Commercial Insurance Vice President, Corporate Risk
1 month ago
Cincinnati
Job DescriptionDescription: The Vice President of Corporate Risk is a role aimed at delivering superior client service and propelling revenue growth. The position involves managing key accounts, cultivating client relationships, and implementation of strategic business plans, while also brokering new business opportunities presented by the private equity M&A transaction service team. The role provides an opportunity to mentor and nurture team members, while leading ground-breaking strategies that bring value to our clients. Objectives And Essential Job Duties • Establish and sustain robust partnerships with all tiers of client organizations through outstanding, value-added service and consultation and collaborate closely with the management team to maintain and enhance account revenues., • Lead the strategic formulation and execution of service plans for each client. This incorporates the complete service model, initiating with the development of a strategic plan leading up to and through the renewal process., • Serve as a bridge between clients and insurance companies, assisting clients in articulating their objectives, and continually assess whether existing programs are achieving intended objectives., • Consult on matters with innovative ideas that foster efficiency and process improvement including finance, business planning, due diligence, communication, and special projects., • Industry Expertise: Invest efforts in training/education to equip clients with the industry’s top-tier products and services and remain informed about vital legislation that may influence the client’s business., • Actively contribute to new sales efforts with the M&A team by developing pursuit strategies, assisting in onboarding/transitioning new business, and promoting proactive and forward-thinking marketing strategies and best practices across our PE partners, current clients, and prospective clients., • Spearhead the development of Analysts and Senior Associates/Client Executives in delivering outstanding, value-added service to clients. Offer professional independent advice, counsel, and guidance in Property & Casualty Insurance., • Assure program compliance with government regulations, assess the strengths and weaknesses of existing programs, negotiate with carriers to devise cost-effective options for clients, and direct presentations related to insurance strategies., • Direct and nurture team members, including Client Executives, Senior Associates, and Analysts, in offering proactive, ongoing client support in risk management, compliance, finance, and innovation. Key Competencies • Customer Focus: Demonstrates desire to create value for customers by delivering quality service that exceeds expectations., • Leadership: Capable of thinking long-term, providing direction, motivation, mentoring, and counsel., • Strategic Thinking: Capable of introducing new ideas and processes to enhance client and department effectiveness., • Development of Others: Capable of providing constructive feedback for growth and fostering an environment that encourages continuous learning., • Trust Building: Build strong relationships with clients through active listening and value-added service., • Implementation/Execution: Capable of planning, organizing, and managing multiple priorities and projects., • 10+ years of consulting/client service experience in the P&C Insurance industry required, • Bachelor’s degree required., • Exhibit high-level analytical and problem-solving skills, • Ability to manage multiple projects/priorities and meet time-sensitive deadlines in a fast-paced environment, • Proficiency with Applied EPIC (agency management system preferred), • Expertise in Microsoft Office 365, • Exceptional interpersonal and communication skills, • Strategic focus, leadership skills, and financial acumen, • A customer service focus, • An ACTIVE Resident Property & Casualty insurance License, in the state where you reside., • Desired prior experience with a private equity firm or servicing private equity firms, • Prior experience servicing c-level risk management or human resources; a plus, • Ability to travel domestically up to 35%