Regional Vice President
Company | EMC Insurance |
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Location | Minneapolis, MN, USA, Wisconsin, USA |
Salary | $200000 – $270000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s degree or equivalent relevant experience
- Ten years of property and casualty experience with increasing roles of responsibility
- Experience managing and leading a department or business unit preferred
- Management experience involving multiple lines of business preferred
- Professional insurance designations highly preferred
Responsibilities
- Oversee all regional operations to achieve profitable growth in assigned multi-state regions in alignment with corporate operating and strategic plans.
- Manage all aspects of the plan including new and renewal business, appropriate rate levels, quality of the book of business, and key expenses in each department.
- Accountable for regions middle market profitability, and drive growth in other business lines for multi-state region territory to ensure profitability in collaboration with Corporate Underwriting.
- Identifies underrepresented geographical areas to maximize spread of risk.
- Responsible for the overall management process of the assigned business operation/territory.
- Regularly evaluates performance including key criteria, such as production growth, profitability, business mix, and retention.
- Manage complex agency relationships for the region, working closely with agency partners and Sales & Distribution Management to ensure mutual success.
- Evaluate market conditions, oversee appointments and evaluations/reviews, and make changes within the assigned territory as necessary to achieve objectives.
- Oversee new agency appointments.
- Provide strategic leadership across the region to achieve goals.
- Responsible for developing and implementing a talent strategy, to attract, retain and grow internal talent.
- Advance EMC’s diversity, equity and inclusion goals. Foster an innovative culture, including supporting new ideas and provide guidance on potential changes.
- Foster an environment of collaboration within the team and with other teams and profit centers.
- Function as trusted partner to entire C-level leadership team.
- Oversee and accountable for the implementation of corporate underwriting strategies at regional level to ensure highly collaborative and fully aligned One EMC approach.
- Ensure strong partnership with and use of corporate departments including Commercial Lines Underwriting, Claims, Loss Control, MarCom, Sales and Distribution, and Finance.
- Work collaboratively across regions on agency relationships, specific account opportunities and underwriting appetites.
- Integrate all EMC marketing efforts and successfully communicate the broader EMC value proposition to agents.
Preferred Qualifications
- Experience managing and leading a department or business unit preferred
- Management experience involving multiple lines of business preferred
- Professional insurance designations highly preferred