VP, Operations Strategy Officer - Berkley : Job Details

Company Details:

From middle market to Fortune 500 companies, our Excess Casualty team is committed to providing excellent service and a consistent approach to meet the needs of our brokers and their customers.

We seek to outperform our competitors with a focus on understanding clients priorities and developing creative risk solutions to meet their long-term needs. Our key differentiators include the following:

EXCLUSIVE WHOLESALE MARKET We are committed to the wholesale brokerage community and continually build upon long established relationships with a passion for superior service for our appointed producers.

OUR PROFESSIONALS We attract and retain professionals with significant excess insurance experience, many over 25 years, with a culture that promotes integrity, excellence and respect.

LONG-TERM APPROACH TO ACCOUNTS We continually seek partners for the long term who share our values and our risk management discipline.

Long-term relationships have been our managements trademark in over 30 years of serving customers in the Excess & Surplus marketplace. Our team is dedicated to serving the varied casualty exposure needs of our brokers and their customers. By truly understanding your risk exposures in a constantly changing global environment, we can better work with you to keep risk placement recommendations current and responsive.

The Company is an equal opportunity employer.

Responsibilities:

The VP, Operations Strategy Officer is responsible for developing and implementing metrics to help guide the overall vision and mission of the company. The Operations Strategy Officer focuses on the individuals ability to conceptualize and formulate strategic initiatives that further that mission and making sure that the day-to-day activities of the company support those initiatives. The Operations Strategy Officer works closely with the companys Executive Management to flesh out the short and long-term goals and make sure the companys output falls in line with those goals.

The expectation is for the Operations Strategy Officer to assume ultimate responsibility for the companys ceded internal reinsurance process. This would involve coordination and cooperation with all relevant partners: company functional areas, external reinsurance brokers, reinsurers, and, most importantly, with Ceded Reinsurance in WRB Greenwich. Multiple tasks would include:

• Actuarial, Underwriting and Claims Information required for actuarial analyses and reinsurance treaty submissions.
• Scheduling of any Reinsurance Claims and Underwriting audits.
• Preparing and Participating at all external reinsurance meetings and calls.
• Responding to reinsurers on all relevant Underwriting and Claims inquiries.
• Collaborates with senior management to devise effective short- and long-term plans.
• Creates actionable goals that make it possible to turn that mission into tangible results.
• Initial focus will be on the Claims Operations which will expand to all other functional areas.
• Reinsurance reporting for our internal Corporate and external treaties for all portfolios which involves working with all other Functional Units, particularly Claims, Finance and Actuarial.

Claims Project Areas of Focus:

• Using information out of the Claims System to develop metrics to enhance the process for claims professionals and support staff.
• Identify trends in our claims data to help underwriters in pricing and address problems before they become disasters.
• Implement predictive analytic tools to assist in the claims process; Outlier Claims, Reserve and Settlement Values, Defense Strategy, Litigation Expense Management, Subrogation Potential
• Communicates the companys official stance on its mission to external sources and internally to all personnel.
• Discovers ways to increase revenue by eliminating wasteful practices and expediting product delivery.
• Leads and supports management in application and implementation of new policies and procedures.
• Ensures compliance with all relevant laws, policies, and regulations.
• Articulates the companys mission concisely that can speak to customers and employees at all levels.

Qualifications:

• Bachelor's degree in management, business administration, finance, or marketing required.
• Must have at least 10 years experience in strategic planning, business management, corporate leadership, and financial decision-making.
• Demonstrated proficiency in analytical research, leadership, and strategic planning.
• Possess exceptional creativity and problem-solving skills.
• Strong working knowledge of management strategies, financial accounting, human resource planning, customer relations, and implementation of new technologies.
• Comfortable with public speaking and communicating both verbally and in writing.
• Ability to multitask with research projects, data analysis, coordination with the executive team.
• Willing to challenge the standard thinking with new ideas, new approaches, and new solutions.
• Strong decision-making skills and the determination to see projects through to the end.
• Demonstrated skills in leadership, management, and collaboration.
• Self-directed and able to work independently.

Additional Company Details: We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. Sponsorship Details: Sponsorship not Offered for this Role