What are the responsibilities and job description for the Assistant Vice President / Vice President - Professional Services, Professional, Executive & Cyber Solutions Team position at EPIC Insurance Brokers & Consultants?
Location : Hybrid to Chicago, IL or New York, NY offices
Assistant Vice President / Vice President, Professional Services : Professional, Executive & Cyber Solutions Team
- Support Account Team Leaders with the placement of professional liability insurance and ancillary management liability insurance products for large professional service firms / companies; with a focus on large accounting and consulting firms.
- Work closely with account service team leaders to manage client renewal process, including the following tasks :
- Identify, analyze, and quantify risk exposures for clients / prospects and recommend appropriate insurance products and service requirements
- Create and submit renewal specifications to the marketplace and consult with clients in the development of underwriting materials for submission to markets
- Negotiate policy terms, conditions, premiums, and collateral with domestic markets, and work closely with international placement broker
- Create necessary client deliverables documents throughout renewal timeline process
- Present marketing results to clients
- Review quotes, binders, policies and endorsements for accuracy and transmit to clients
- Support investigation and efforts to resolve policy and / or claims issues between insured and insurer
- Support the collection of claims information and payouts, as required
- Ensure service of clients' daily account needs are met, this may include insurance requirement responses, certificate requests, and midterm coverage questions or policy needs
- Develop and maintain productive business relationships with key insurance underwriters
- Request invoices, ensure timely payment and remittance
- Review contracts and insurance requirements for clients and identify gaps in coverage, suitability, and errors and document findings for internal quality review
- Assist with special projects and client requests
- Produce renewal strategy, renewal presentation and stewardship reports
- Contribute to winning prospect opportunities, including preparation of capabilities presentations, written RFP responses and oral presentations
- Communicate client developments and service results, market conditions and developments and team member performance to team leadership regularly
Qualifications :
Skillset must include :
Job Location :
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