Strategic Distribution Leader
Apply NowCompany: Canopius
Location: Chicago, IL 60629
Description:
Job Description
To define and execute a regional distribution strategy for the United States at Canopius working with the US Head of Distribution and Underwriting to deliver against long-term growth plans/objectives.
Responsibilities
Qualifications
Salary Range: $175,000- $220,000
To define and execute a regional distribution strategy for the United States at Canopius working with the US Head of Distribution and Underwriting to deliver against long-term growth plans/objectives.
Responsibilities
- Working with Underwriting to create business plans with key brokers that leverages the organization's products and services
- Drive growth objectives, sales campaigns and initiatives
- Develop and Maintain Broker Profiles - document broker portfolio and go to market strategy
- Create relationship maps connecting the local underwriters to the right contacts at key broker offices
- Align on growth goals with key brokers
- Report / communicate alignment of goals at the national and regional level
- Monitor broker performance based on agreed upon growth goals. Conduct monthly and quarterly meetings with brokers and underwriting teams to review progress and course correct where necessary
- Ongoing measurement of KPIs and monitoring of trends in Partnership (Submission Volume, Quote Ratio, Hit Ratio, UW Productivity).
- Maintain and communicate detailed opportunity assessment with key brokers
- Provide update on market trends, feedback on Canopius strategy, update on competition position and actions in the market
- Provide market intelligence on new business opportunities and assist underwriters with collecting / secure information needed to make underwriting decisions.
- In conjunction with FP&A, develop Standard Reporting Templates - Identify consistent process to generate data to ensure "single source of the truth". Drive consistency in how we manage the business
- Producer Performance Dashboard
- Underwriting Production Dashboard
- Distribution Performance Dashboard
- Engaging with underwriting a review renewals 120 days prior to effective date. Discuss and agree on renewal strategy with underwriter(s) for accounts in jeopardy
- In coordination with the Head of Distribution and Underwriting, set financial and operational performance goals based on business segment growth and portfolio management targets
- New Business vs Renewal
- Rate / Exposure Growth
- Quote Ratio (Specific target for each Underwriter)
- Facilitate recurring meetings - by region and business segments with leadership to identify potential gaps to stated goals and develop mitigation plans
- Gaps / Shortfall by Region
- By Broker Office
- By LOB
- By Underwriter
- Representing Canopius externally in a manner that enhances market reputation and profile.
- Other duties may be assigned.
Qualifications
- Successful and profitable track record.
- A proven leader with skills in building and developing a team, managing priorities, and thinking strategically.
- Ability to make sound decisions based on data and risk assessment and ability to make a positive impact on the long-term success of the overall business in planning, organization, and development.
- Good communicator, both verbally and written.
- Good computer skills including MS office.
- Knowledge of the Lloyd's market and international markets
- Leadership Capabilities:
- Leadership.
- Collaboration and Teamwork
- Models Company Values.
- Managing Change.
- Managing Performance
- Business Competence & Technical Knowledge.
Salary Range: $175,000- $220,000