Vice President, Specialty Casualty
Apply NowCompany: QBE Insurance Group Limited
Location: Chicago, IL 60629
Description:
Primary Details
Time Type: Full time
Worker Type: Employee
The Opportunity
The purpose of this role is to accountable for building and leveraging existing broker relationships to win and retain business. Responsible for applying technical expertise based on best practice and industry standards. Contribute to the achievement of business results that enable organizational growth through consistent application of processes, ensuring appropriate risk selection and pricing. Maintain knowledge base around full spectrum of products and provide input on the introduction of potential new products. Will be responsible for product(s) within a line of business, such as Accident and Health, Aviation, Retail P&C, Wholesale P&C, Financial Lines, and Transactional Liability.
Location: Chicago, IL
Work Arrangement: Hybrid
The salary range for this role is: $198,000 - $297,000
Your new role:
Lead and influence the standardization of underwriting across assigned product(s) by holding the team accountable, defining risk assessment parameters, setting quality service standards and developing and leading self-audit initiatives to foster consistent and profitable risk selection
Develop and maintain relationships within and outside QBE to drive new business opportunities
Foster a collaborative approach to growing the business by communicating with peers and identifying profit and loss trends to drive achievement of department profitability objectives
Capitalize on opportunities for continuous improvement by reviewing reports on loss ratios, conducting research on market trends and best practices and leading the implementation of innovative underwriting strategies to enhance portfolio and ensure organization is competitive in the marketplace
Develop sustainable underwriting operations for product(s) by analyzing, refining and enhancing current practices to ensure future planning aligns with long-range business growth objectives
Required Qualifications:
Bachelor's Degree or equivalent combination of education and work experience
10+ years relevant experience
Preferred Experience:
Collaborate at different levels within the organization to accomplish a common goal
Utilize effective research and investigative techniques
Analyze risks, benefits and opportunities to ensure organizational competitiveness and satisfaction of established long-range objectives
Prioritize interests of the company and community during decision-making
Leverage business and financial expertise
Establish a high degree of trust and credibility with others
Preferred Experience
Underwriting experience is required
Specific experience required will vary based on assigned line/s of business
Participation in industry events that support continuous education and superior technical proficiency and underwriting competence
Depending on assigned product(s) of business, specific participation and memberships are preferred and may include one or more of the following:
Professional Liability Underwriting Society
Surety & Fidelity Association of America
American Bankers Association and Professional Liability Underwriting Society
or RIMS
Preferred Knowledge
Strong working knowledge of products and insurance operations, underwriting processes and procedures
Strong working knowledge of laws and regulations related to area of responsibility
Strong working knowledge of terminology, concepts and principles related to strategic planning
Strong working knowledge of current organizational strategies
Strong working knowledge of competitive carriers' best practices and market intelligence
Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.
QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:
Hybrid Working - a mix of working from home and in the office
22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
Competitive 401(k) program with company match up to 8%
Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
Tuition Reimbursement for professional certifications, and continuing education
Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community
To learn more, click here: Benefits | QBE US
Why QBE? What if you could have a positive impact - at work and in the world?
At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.
Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.
Join us now, so you can be part of our success - and we can be part of yours!
https://www.linkedin.com/company/qbe-north-america/
Commitment to Diversity
QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.
Equal Employment Opportunity:
QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.
Supplementary information
Skills:
Analytical Thinking, Coaching for success, Communication, Critical Thinking, Decision Making, Financial Modeling, Influencing, Insurance Underwriting, Intentional collaboration, Managing performance, Navigating ambiguity, Policy Development, Portfolio Management, Stakeholder Management, Strategic Leadership
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Skills:
Analytical Thinking, Business Management, Coaching for success, Critical Thinking, Decision Making, Detail-Oriented, Influencing, Insurance Underwriting, Intentional collaboration, Managing performance, Navigating ambiguity, Policy Development, Prioritization, Risk Management, Stakeholder Management
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Time Type: Full time
Worker Type: Employee
The Opportunity
The purpose of this role is to accountable for building and leveraging existing broker relationships to win and retain business. Responsible for applying technical expertise based on best practice and industry standards. Contribute to the achievement of business results that enable organizational growth through consistent application of processes, ensuring appropriate risk selection and pricing. Maintain knowledge base around full spectrum of products and provide input on the introduction of potential new products. Will be responsible for product(s) within a line of business, such as Accident and Health, Aviation, Retail P&C, Wholesale P&C, Financial Lines, and Transactional Liability.
Location: Chicago, IL
Work Arrangement: Hybrid
The salary range for this role is: $198,000 - $297,000
Your new role:
Lead and influence the standardization of underwriting across assigned product(s) by holding the team accountable, defining risk assessment parameters, setting quality service standards and developing and leading self-audit initiatives to foster consistent and profitable risk selection
Develop and maintain relationships within and outside QBE to drive new business opportunities
Foster a collaborative approach to growing the business by communicating with peers and identifying profit and loss trends to drive achievement of department profitability objectives
Capitalize on opportunities for continuous improvement by reviewing reports on loss ratios, conducting research on market trends and best practices and leading the implementation of innovative underwriting strategies to enhance portfolio and ensure organization is competitive in the marketplace
Develop sustainable underwriting operations for product(s) by analyzing, refining and enhancing current practices to ensure future planning aligns with long-range business growth objectives
Required Qualifications:
Bachelor's Degree or equivalent combination of education and work experience
10+ years relevant experience
Preferred Experience:
Collaborate at different levels within the organization to accomplish a common goal
Utilize effective research and investigative techniques
Analyze risks, benefits and opportunities to ensure organizational competitiveness and satisfaction of established long-range objectives
Prioritize interests of the company and community during decision-making
Leverage business and financial expertise
Establish a high degree of trust and credibility with others
Preferred Experience
Underwriting experience is required
Specific experience required will vary based on assigned line/s of business
Participation in industry events that support continuous education and superior technical proficiency and underwriting competence
- E&S experience with wholesale brokers in Midwest Region
Depending on assigned product(s) of business, specific participation and memberships are preferred and may include one or more of the following:
Professional Liability Underwriting Society
Surety & Fidelity Association of America
American Bankers Association and Professional Liability Underwriting Society
or RIMS
Preferred Knowledge
Strong working knowledge of products and insurance operations, underwriting processes and procedures
Strong working knowledge of laws and regulations related to area of responsibility
Strong working knowledge of terminology, concepts and principles related to strategic planning
Strong working knowledge of current organizational strategies
Strong working knowledge of competitive carriers' best practices and market intelligence
Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.
QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:
Hybrid Working - a mix of working from home and in the office
22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
Competitive 401(k) program with company match up to 8%
Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
Tuition Reimbursement for professional certifications, and continuing education
Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community
To learn more, click here: Benefits | QBE US
Why QBE? What if you could have a positive impact - at work and in the world?
At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.
Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.
Join us now, so you can be part of our success - and we can be part of yours!
https://www.linkedin.com/company/qbe-north-america/
Commitment to Diversity
QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.
Equal Employment Opportunity:
QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.
Supplementary information
Skills:
Analytical Thinking, Coaching for success, Communication, Critical Thinking, Decision Making, Financial Modeling, Influencing, Insurance Underwriting, Intentional collaboration, Managing performance, Navigating ambiguity, Policy Development, Portfolio Management, Stakeholder Management, Strategic Leadership
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Skills:
Analytical Thinking, Business Management, Coaching for success, Critical Thinking, Decision Making, Detail-Oriented, Influencing, Insurance Underwriting, Intentional collaboration, Managing performance, Navigating ambiguity, Policy Development, Prioritization, Risk Management, Stakeholder Management
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.