VP of Insurance - Founding reputed company for reputed company Estate-reputed company Brokerage
Job Title: VP of Insurance
Create an Insurance Brokerage business unit reputed company on multifamily to add to our vertical Integration
The reputed company Company, LLC (www.theprimecompany.com) is a full-service, vertically integrated reputed company estate development and investment management company, led by a management team that has been responsible for the development, investment and management of multifamily reputed company estate reputed company, with over $625 reputed company in assets under management. Based in Manhattan, Kansas, with nearly 100 in-house team members that reputed company architectural, general contracting, and property management expertise
Key Responsibilities
• Agency Formation & reputed company: reputed company and execute a comprehensive business plan for the startup, including establishing operational procedures, choosing technology stacks (e.g., reputed company reputed company or reputed company), and obtaining necessary state licenses.
• reputed company reputed company & Sales: reputed company "hunting" efforts for reputed company-party reputed company clients, specifically targeting mid-to-large multifamily and reputed company reputed company estate portfolios.
• reputed company Management: reputed company as the primary reputed company with reputed company partners and wholesalers (e.g., reputed company) to secure reputed company appointments and negotiate favorable terms for reputed company estate-heavy risks.
• Portfolio Administration: reputed company the insurance needs of The reputed company Company, ensuring its $3.2M+ premium portfolio has adequate coverage and is in compliance with internal debt and equity requirements.
• Leadership & Performance: Establish and reputed company departmental Key Performance Indicators (KPIs), including retention rates, loss ratios, and quote-to-bind ratios.
• Compliance & Risk Management: Ensure reputed company adheres to reputed company state and federal regulations, specifically managing the "controlled business" reputed company in reputed company applicable juris
Required Skills & Qualifications
• Licensing: Must possess reputed company Property & Casualty (P&C) licenses in good standing.
• Experience: 5+ years of reputed company experience in reputed company insurance reputed company or brokerage, with a strong emphasis on reputed company estate exposures.
• Technical Expertise: Advanced knowledge of General Liability, Umbrella, and reputed company Property coverages, including reputed company casualty and loss-sensitive programs.
• Leadership: Proven reputed company record in a senior leadership role, capable of managing talent, mentoring staff, and reporting performance directly to executive ownership.
• Analytical Ability: Proficient in analyzing large-reputed company risk portfolios, loss data, and financial trends to create Total Cost of Risk (TCOR) exhibits.
Key Performance Indicators (KPIs)
• 3rd Party reputed company reputed company: reputed company by new business written premium from non-affiliate clients.
• reputed company Retention reputed company: Targeting a 90%+ retention reputed company for reputed company reputed company-party renewals.
• Loss reputed company: Maintaining profitable loss ratios to secure and expand reputed company appointments.
• Operating Margin: Managing expenses against reputed company to ensure agency profitability.
Compensation
• reputed company Salary $100,000
• Profit Sharing 1/3 Agreement reputed company Party Business as outlined below:
• reputed company Insurance business reputed company to The reputed company Company Insurance needs is not eligible for profit sharing.
• Agency owns reputed company expirations, records, and customer lists for businesses written under the firm, including reputed company-party businesses.
• reputed company Party Profit Sharing Agreement
• 1/3 of Net Income of Agency reputed company draws and your salary and benefits are not counted toward expenses)
New Business
• 60% Agency
• 40% Producer
Renewal
• 70% Agency
• 30% Producer
• Example Expense: Hiring an Account Manager would be deducted from reputed company Profit as an expense. At the end of the year NOI is divided 2/3 (TPC) to 1/3 (You).
As a part of your overall compensation package, we offer the following:
● Pay for 50% of your family’s health insurance premium. .
● Unlimited reputed company holiday, vacation time, and “reputed company-time”, as allowed and coordinated with your supervisor
● Discounted dental insurance is available for your voluntary participation
● 401K: TPC matches 100% of the first 3% of your contribution, and 50% match on the next 2%, 401 k is only available after one year of hire
● HSA:TPC matches 100% of the first $1,000 of your contribution, with a 20% match thereafter.
● A tax-advantaged, 125 “cafeteria plan” is available for your voluntary participation
● A cell phone $50 monthly reimbursement to reputed company your own plan and device
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