Vice President - Commercial Lines

Posted 22 Days Ago
Be an Early Applicant
New York, NY
200K-210K Annually
Senior level
Insurance
The Role
The Vice President - Commercial Lines will oversee account servicing, evaluate and recommend coverages, negotiate with underwriters, prepare client proposals, and ensure client satisfaction through effective relationship management. The role requires collaboration with the marketing department and providing training to junior staff, alongside engaging in new business strategies.
Summary Generated by Built In

HUB International Limited (“HUB”) is the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 19,000 employees in 750 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in the mergers and acquisitions.

We are seeking a Vice President to join our Risk Management Commercial Lines Department in our New York City office.

Functions & Responsibilities:

  • Service and monitor accounts and disseminate account activity
  • Market renewals and new business as well as collaborate with the marketing department 
  • Evaluate existing coverages and make recommendations as needed.  Round out accounts as opportunities arise
  • Negotiate with Underwriters to provide the best possible coverage and rates according to underwriting guidelines
  • Receive, review and forward invoices, policies, endorsements and other documents as necessary
  • Market specialized coverages as needed
  • Authorize the release of Certificates of Insurance, Accord Binders, and Placement Requests
  • Review and audit policies for compliance with internal procedures and in accordance with binders specification
  • Prepare proposals for clients and potential clients
  • Visit clients as necessary to ensure client satisfaction
  • Conduct online meetings with clients if in person meetings are not possible
  • Attend staff and Account Executive meetings
  • Apply (basic) proficiency of loss analysis, SIRs, Retrospective Rating/loss sensitive plans on account activity as needed
  • Assure proper disposition of items on expiration lists
  • Participate in new business strategies meetings and presentation
  • Provide training to junior staff, where needed
  • Collaborate with unit staff

Experience and Skills Required:

  • A minimum of 7-10 years related experience
  • Valid P&C License
  • Experience with servicing middle market and large accounts
  • Four-year college degree or equivalent work experience
  • Excellent written and verbal communication skills
  • Excellent organizational skills and strong attention to detail
  • Ability to establish and maintain relationships with clients and carriers
  • Ability to manage multiple responsibilities in a deadline driven environment
  • Strong presentation skills
  • Ability to work independently and collaboratively with a team
  • Ability to travel as needed
  • Proficiency with Microsoft Office Suite and working knowledge of EPIC (ideal)

The expected pay range for this position is $200,000 a year to $210,000 a year and will be impacted by factors such as the successful candidate’s skills, experience, and work location, as well as the specific position’s business line, scope, and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and commissions for some positions.

Department Account Management & Service

Required Experience: 7-10 years of relevant experienceRequired Travel: No Travel Required

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .

EEOAA Policy

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Top Skills

Casualty Insurance
Epic
Microsoft Office Suite
Property Insurance
Risk Management
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The Company
HQ: Chicago, IL
10,055 Employees
On-site Workplace
Year Founded: 1998

What We Do

Hi, we’re HUB.

We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy.

So you’re ready for tomorrow.


About Hub International
Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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