Assistant Vice President

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Underwrites both new and renewal business.

• Authorizes changes to policies.

• Manages workload and oversees written business up to and including the binding stage in accordance with Company guidelines.

• Leads a production and underwriting team.

• Delivers exceptional professional service to Agents and Companies.

• Achieves or surpasses production targets assigned by Management.

• Supervises team(s) to ensure that all relevant information is effectively communicated.

• Cultivates and maintains strong relationships with clients.

• Promotes all program products and services to clients.

• Communicates effectively and promptly with all producers regarding submissions and decisions on new or renewal business.

• Evaluates and makes decisions on endorsement requests in line with internal and Company guidelines.

• Oversees accounts to ensure adherence to the firm's policies and procedures.

• Tracks production metrics, hit ratios, renewal retention ratios, risk distribution, and other quality measures to mitigate risks and forecast future success.

• Reviews and appropriately manages policy servicing requests.

• Meets or exceeds documentation standards, adheres to underwriting authority levels, and successfully passes all internal and external audits.

• Maintains the necessary licenses to conduct business.

⛳️ Requirements

• Bachelor's degree or relevant insurance designation.

• Minimum of five years' experience as an active Underwriter or seven years' experience in the insurance industry.

• Must hold valid licenses in relevant areas of insurance as required.

• Ability to comprehend and analyze essential components of insurance policies.

• Capable of understanding client needs and knowledgeable about associated risk profiles.

• Ability to identify new trends and developments in the insurance sector and integrate them into strategic plans.

• Proficient in commercial multi-line underwriting and rating.

• Competent in using company automation tools, including Windows, Delphi, Word, DocuCorp, and Rackley ISO Rating Software.

• Skilled at developing, nurturing, and sustaining strong working relationships with agencies.

• Possess leadership qualities and teamwork abilities.

• Exercise sound judgment in decision-making.

• Stay updated with current knowledge of the insurance industry.

• Strong written and verbal communication skills.

• Willingness to travel based on client, Agent, and new business requirements.

• Ability to work extended hours when necessary.

🏝️ Benefits

• Comprehensive medical, dental, vision, life, disability, and AD&D insurance.

• Tax-advantaged savings accounts.

• 401(k) plan with company matching contributions.

• Generous paid time off programs, including company holidays, vacation days, sick leave, and parental leave.

• Potential eligibility for restricted stock units and/or a deferred compensation plan.