Assistant Vice President

Amwins

$115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7 years of experience in a related field or role with specialized knowledge
  • Current P&C insurance license is mandatory
  • Transportation and excess casualty experience are advantageous but not required
  • Strong understanding of risk selection and coverage nuances
  • Familiarity with marketing strategies and sales techniques
  • Willingness and ability to travel as needed

Responsibilities

  • Act as a communication liaison with the Production Team
  • Provide brokers with insights on markets and products relevant to their business
  • Support brokers in client and underwriter meetings
  • Assist in administration and production needs of the team
  • Prepare and submit insurance proposals for complex accounts
  • Negotiate terms with carriers for optimal client programs
  • Oversee preparation and finalization of key documentation for clients and carriers

Benefits

  • Broad benefits package available starting on the first day of employment
  • Includes medical, dental, vision, and life insurance
  • Generous Paid Time Off and holiday schedule
  • Opportunities for career advancement
  • Collaborative work environment focused on continuing education
  • Additional perks such as parental leave, travel reimbursement, and retail discounts
Full Job Description
Join our Amwins Brokerage team in Chicago as Assistant Vice President!

This position is in-office. None of our positions are commission based or involve cold calling.

Essential job functions include, but are not limited to:
  • Serves as a point of communication with the Production Team, including providing coverage and program design advice and expertise
  • Provides brokers with knowledge about markets and products as they relate to classes of business
  • Assists Broker in client and underwriter meetings as requested
  • Assists Broker in leadership of the Production Team serving as a first line of defense in administrative matters as well as production/servicing needs
  • Prepares and submits proposals to carriers for complex or hard-to-place accounts
  • Negotiates with carriers for the best program for clients
  • Oversees preparation of draft proposals
  • Oversees preparation and finalization of Carrier and Client coverage confirmations
  • Maintains strong relationships with key carriers in the Strategic Market
  • Assists in the training of Associate Brokers and Marketing Brokers


We are looking for people with:
  • Comprehensive knowledge of specialized field or area, sometimes acquired through a bachelor's degree or equivalent, and 7 years of job-related experience
  • Must have current P&C license
  • Transportation experience preferred, but not required
  • Excess casualty experience preferred
  • Developed understanding of risk selection and coverage
  • Knowledge of principles and methods involved in selling services including marketing strategies and tactics and sales techniques
  • Ability to travel when necessary


Snapshot of what Amwins provides to our valued team members:
  • Compensation includes a salary commensurate with experience
  • Annual bonus potential
  • Broad benefits package available
  • Most benefits available first day of employment
    • Medical, Dental, Vision, Life, etc
    • Parental Leave, Adoption Assistance, Travel Reimbursement for healthcare, Retail Discount Program, Scholarships for dependents of Amwins employees, etc.
  • Generous Paid Time Off and Company Holiday Schedule
  • Collaborative, continuing education focused work environment
  • Career advancement opportunities


The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Pursuant to Illinois regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses.

Illinois Pay Range

$115,000-$115,000 USD

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