Berkley

VP/SVP, Specialty Casualty Segment Executive

Location Name IL, Chicago - 550 W Jackson Blvd - 5th Floor
ID
2024-10806
Date Posted
2 weeks ago(8/26/2024 4:08 PM)
Company
Vela Insurance Services
Primary Location
US-IL-Chicago
Category
Underwriting

Company Details

VELA_HorizLogo2019_CMYK

 

Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments.: Construction, Specialty Casualty, Velocity Smal Business & Professional Liability.  We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.

 

The Company is an equal employment opportunity employer.

 

https://www.vela-ins.com/ 

Responsibilities

The VP/SVP, Specialty Casualty Segment Executive is responsible for all aspects of underwriting leadership in the national Specialty Casualty underwriting segment.  This is a senior leadership role and will report to Vela’s Chief Underwriting Officer.  Responsibilities include:

  • Overall management responsibility for a large business segment.
  • Leading underwriters and regional leaders in driving the success of the business.
  • Achieving premium, rate, and profitability goals.
  • Continually refining and updating Underwriting Guidelines.
  • Preparing strategic budgeting and business plans.
  • Managing the diversity of risks held within the portfolio.
  • Driving and managing the underwriting and profitability metrics.
  • Managing expense budgets.
  • Create a culture of innovation and change.
  • Managing underwriters’ letters of authority.
  • Training, coaching, and developing team members.
  • Participating in the sourcing, interviewing, and hiring of new team members.
  • Managing policy forms and product offerings.                                                               
  • Partnering with cross functional teams.
  • Managing broker partnerships.
  • Applying analytics to distribution management.
  • Regular and predictable attendance.
  • Other duties as assigned.

Qualifications

  • Four (4) year College Degree, or commensurate experience and training.
  • Industry designations preferred: CPCU, ASLI, ARM.
  • Minimum of 15+ years’ commercial lines underwriting experience.
  • Experience in managing a team.
  • Experience in and understanding of the E&S competitive marketplace.
  • Demonstrated technical expertise and product knowledge in Manufacturing & Products.
  • A drive to be creative and innovative in advancing the success of the segment.
  • 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.

#LI-FL1 #LI-HYBRID

Additional Company Details

We do not accept any unsolicited resumes from external recruiting 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

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