Crum & Forster - Morristown, NJ

posted 5 months ago

Full-time - Senior
Morristown, NJ
1,001-5,000 employees
Insurance Carriers and Related Activities

About the position

Crum & Forster (C&F) is seeking a Vice President for their Seneca Inland Marine division. This role is designed for a self-starter with extensive experience in Inland Marine underwriting and operations, particularly in understanding how actuarial and claims processes integrate to assess the profitability of an insurance division. The Vice President will oversee a national team of underwriters, manage account referrals, and market to key producers while focusing on profitability and conflict resolution. The position is hybrid, with primary locations in New Jersey, New York, or Illinois. The Vice President will be responsible for developing and executing a business plan in collaboration with senior management to achieve profitable growth aligned with the company's overall strategy. This includes proactively managing and monitoring results and key metrics to meet set goals. The role requires leading and managing a team of underwriters, coaching and developing staff, and overseeing the performance management process for the profit center. Additionally, the Vice President will handle the referral process, managing risks within their authority and referring those outside of it to senior management as necessary. Building and managing producer relationships and identifying new opportunities within the scope of Inland Marine and related property lines are also key responsibilities. Candidates should possess a deep understanding of the company's products and services, be able to articulate Seneca's value proposition, and participate in training initiatives to enhance their knowledge base. The role may also involve travel up to 33% and other duties as assigned.

Responsibilities

  • Develop and execute a business plan in collaboration with senior management to attain profitable growth in line with the company's overall strategy.
  • Proactively manage and monitor results and key metrics to achieve set goals.
  • Lead and manage a team of underwriters, coaching and developing the staff.
  • Manage the performance management process for this profit center.
  • Handle the referral process for this profit center, managing risks within authority and referring risks outside of authority to senior management as appropriate.
  • Develop and manage producer relationships.
  • Identify and pursue new opportunities within scope.
  • Participate in training and initiatives to develop knowledge base.
  • May participate in projects.

Requirements

  • At least 15 years of professional experience in insurance, both internally and externally.
  • Broad experience in Inland Marine underwriting.
  • Established national broker relationships within Inland Marine/Property lines.
  • Seasoned underwriter with a deep understanding of the insurance industry, including actuarial, claims, and operations.
  • Excellent problem-solving and decision-making skills with the ability to influence others.
  • Strong verbal and written communication skills.
  • Solid customer service and relationship-building skills.
  • Proven team player with a drive to succeed.
  • Excellent organizational and time management skills.
  • Ability to develop new business relationships.
  • Proficiency in Microsoft software applications.
  • College degree or equivalent required; preferably in risk management, engineering, or hard science.
  • CPCU and/or other insurance designations highly desired.

Benefits

  • Flexible work arrangements.
  • Competitive compensation package.
  • Generous 401K employer match.
  • Employee Stock Purchase plan with employer matching.
  • Generous Paid Time Off.
  • Excellent benefits that go beyond health, dental & vision.
  • Wellness programs focusing on physical and mental wellbeing.
  • Tuition reimbursement and support for industry-related certifications and professional training.
  • A dynamic, ambitious, fun, and exciting work environment.
  • Social responsibility initiatives, including a matching donation program and volunteer opportunities.
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