Vice President,Professional Liability Broker
Company: EPIC Brokers
Location: Chicago
Posted on: May 2, 2024
Job Description:
Location: Arlington, IL, Chicago, IL, and/or New York, NY
Vice President, Professional Services: Professional, Executive &
Cyber Solutions Team
- Support Account Team Leaders with the placement of professional
liability insurance and ancillary management liability insurance
products for large professional service firms/companies; with a
focus on large accounting and consulting firms.
- Work closely with account service team leaders to manage client
renewal process, including the following tasks:
- Identify, analyze, and quantify risk exposures for
clients/prospects and recommend appropriate insurance products and
service requirements
- Create and submit renewal specifications to the marketplace and
consult with clients in the development of underwriting materials
for submission to markets
- Negotiate policy terms, conditions, premiums, and collateral
with domestic markets, and work closely with international
placement broker
- Create necessary client deliverables documents throughout
renewal timeline process
- Present marketing results to clients
- Review quotes, binders, policies and endorsements for accuracy
and transmit to clients
- Support investigation and efforts to resolve policy and/or
claims issues between insured and insurer
- Support the collection of claims information and payouts, as
required
- Ensure service of clients' daily account needs are met, this
may include insurance requirement responses, certificate requests,
and midterm coverage questions or policy needs
- Develop and maintain productive business relationships with key
insurance underwriters
- Request invoices, ensure timely payment and remittance
- Review contracts and insurance requirements for clients and
identify gaps in coverage, suitability, and errors and document
findings for internal quality review
- Assist with special projects and client requests
- Produce renewal strategy, renewal presentation and stewardship
reports
- Contribute to winning prospect opportunities, including
preparation of capabilities presentations, written RFP responses
and oral presentations
- Communicate client developments and service results, market
conditions and developments and team member performance to team
leadership regularly
Qualifications:
- Bachelor's Degree
- Minimum of 5 years of experience in the insurance industry with
client service experience with respect to professional liability,
executive and/or specialty lines insurance products.
- Service team experience, including experience negotiating with
insurance markets and presenting to clients.
- Experience working with an agency management system such as
Sagitta or Salesforce
- Proficient in Microsoft Office Software (Word, Excel,
PowerPoint and Outlook) and Adobe
- Hold appropriate Broker's License(s) or able to obtain one
within 3 months of employment
Skillset must include:
- Strong interpersonal skills, ability to work independently and
collaboratively
- Ability to communicate effectively across all levels of the
organization
- Excellent written and verbal communication skills
- Outstanding organizational and time-management skills; detail
oriented
- Ability to remain flexible with changing business requirements
and demands
- Highly motivated, self-starter
- Proficient in Microsoft Office applications-especially Word and
Excel
- Proficient in Adobe solutions
- Licensed professional a plus
Job Location:
The national average salary for this role is $135,000 to $185,000
in base pay and exclusive of any bonuses or benefits. The base pay
offered will be determined based on your experience, skills,
training, certifications and education, while also considering
internal equity and market data.
WHY JOIN US?
- 15th Largest Broker in US
- Voted " Best Place to Work" in the Insurance Industry
- Awesome Benefits: 401K matching, Generous Time Off Policy,
Flexible Work Options, Medical, Dental, Vision, Pet Insurance,
Cancer Insurance, Wellness Programs, Employee Award Programs
(Trips!).
EPIC embraces diversity in all its various forms-whether it be
diversity of thought, background, race, religion, gender, skills or
experience. We are committed to fostering a work community where
every colleague feels welcomed, valued, respected and heard. It is
our belief that diversity drives innovation and that creating an
environment where every employee feels included and empowered,
helps us to deliver the best outcome to our clients.
#LI-TM1 #LI-Hybrid
#J-18808-Ljbffr
Keywords: EPIC Brokers, Glenview , Vice President,Professional Liability Broker, Sales , Chicago, Illinois
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