VP, Regional Small Business Leader - Boston, United States - Berkley

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    Description

    Company Details

    Founded in 1967, has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

    Along the way, we've been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

    Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance & Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., . Berkley Corporation is well-positioned to respond to opportunities for future growth. #Guidewire #commercialinsurance

    This role will be based in one of our offices in New England (specifically CT, MA, ME or NH). We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

    The company is an equal opportunity employer. #LI-AV1 #LI-Hybrid

    Responsibilities

    The VP, Small Commercial plays a critical role in the development and execution of WRBC's Regional small business strategy in support of the companies that operate across the continental . This role collaborates closely with senior leadership to build customer personas, deliver market differentiators, provide technical expertise, and foster alignment between business and technology. This leader provides a shared vision of the future, ensuring companies can profitability grow their small business portfolio, expand their appetites, leverage common platforms, maximize operational efficiencies, and provide a superior customer experience.

    We'll count on you to:

  • Implement a fully integrated digital solution that provides a simple, seamless experience and meets our agents where they do business.
  • Provide regional companies with resources to help market and sell new digital platforms and capabilities to their associates, agents, and insureds.
  • Lead the design of insurance products and technology platforms that enable efficiency in the quote/bind/issue space.
  • Develop underwriting rules that streamline automation and straight through processing (STP) in support of growth and profitability objectives.
  • Serve as a liaison and escalation point for underwriting staff on system integrations, product, operations, analytics, appetite, and referrals.
  • Collaborate with our business partners to grow and constantly improve the business portfolio:Professionals at our regional companies that effectively develop and underwrite the business with our agency partners.Actuarial and data scientist teams to create world-class pricing stratification.Operations team to develop streamlined workflows, with data and metrics regarding STP, turnaround time, referral triggers, issuance, and endorsements.
  • Be a thought leader for expansion within small commercial:Collaborate with regional companies and conduct market analysis to identify potential industry expansion.Create go to market strategy for new industry segments including marketing, training, communications, and underwriting guidelines.Maintain the portfolio business in a profitable manner.Collaborate with technology partners to enable products for digital agency distribution.Enhance product solutions for book consolidation opportunities.
  • Qualifications

    What you need to have:

  • Bachelor's degree from four-year College or University
  • Strong insurance industry knowledge and underwriting acumen
  • 10+ years of experience in the small commercial insurance business strategy and eco-system development
  • Ability to travel 25%
  • Excellent communication, collaboration, and interpersonal skills
  • Project management skills
  • What makes you stand out:

  • Leadership skills to lead through influence
  • A natural curiosity with a passion for learning and seeking innovative improvements
  • A proven track record of building and maintaining strong business relationships with insureds, agents & brokers
  • Experience in implementing Guidewire platforms
  • Ability to navigate ambiguity
  • Additional Company Details

    We do not accept any unsolicited resumes from external recruiting agencies or firms.

    The company offers a competitive compensation plan and robust benefits package for full time regular employees.

    The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

    Sponsorship Details

    Sponsorship not Offered for this Role