Assistant VP, FPR

The Assistant Vice President – Financial & Professional Risk’s primary function is to provide exceptional, valueadded consultation and customer service to the firm’s clients. This position requires a fundamental understanding of FPR lines of business, client relationship management, insurance broker/insurer processes and an ability to work with internal constituents to achieve positive outcomes for the FPR team and clients. This position is expected to work on all customer segments/industries that comprise Hauser’s client base. The Assistant Vice President for the Financial & Professional Risk team will work with management and professional coverages (D&O, EPL, Fiduciary, Crime, Cyber & Professional Liability).

OBJECTIVES AND ESSENTIAL JOB DUTIES:

Develop and maintain strong relationships/partnerships with clients through the delivery of exceptional, value-added service and consultation. Manage assigned client “book of business”. Foster and maintain positive working relationships with insurers. Support Managing Director’s initiatives. Invest efforts in training/education that support the drive to become a trusted advisor to clients. Mentor, guide and assist in the development of junior staff, as needed. Oversee activities of Risk Analyst(s) assigned to client team. Technically manage FPR insurance coverages for low to high complexity accounts (determined by size of account and/or nature of business). Tactically manage key processes and internal activities to facilitate the execution of the Annual Service Plan with the Hauser team, insurance carriers, and clients. Participate and promote pre and post placement client servicing, including Stewardship Reports, Insurance Renewal Specifications & Quarterly Reviews. Assist clients in defining their objectives and constantly evaluate whether existing programs are accomplishing intended objectives. Verify whether the programs comply with contractual requirements. Analyze the strengths and weaknesses of existing insurance programs considering program design and structure, coverages, limits, and pricing competitiveness. Negotiate with carriers to develop cost-effective options for clients. Advise clients regarding alternative programs as well as additional coverages available in the marketplace. Assist in selecting the carrier that best meets the financial and service requirements of our clients. Prepare proposals and lead discussions with client key leaders and their professional advisors. Review costs, policies, contracts, riders and certificates, employee handbooks, and safety manuals to assist clients when considering policy/coverage changes. Demonstrate effective working knowledge of carrier underwriting practices & processes. Have complete knowledge of the marketplace and assist in identifying and building relationships with those markets that will help facilitate successful placement of accounts. Provide mentoring / training/ support to Analysts to further educate and develop technical skills and insurance competency. In concert with the M&A Transaction Advisory team, provide due diligence for Client’s add-on acquisitions.

KEY COMPETENCIES:

Leadership: Thinks as a long-term owner and championing ideas in the face of challenge. Provides direction, motivation, mentoring and counsel for Consultants and Risk Analysts. Trust Builder: Establishment of strong relationships with clients through listening and providing on-going value-added service. Understand client objectives and partner with them on the achievement of those objectives. Follow through on commitments. Relationship Builder: Demonstrates interpersonal initiative and builds rapport; relates well to people; works hard to preserve relationships. Manages Oneself: Realistically appraises own performance and focuses on constant, measurable improvement; pursues continuous learning and self-development. Implementation/Execution Facilitator: Plan ahead and organize and manage multiple priorities and/or projects by using appropriate methodologies and tools. Strategic Thinker: Introduce new ideas and processes which improve the client’s ability to reach their objectives. Problem Solver: Problem solver in order to bring credible solutions to your clients. Requirements EDUCATION and/or EXPERIENCE: 4+ years of experience in the Financial Lines Insurance industry (D&O, EPL Cyber etc). Exceptional Interpersonal and Communication Skills Customer Service Focus Problem Solving Skills Comprehensive knowledge of Microsoft Word and Excel Bachelor’s Degree of Art or Science Ability to travel up to 35% Candidates residing in the Greater Cincinnati area will be required to work a hybrid schedule. #J-18808-Ljbffr Hauser Inc.