administrative responsibility
Involved in planning and implementing administrative, technical and operational direction toward achieving defined goals and objectives
Assists in the development of strategic plans and annual budgets and is directly responsible for overseeing and managing the handling of the large, key accounts
Focus is maintained on their assigned brokers to foster growth, understanding of our business, marketing of our appetite and initiatives as well as the key point person for resolution of service issues
This position will require staffing management responsibilities, managing financial outcomes, and or physical resources related to the position's functional areas of responsibilities
Demonstrates broad knowledge of the business, the marketplace and the company’s overall goals, objectives and performance measures through effective deliver of all products and services
Links product line policies, procedures and practices to the overall company strategy
Demonstrates a broad overview of the company’s operations
Identifies and acts on opportunities to share line of business knowledge with customers
Benchmarks programs and policies against market trends
Recognizes and advances the development of technological enhancements to meet strategic needs
Blends outside ideas with internal values when making recommendations
Networks with peers and outside resources to exchange ideas and information
Make recommendations in the development and implementation of policies and practices
Recommends new coverage enhancements to products to fill market gaps needed to create customer value
Serves line of business/industry committees, featured speaker or panel member on internal and external events
Integrates coverage, service, and regulatory or emerging hazard issues to exceed the needs of the customer
Identifies and coordinates customized services to specific clients
Identifies new coverage and product needs in the market
Interprets and compares global coverages and exposures in multi-jurisdictions
Coaches and directs others on coverage, service and regulatory or emerging hazard issues
Acts as a referral source on coverage and pricing
Achieves profitable growth through effective use of underwriting and business skills in assigned territory or product line
Creates and applies specific line of business strategies across all locations of operations
Utilizes current data and initiates customized information to interpret pricing and exposure trends in the book
Initiates appropriate actions to sustain profit
Develops pricing proposals utilizing advanced techniques
Understands pricing needs over a large territory or book of business
Coaches and directs on unique pricing mechanisms and evaluates the impact of risk transfer to recommend appropriate action that enhance long term profitability
Oversee and audit to ensure appropriate actions are taken to ensure profit
Gathers and analyzes information to determine risk acceptability
Recognizes and advocates certain expectations to underwriting standards and create viable options
Assesses rate adequacy relative to exposure
Integrates internal and external resources
Assesses and prioritizes underwriting and service needs and the feasibility of their delivery
Identifies critical exposures, trends and opportunities, and assists with the development of strategies to address them
Shares specialized knowledge of exposures for industry or market segments
Persuades customers in a preferred direction
Demonstrates the ability to influence the decision-maker/buyer
Builds and leads effective client teams
Negotiates advanced coverage issues
Solicits customer feedback and brings resolution to issues
Products training guidance and acts as a referral source on coverage and pricing
Demonstrates advanced selling skills
Coaches and develops staff on client management
Measures performance with the goal of improving results
Evaluates staffing needs to meet business plans
Drives corporate diversity goals
Manages and develops staff
Qualification
Required
College degree and/or equivalent work experience with demonstrated involvement in insurance industry education
Resourceful, analytical, with the ability to execute tasks through to resolution
Strong oral/written communication skills with a positive attitude
Detail-oriented with initiative and ability to work in fast-paced team environment
A focus on delivering exceptional customer service
Excellent communication and interpersonal skills
Ability to work independently as well as part of a team
High sense of urgency and need to identify and resolve issues
Ability to travel, as needed
Computer literate including use of Word, Excel and various project management tools
Ability to lead/coach/advise a team successfully
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Verus Specialty Insurance (a Berkley Company)
Verus Specialty Insurance is an underwriting management company targeting small to midsize commercial risks in the E&S and Specialty insurance markets through appointed wholesale brokers and agents.
Founded in 2010
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Joni Holland
SVP, Operations & Chief Operating Officer
Company data provided by crunchbase