AVP, EXCESS CASUALTY UNDERWRITING
ACE INA is the U.S.-based division of the ACE Group of Companies, which provides insurance and reinsurance for a diverse group of clients around the world. Through subsidiaries of the ACE Group of Companies, ACE INA offers a broad array of sophisticated property, casualty, accident and health, and financial products, and risk management services to corporate and consumer clients across the U.S.
ACE is dedicated to recruiting and developing talented individuals with the knowledge, ability and desire for success. With our strong capital base, financial stability, diversified earnings stream and multinational operating platform, we offer an excellent opportunity for your future growth and development.
A CE is a market leader and innovator. We are driven to understand our customers? emerging issues in order to proactively develop customized solutions that meet their needs. By working together as a diverse team of professionals, we examine issues form the perspective of different disciplines, geographical regions, and expertise areas to assist us in crafting solutions that will meet even the most complex challenges.
KEY OBJECTIVES
To execute the ACE Excess Casualty growth and underwriting business strategies by executing upon established team action plans and goals for the region. As a key underwriting member of the ACE Excess Casualty team in the assigned region, this position will work with their local team leader, to achieve profitable underwriting results through the growth, development, and underwriting of our ?Core? Excess Casualty business. This position will be responsible for achieving Profitability & Production Goals, meeting Overall Branch Administrative standards, and active participation within the regional Excess Casualty team.
MAJOR DUTIES & RESPONSIBILITIES
Position will be responsible for the following activities:
PROFITABILITY & PRODUCTION
? Goal Achievement - Delivering upon the established New and Renewal business goals as provided by the Regional
? Team Leader. This will include Premium projections as well as all Policy Acquisition and Travel & Expense budgets.
? Growth Strategies - Executing upon the assigned roles per the written regional marketing plans and strategies. This includes:
? Key Client & Broker Relations including Sales Calls & attendant strategies
? Completing Target Account responsibilities & Cross Sell Strategies
? Underwriting Integrity - Achieving all underwriting standards as outlined by the ACE Excess Casualty Home office and all applicable Underwriting Guidelines, Authorities, and Position Papers. This includes:
? Risk Selection
? Pricing & Attachments including Rate Change Goals
? Terms & Conditions
BRANCH ADMINISTRATIVE
? Ensuring the achievement of all divisional standards with regards to all administrative responsibilities as outlined in the ACE Excess Casualty Operations Manual, including:
? Accurate & Timely Policy Issuance
? Accurate Billings
? Manuscript Form & Endorsement processes
? File Construction and Documentation
PERFORMANCE MEASURES
Performance will be measured by:
? Achievement of Premium Goals & Budgets
? Adherence to Underwriting Goals, Guidelines & Objectives
? Actuarial Profitability studies on Book of business
? Results of Underwriting Audits (conducted by any party)
QUALFICATIONS: This role will require:
? Minimum of 7 Years Underwriting Experience
? Business Acumen
? High Level of Product Knowledge including:
o Exposure Analysis
o Form & Coverages
o Rating Principles and Mechanics
? Negotiation & Presentation Skills
? Experience with Broker Relations & Customer Management
? Strong Verbal and Written Communication Skill
? Basic Proficiency in Microsoft Word, Excel, Power Point
ACE offers a competitive salary plus cash bonus, equity opportunities and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan with $1 per $1 company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.
If you'd like additional information about ACE INA, please visit our website at www.ace-ina.com.
ACE INA is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply.
To apply for this position, please contact:
Donielle N. Elam
donielle.elam@ace-ina.com
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