Note: The job is a remote job and is open to candidates in USA. HAUSER is a firm seeking an Assistant Vice President for their Financial & Professional Risk team. This role involves providing exceptional consultation and customer service to clients, managing client relationships, and overseeing insurance coverages while mentoring junior staff.
Responsibilities
- Develop and maintain strong relationships/partnerships with clients through the delivery of exceptional, value-added service and consultation
- Manage assigned client 'book of business'
- Foster and maintain positive working relationships with insurers
- Support Managing Director’s initiatives
- Invest efforts in training/education that support the drive to become a trusted advisor to clients
- Mentor, guide and assist in the development of junior staff, as needed
- Oversee activities of Risk Analyst(s) assigned to client team
- Technically manage FPR insurance coverages for low to high complexity accounts (determined by size of account and/or nature of business)
- Tactically manage key processes and internal activities to facilitate the execution of the Annual Service Plan with the Hauser team, insurance carriers, and clients
- Participate and promote pre and post placement client servicing, including Stewardship Reports, Insurance Renewal Specifications & Quarterly Reviews
- Assist clients in defining their objectives and constantly evaluate whether existing programs are accomplishing intended objectives
- Verify whether the programs comply with contractual requirements
- Analyze the strengths and weaknesses of existing insurance programs considering program design and structure, coverages, limits, and pricing competitiveness
- Negotiate with carriers to develop cost-effective options for clients
- Advise clients regarding alternative programs as well as additional coverages available in the marketplace
- Assist in selecting the carrier that best meets the financial and service requirements of our clients
- Prepare proposals and lead discussions with client key leaders and their professional advisors
- Review costs, policies, contracts, riders and certificates, employee handbooks, and safety manuals to assist clients when considering policy/coverage changes
- Demonstrate effective working knowledge of carrier underwriting practices & processes
- Have complete knowledge of the marketplace and assist in identifying and building relationships with those markets that will help facilitate successful placement of accounts
- Provide mentoring / training/ support to Analysts to further educate and develop technical skills and insurance competency
- In concert with the M&A Transaction Advisory team, provide due diligence for Client’s add-on acquisitions
Skills
- 4+ years of experience in the Financial Lines Insurance industry (D&O, EPL Cyber etc)
- Exceptional Interpersonal and Communication Skills
- Customer Service Focus
- Planning/Organizing Skills
- Problem Solving Skills
- Comprehensive knowledge of Microsoft Word and Excel
- Bachelor's Degree of Art or Science
- Ability to travel up to 35%
Company Overview