Assistant Vice President needed for a well-established Commercial Lines Department in a Torrance, CA agency. Join a collaborative and client focused agency where you’ll be the primary expert for all things Commercial Lines! This role will assist the current VP in the day-to-day operations of the agency, including but not limited to: Managing a book of up to 10 large Commercial clients Assisting top Account Managers with marketing strategies for new and renewal business Step in as Acting Supervis... more details
Assistant Vice President needed for a well-established Commercial Lines Department in a Torrance, CA agency. Join a collaborative and client focused agency where you’ll be the primary expert for all things Commercial Lines! This role will assist the current VP in the day-to-day operations of the agency, including but not limited to:
Managing a book of up to 10 large Commercial clients
Assisting top Account Managers with marketing strategies for new and renewal business
Step in as Acting Supervisor in absence of VP including timecards, PTO approval, and disciplining in accordance to company policy. They will train on this!
Prepare and give presentations to clients to go over coverages, make suggestions, and act as a resource for all things insurance
Coordinate with the VP to implement new policies and procedures
Performance evaluations
Build and maintain relationships with carrier representative, outside vendors, internal staff, clients, and other team members
Analyze loss ratios and coordinate with VP and Loss Control Consultants to develop and implement business plans and strategies for P&C Department to maintain profitability and retention goals
Provide support to Producers by marketing, preparing proposals, and giving presentations
HOURS: Full-Time Hours, Monday to Friday
DURATION: Direct Hire
WORKSITE: Onsite at the Torrance office during training, and hybrid once up and running. Must be willing to come in office 3x per week.
PAY: $130,000 - $160,000/Year depending on experience
BENEFITS: As a valued member of the team, this client offers a comprehensive benefits package, including:
4 medical options, including PPO/HSA with Anthem Blue Cross and HSA with sterling HSA
Employer annual contribution to HSA: $1000 single/$2000 family (pro-rated)
Employee contribution for Medical, Dental, and Vision: 18% for employee only, 35% of dependent premium
Dental: Principal POS plan with $2000 max coverage
Life/AD&D: Flat $20,000 coverage
Voluntary Life: Up to $300,000 coverage
Vision coverage
LTD: 60% up to $6000 monthly benefit
Voluntary benefits available with AFLAC: Cancer, Accident, Critical illness, Hospital, and more
401k with employer matching (eligibility after 1 year of employment)
To be successful in the role, you should meet the following requirements:
Bachelor’s Degree or Insurance Designations with equivalent work experience
Minimum of 10 years, recent, P&C Insurance experience within an independent agency working on mid to large market, generalized risks with premiums averaging $300,000/year+
Strong knowledge of Commercial Lines policies including Workers' Comp, Equipment Breakdown, E&O, D&O, Business Interruption, Product Liability, CL Auto, Umbrella/Excess, General Liability, Property, etc.
Proficiency with AMS 360 & MS Office Suite
Detail oriented and excellent organizational skills
Excellent verbal and written skills
Current CA P&C License
This role may require periodic travel to client and carrier meetings, as well as industry events, which may require the AVP to drive their own vehicle or a rental vehicle. An acceptable Motor Vehicle Report at the time of hire and periodically thereafter along with maintenance of minimum acceptable insurance coverage will be required.
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