Hub International Limited

Assistant Vice President - Commercial Lines (Construction)

Hub International Limited$128K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in insurance brokerage
  • Bachelor's degree or equivalent work experience
  • Strong detail orientation and excellent mathematical skills
  • Ability to analyze various lines of insurance
  • Proficient in MS Office applications
  • Excellent interpersonal and communication skills
  • Capable of managing multiple tasks in a fast-paced setting
  • Possession of a NYS Property & Casualty License
  • Familiarity with EPIC software preferred or willing to learn

Responsibilities

  • Perform account servicing duties for assigned accounts
  • Ensure profitability of accounts using a value-based approach
  • Engage in strategy meetings for new and renewal accounts
  • Prepare and maintain stewardship reports and renewal expirations
  • Provide accounts services and claims assistance as needed
  • Conduct marketing for standard renewals and negotiate terms
  • Prepare and present proposals for clients and ensure coverage adequacy

Benefits

  • Health, dental, and vision insurance
  • Life and disability insurance
  • Flexible Spending Account (FSA)
  • Health Savings Account (HSA)
  • 401(k) retirement plan
  • Paid time off benefits
  • Commissions for applicable positions
Full Job Description
We are currently seeking an Assistant Vice President to join our Commercial Lines Construction Division.

Duties and Responsibilities:
  • Perform all account servicing duties on assigned accounts
  • Ensures overall account profitability with a value-based approach for the scope of service and costs associated with the client.
  • Engage in new and renewal strategy meetings
  • Prepare Stewardship reports. Maintain renewal expirations, avoid any lapse in coverage, and solicit additional lines of coverage
  • Service accounts and provide claims assistance as needed including contract review and advise client on insurance requirements
  • Develop high degree of technical, insurance, and risk management knowledge through research and attendance in industry seminars and continuing education efforts
  • Market standard renewals to include - submission preparation, obtain quote, negotiate premium and commission. This can include new accounts.
  • Prepare proposals and presentations.
  • Bind coverage, prepare binder and delegate certificate issuance
  • Review coverage, identify deficiencies and determine appropriate level of coverage
  • Meetings with client as needed.
  • Review accounting history, respond to accounting inquiry, correct discrepancies and contacts client on receivable collection.
  • Assist Senior Account Executive when requested.
  • Assist with Senior Account Executive with Certificates of Insurance, Auto ID Cards, schedules of insurance, proposals on larger accounts when requested.


Qualifications:
  • 5-7 years related experience with broker
  • Bachelor's degree preferred or equivalent work experience
  • Detail oriented with good mathematical and communication skills
  • Ability to understand, analyze, and research different lines of insurance
  • Proficient in MS Office
  • Ability to work within designated time frames
  • Good interpersonal skills & communication skills
  • Multi-tasking abilities in a fast-paced environment
  • NYS P&C License
  • Working knowledge of EPIC preferred, but otherwise, the ability and willingness to learn


The expected pay range for this position is $128,000 annually to $150,000 annually and will be impacted by factors such as the successful candidate's skills, experience, and work location, as well as the specific position's business line, scope, and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and commissions for some positions.

Department Account Management & Service

Required Experience: 7-10 years of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

About Hub International Limited

Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 13,000 employees in offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
Learn more about Hub International Limited
Size
13,000 employees
Industry
Founded
1998

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