Job DescriptionPosition Overview:The
Assistant Vice President, EnvironmentalConstruction is responsible for the day-to-day technical underwriting of construction submissions (specifically those applying for contractor's professional and/or pollution liability insurance).
Responsibilities:- Manages the profitability, growth, and retention of a book of business.
- Underwrites and negotiates complex customer accounts to minimize risk and maximize profitability.
- Uses all available tools, particularly AI tools, to maximize productivity and efficiencies.
- Work independently within delegated underwriting authority and serve as a referral resource as needed.
- Cultivates and maintains relationships with Environmental peers, leaders, and internal stakeholders across functional areas to identify cross-selling opportunities, assist in product development, and operational excellence.
- Fosters and maintains external relationships with brokers to market and sell Ascot's products.
- Operates with underwriting integrity by adhering to the Environmental guidelines, with the goal of achieving profitability over top-line growth.
- Analyzes internally internal and external data to improve the underwriter productivity of the group and the broker experience.
- Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
- Executes other assigned responsibilities, projects, etc. as assigned by the Head of Environmental Construction.
Requirements: - Bachelor's degree (with a construction, engineering, or environmental focus preferred).
- Minimum of 8 years of construction professional and environmental underwriting experience.
- Deep knowledge of construction professional and environmental insurance products and market.
- Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
- Strong critical thinking skills.
- Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team.
- Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
- Possess strong technical, analytical, and quantitative skills.
- Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers.
- Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
- Proficient in Microsoft Office.
- ASLI, CPCU, ARM, CRIS or other relevant professional designations or certifications preferred, but not required.
- Field construction or engineering experience preferred but not required.
- Ability to travel.
- Proven ability to flourish in a fast-paced working environment.
CompensationActual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $180,000 - $195,000.
Company BenefitsThe Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).
