Senior Vice President

Description:

Head of Broking

• Designs and develops competitive and innovative insurance/reinsurance products that develop new clients and retain existing clients.
• Trains, mentors and oversees performance management for a department or small unit, coordinates workload of team members and ensures team is appropriately staffed to meet client needs.
• Utilizes knowledge of client industry to analyze risk reports and develop innovative approaches to difficult client needs and articulate the value to clients.
• Demonstrates a near complete understanding of coverage lines, markets and other more specialized products and keeps abreast of changing risk and insurance market conditions to better serve clients.
• Actively participates in the revenue/budget process to ensure the financial success of the Company.
• Establishes and maintains relationships with practice leaders, carriers client, advisors and sales professionals to better serve clients.
• Cultivates new clients and establishes relationships to drive revenue growth.
• May review and clarify contract documents and bond forms, as well as banking terms and conditions.
• May review and guide the Client on the terms and conditions of General Agreement of Indemnity required to be executed by Clients to support all surety transactions.
• May review financial statements for all industries with specific knowledge of each industries unique financial metrics.