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AVP Professional Liability
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$69k-91k (estimate)
Full Time 1 Month Ago
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Brown & Brown Insurance is Hiring an AVP Professional Liability Near Chicago, IL

Nexus Specialty Inc., a division of The Nexus Group, is looking for an AVP – Professional Liability, to join our US Financial Lines team. We are a fast paced, energetic, and rapidly growing MGA that offers a great opportunity for a driven, experienced market-facing underwriter interested in helping continue to build our wholesale business. This role is a Hybrid position located in one of the following locations: Chicago, Dallas, or Morristown NJ.

The AVP will play a key role working with the VP of Professional Liability and Head of US Financial Lines to help grow a profitable book of wholesale-only, middle market Miscellaneous Professional Liability (and further PL expansion) business in the US. They will take an active part in the development and implementation of an underwriting strategy that identifies profitable market opportunities and key wholesale broker relationships.

WHAT YOU’LL DO:

  • Underwrite a portfolio of primary and excess miscellaneous professional liability risks – with a primary focus on new business.
  • Adhere to company guidelines and underwriting authority, evaluate new business accounts to determine risk acceptability, contractual terms and pricing.
  • Partner with VP to review and manage overall book performance and production results.
  • Generate new business opportunities by leveraging wholesale broker contacts.
  • Manage wholesale broker relationships in assigned territory.
  • Represent Nexus at networking functions and other cyber industry-related events.
  • Remain current on legal and regulatory changes and claim development in order to contribute to portfolio profitability.

WHAT YOU’LL NEED:

  • Bachelor's degree and 7 years of professional liability underwriting experience – with a focus in at least one of these areas: MPL, real estate, accountants, insurance agents, media, or tech.
  • Demonstrates significant contribution to underwriting profit.
  • Independent decision maker – takes full responsibility for making decisions and consequences associated with decisions.
  • Knowledge of the professional liability external market.
  • Established network of wholesale broker relationships.
  • Continually seeks opportunities for portfolio growth and potential broker opportunities.

WHAT WE OFFER:

  • Excellent growth and advancement opportunities.
  • Competitive pay based on experience and results.
  • DTO – Discretionary time off
  • Generous benefits package health, dental, vision, etc.
  • Employee Stock Purchase Plan

Job Summary

JOB TYPE

Full Time

SALARY

$69k-91k (estimate)

POST DATE

08/08/2024

EXPIRATION DATE

09/23/2024

WEBSITE

bbinsurance.com

HEADQUARTERS

NORTH LITTLE ROCK, AR

SIZE

7,500 - 15,000

FOUNDED

1939

CEO

JIM BROWN

REVENUE

$1B - $3B

INDUSTRY

Insurance

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About Brown & Brown Insurance

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammatesnot e ... mployees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work . Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industrys most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO. More
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