Apply on Employer Site

Acadia Insurance (a Berkley Company) · 1 day ago

AVP, Excess Casualty Binding Authority Broker

CA, Los Angeles

Full-time

Onsite

Senior Level, Lead/Staff

$135K/yr - $185K/yr

10+ years exp

Acadia Insurance, a Berkley Company, is seeking an AVP, Excess Casualty Binding Authority Broker to manage and grow a profitable book of excess casualty business. The role involves assessing risk, setting rates, and maintaining effective relationships with brokers and customers while contributing to the overall operations and marketing strategies of the firm.

Commercial InsuranceInsurance

No H1B

Responsibilities

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

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. Orders and screens 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

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

Excess casualty experienceBroker managementRisk assessmentMarket understandingCommunication skillsProfessionalismTeam playerOrganizational skillsDetail-orientedFlexibilityIntegrity

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