Senior Vice President, Cyber & Technology, Insurance Capital Solutions

Senior Vice President, Cyber & Technology, Insurance Capital Solutions

125 S Wacker Dr, Suite 3150, Chicago, IL 60606

Job Location:

• New York, NY, or Chicago, IL,

Job Summary:

Support the placement of cyber and technology E&O insurance products for large, complex public and private companies, non-profit organizations and professional service firms. This individual will be responsible for designing and executing the placement strategy for cyber and technology insurance products. This will include reviewing and evaluating coverage and negotiating with markets to receive the best terms, conditions, coverage and pricing for the client.

Responsibilities:

• Identify, analyze, and quantify risk exposures for clients/prospects and recommend appropriate insurance products and service requirements.
• Create and submit renewal specifications to the marketplace and consult with clients in the development of underwriting materials for submission to markets.
• Negotiate policy terms, conditions, and premiums.
• Create necessary client deliverable documents throughout renewal timeline process.
• Present marketing results to clients.
• Review quotes, binders, policies and endorsements for accuracy and transmit to clients.
• Support investigation and efforts to resolve policy and/or claims issues between insured and insurer.
• Ensure service of clients' daily account needs are met; this may include insurance requirement responses, certificate requests, and midterm coverage questions or policy needs.
• Develop and maintain productive business relationships with key insurance underwriters.
• Assist with special projects and client requests.
• Produce renewal strategy, renewal presentation and stewardship reports.
• Contribute to winning prospect opportunities, including preparation of capabilities presentations, written RFP responses and oral presentations.

Qualifications:

• Bachelor's Degree; advanced degree a plus.
• Minimum of 8 years of experience in the insurance industry with client service experience specific to large account cyber and technology insurance products.
• Service team experience, including experience negotiating with insurance markets and presenting to clients.
• Experience working with an agency management system such as Sagitta or Salesforce.
• Proficiency in Microsoft Office Software (Word, Excel, PowerPoint and Outlook) and Adobe.
• Hold appropriate Broker's License(s) or be able to obtain one within 3 months of employment.

COMPENSATION:

The national average salary for this role is $ - $ in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications and education, while also considering internal equity and market data.

WHY EPIC:

EPIC has over 60 offices and 3,000 employees nationwide – and we’re growing! It’s a great time to join the team and be a part of this growth. We offer:

• Generous Paid Time off
  • Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days
• Generous leave time options:
  Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
• Generous employee referral bonus program of $1,500 per hired referral
• Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
• Employee Resource Groups:
  Women’s Coalition, EPIC Veterans Group
• Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
• 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!
• EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
• We’re in the top 10 of…