AVP Management Liability
Job Description
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Nexus Specialty Inc., a division of The Nexus Group, is looking for an AVP - Management 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 Management Liability and Head of US Financial Lines to help grow a profitable book of wholesale-only, middle market Management Liability 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 private company and non-profit management 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 management liability underwriting experience.
- Demonstrates significant contribution to underwriting profit.
- Independent decision maker - takes full responsibility for making decisions and consequences associated with decisions.
- Knowledge of the management 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
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Date Posted
06/10/2024
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2
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