What are the responsibilities and job description for the Vice President position at Berkley?
Company Details
Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following market segments: Construction, Specialty Casualty, and Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
Responsibilities
Reporting to the Segment Leader, the VP Underwriting is responsible for leading a team of Broker Specialists and Renewal Underwriters within our Construction segment and driving the results for the group.
The manager ensures underwriting excellence, supports profitable growth, strengthens broker relationships, and reinforces Vela’s underwriting strategies and champions our sales culture.
- Overall management responsibility for the assigned team
- Leading the team of underwriters in driving premium, rate, and profitability goals
- Achieving premium, rate and profitability goals
- Assisting in refining and updating the Underwriting Guidelines
- Training, coaching and developing team members
- Participating in the sourcing, interviewing and hiring of new team members
- Drive broker engagement strategies to enhance new business growth and renewal retention
- Applying analytics to distribution management
- Maintaining own book of business
- Other duties as assigned
Qualifications
- Four (4) year College Degree, or commensurate experience and training
- Professional Insurance designations preferred: CPCU, CRIS, ASLI, AU
- Minimum of 15 years’ commercial lines underwriting experience
- Experience in and understanding of the E&S competitive marketplace
- Demonstrated technical expertise and product knowledge in Construction
- A drive to be creative and innovative in advancing the success of the assigned team/ region
- Willingness to challenge the status quo and embrace change
- A strong desire to compete – and to win
- A team player approach
- Strong communication skills
- Advanced analytical and creative problem-solving skills
Sponsorship Details
Sponsorship not Offered for this Role