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Subsidiary President/CEO (Domestic and Int'l)

Role overview

Qualifications

  • Minimum of 20 years of commercial lines underwriting experience
  • BA/BS degree required
  • Prior demonstrated success creating, presenting and executing on a strategy that built profitable and growth-oriented commercial lines underwriting businesses
  • Understands the importance of a strong value proposition and knows how to appropriately leverage niche distribution relationships

Responsibilities

  • Provide leadership and direction to the entire team including underwriting, claims, actuarial, marketing, technology and finance
  • Develop and execute strategies that deliver high risk-adjusted financial returns and growth in favorable situations while managing risk
  • Drive shareholder value through appropriate risk-adjusted returns
  • Ensure the achievement of continued profitability, growth and operational efficiencies through managing the business, underwriting profitability, claims and expenses

Key facts

Other skills

  • Strategic Planning
  • Team Leadership
  • Entrepreneurship
  • Creative Thinking
  • Communication
  • Collaboration
  • Problem Solving

About the company

Berkley logo

Berkley

IT Services & IT Consulting

Berkley Technology Services (BTS) is a dynamic company committed to providing world class IT services. We offer a unique culture, enabling our team members to be on the cutting edge of technology while delivering high quality solutions. We are looking for outstanding individuals who will bring unique perspectives, insight and innovation to our teams. BTS, a member company of W. R. Berkley Corporation, has facilities located in Des Moines, Iowa and Wilmington, Delaware. Our functions include working with various third parties to develop, integrate, and support insurance systems of WRBC's operating units. BTS strives to provide these functions in a holistic manner including helpdesk support, system connectivity, and operational support. Additional responsibilities include coordinating communications regarding best practices in the use of our supported systems and researching new technology. At BTS, there are opportunities associated with being a part of an established and empowering corporation while maintaining a positive personal working environment. Additionally, we provide a competitive compensation and benefits package including a casual dress code. BTS is constantly growing and expanding to meet the changing demands of one of the most successful insurance organizations in the world. If you are ready to jump start your career, BTS is the place for you.

Company details

Company typeSME
IndustryIT Services & IT Consulting
Company size201 - 500

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Job description

Company Details:

WRBC_logo_Update

"Our Company provides a state of predictability which allows brokers and agents to act with confidence."

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

Today, the Berkley brand comprises more than 60+ businesses worldwide and is divided into two segments: Insurance and Reinsurance & Monoline Excess. 

 

The company is an equal employment opportunity employer.

Responsibilities:

The President is responsible for the successful management of virtually all aspects of the specific “stand alone” Operating Unit.  S/he provides leadership and direction to the entire team including dedicated underwriting, claims, actuarial, marketing, technology and finance and is expected to develop and execute strategies that deliver high risk-adjusted financial returns and growth in favorable situations while managing risk.  S/he understands, is passionate about and serves as role model for the core cultural norms of W. R. Berkley Corporation including dedication to integrity, honesty and the highest level of business ethics.  Key functions include, but are not limited to:

  • Drive shareholder value through appropriate risk-adjusted returns.
  • Leverage the successful attributes of the Berkley Company while developing new strategies to further the Company’s growth and profitability.
  • Assess the organizational structure and hiring requirements to align with both the current and future needs of the business.
  • Report regularly to the EVP and more formally on a quarterly basis to parent company CEO and President, Chief Financial Officer, and its Chief Actuary.
  • Set and drive strategic and operational objectives towards achievable short-term successes while making progress towards long-term goals.
  • Continually monitor objectives for financial returns, risk management, marketing and competitive advantages.
  • Position the Company within the market as preferred partner.
  • Inspire the team to be creative when leveraging their knowledge of the business and engage in exploring and experimenting with the opportunities for the business in the future.
  • Drive underwriting excellence through a high level of engagement in the business, data and analytics, and regular communication throughout the Company.
  • Ensure the achievement of continued profitability, growth and operational efficiencies through managing the business, underwriting profitability, claims and expenses.
  • Create a culture consistent within the greater organization for teams that excel in their industry knowledge, take pride in their ownership of the business and strive for delivering value to their stakeholders.
  • Must be willing to work from the Operating Unit headquarters office on a daily basis.
Qualifications:
  • Minimum of 20 years of commercial lines underwriting experience.
  • BA/BS degree required
  • Prior demonstrated success creating, presenting and executing on a strategy that built profitable and growth-oriented commercial lines underwriting businesses.
  • Understands the importance of a strong value proposition and knows how to appropriately leverage niche distribution relationships.
  • Possesses a sharp, rigorous thought process and can effectively translate vision creating logical connections for others between the dynamics of market realities, goals, strategy, tactics and results.
  • Demonstrated success in getting groups to work together, expecting others to be responsible for their actions and moving teams from current to future state capitalizing on innovation.  
  • A self-starter who thrives in results-oriented and entrepreneurial environments.
  • A non-political player who can by virtue of background, experience and approach be immediately credible with both internal and external constituents including industry peers, distribution networks, brokers and customers
  • Naturally competitive externally while being collaborative internally and whose words, tone and actions will set the bar for others to follow.
  • Track record of being highly attentive to operational and financial details, well organized and a disciplined planner with solid communication skills.
  • Able to effectively listen and then drive for efficiency of decision making vs. creating bureaucracy.
  • An entrepreneurial mindset with a strong balance of both strategic and operating skills.
Additional Company Details: We do not accept any unsolicited resumes from external recruiting agencies or firms. Sponsorship Details: Sponsorship not Offered for this Role

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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