What are the responsibilities and job description for the Risk Solutions Vice President position at JAMES A SCOTT & SON INC?
RISK SOLUTIONS VICE PRESIDENT
With 150 years’ experience, Scott Insurance is a leader in developing smart strategies and innovative programs customized to the needs of mid-market companies. We offer property & casualty, employee benefits, captive insurance, and surety bonds solutions, as well as personal risk services. An employee-owned company, we are one of the largest independent agencies in the Southeast and have Captive Insurance operations in Grand Cayman and Vermont. For 25 years, we have earned the distinction of a Best Practices Agency and have consistently been ranked among the top 30 agencies in the country by Reagan & Associates. Scott has nine offices across North Carolina, South Carolina, Tennessee, and Virginia. Our employee owners enjoy a strong, team-centric culture, excellent benefits, and retirement programs. As an employee-owned company, our associates are more than employees; they are owners. This ownership creates a unique company culture and provides significant opportunities for our employee owners. We are driven by an entrepreneurial spirit and guided by out-of-the box thinking to deliver world-class service to our clients, primarily mid-market companies.
We currently have an opening for a Risk Solutions Vice President in our Richmond, VA office. If you enjoy working in a dynamic environment that rewards excellence and encourages entrepreneurial thinking, we’d like to hear from you!
PRINCIPAL OBJECTIVES OF THE POSITION
The Risk Solutions Vice President is the lead relationship manager with Scott’s property and casualty insurance carrier partners. In addition, the Risk Solutions Specialist works in partnership with our producer teams to negotiate coverage placements on behalf of our clients and prospective clients.
POSITION QUALIFICATIONS AND REQUIREMENTS
- 5 years of carrier, agency and/or broker experience
- Experience with P&C lines of business including Workers’ Compensation
- Working knowledge of large accounts a plus, especially loss-sensitive plans
- Resourceful and diligent in seeking the best solution among numerous options
- Strategic thinker who is flexible enough to have alternative strategies
- History of integrity in all relationships and processes
- CPCU and/or CIC designation a plus
- Competitive with a strong desire to win
- Excellent communication skills, both written and oral
- Ability to manage multiple tasks simultaneously
- Relationship-oriented but also able to work on detail tasks when needed
- Superior conflict resolution skills
PRINCIPAL DUTIES AND RESPONSIBILITIES
- Analyze and identify risks for mid-to-large commercial businesses, develop strategies for placement of that business, identify potential markets, negotiate with underwriters to obtain new business and renewals to a successful conclusion
- Partner with Producer teams to write and retain business
- Maintain productive relationships with underwriters to build a relationship of trust for the presentation and negotiation process
- Expertise in commercial coverages, conveying that expertise to internal and external stakeholders
- Meet regularly with insurance company representatives to gather and disseminate information
- Participate on insurance companies’ advisory councils and other appropriate industry organizations
- Work effectively with senior management at the carriers, as well as with their front-line underwriters
- Manage carrier relationships, including negotiating value contracts and agreements
- Work closely with Producer teams in the analysis, design, negotiation, and placement of large middle market and risk management accounts, including construction, manufacturing, and healthcare
- Other duties as assigned
