Vice President New York, NY
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 16,000 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 for our Risk Management Commercial Lines Department in our Bryant Park, NYC office.
Responsible for the day-to-day servicing, including responsibility for retention and growth of the book. This book of business consists of four (4) accounts, two (2) of which are very active accounts requiring an in dept understanding of real estate, the ability to multi-task, delegate, and train junior staff.
Following are some of the Functions & Responsibilities, which are not all inclusive:
Proactively address clients needs on a day-to-day basis with prompt responses to the client and manager, where applicable.
Conduct in-depth coverage reviews of existing policies and make recommendations as needed to broaden the client’s insurance program, and to prevent Errors and Omissions
Where applicable run M&S reports
Where applicable run PML
Where applicable run Flood determinations and take the necessary steps to make sure the client is covered
Negotiate the best possible coverage and rates according to underwriting guidelines.
Receive, review and forward invoices, policies, endorsements, premium allocations, and other documents as necessary to meet statutory requirements, if any, and to comply with servicing needs of our client’s.
Procure and bind insurance per the client’s instructions, timely. Process Certificates of Insurance, Binders, and Placement Requests timely.
Review and audit policies for compliance with internal procedures and in accordance with binders specification
Prepare proposals for clients and prospective 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
Prepare documentation to market accounts in accordance with HUB guidelines
Participate in new business strategies meetings and presentation, where required
Provide training to junior staff, where needed
Collaborate with unit staff
Market renewals and new business as well as collaborate with the marketing department
Round out accounts as opportunities arise
Market specialized coverages as needed
Relevant experience in handling the insurance and risk management needs of clients in the real estate industry and familiarity with the servicing needs of clients in the real estate industry
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
Ability to come to the office with a minimum of 2 days per week or as required by manager
Proficiency with Microsoft Office Suite and working knowledge of EPIC (ideal).
Must be proficient in excel with the ability to do premium allocations
The expected pay range for this position is $140,000 to $170,000 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 eligible bonuses, and commissions for some positions.
Department Account Management & Service
Required Experience: 7-10 years of relevant experience
Required Travel: Negligible
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 athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.
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Hi, we’re HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
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. For more information, please visit hubinternational.com.