Assistant Vice President - Account Executive
Company: Old Republic Risk Management
Posted on: March 17, 2023
Position at Old Republic Risk Management
Old Republic Risk Management (ORRM) is currently seeking an
Assistant Vice President - Account Executive responsible for our
South Central region based out of Irving, TX. ORRM provides primary
casualty insurance products to corporate and group insureds with
complex risks. A pioneer in the alternative risk market since 1985,
ORRM delivers innovative solutions and services that offer
unparalleled flexibility in insurance program design and
structure.In general, the Assistant Vice President - Account
Executive markets and underwrites complex casualty insurance for
large corporations.Essential duties for the role are as
- Work with Senior Leadership on effective marketing strategies
proactively researching trends and changes in the marketplace.
- Market complex primary casualty insurance products for large
corporations to those corporations and their brokers.
- Maintain a book of current business including managing the
service relationship, annual renewals and credit risk.
- Calculate and negotiate ceding commission and other fees with
client companies/captives to obtain and renew profitable
- Coordinate actuarial and credit reviews to ensure proper
security is posted by the clients to avoid uncollectible
reimbursements and negative impact to statutory surplus.
- Develop, negotiate, and implement all contracts with client
companies to properly reflect program structure while safeguarding
the security of Old Republic.
- Implement, service, and monitor performance of Old Republic in
fulfilling the needs of client companies and assuring proper
operation of program.
- Coordinate the placement of reinsurance as needed.This position
requires a bachelor's degree, or equivalent, and a minimum of ten
years related experience in casualty underwriting, or an equivalent
combination of education and experience.Working as an Account
Executive requires frequent travel by use of motor vehicle, public
transportation, and/or airplane. In addition, an Account Executive
must be able to work independently and effectively within a
fast-paced environment. Proficiency with Microsoft (MS) Windows and
Office products is necessary. This position also requires
proficiency in the use of computer systems. Other skills necessary
include excellent oral and written communication skills, accurate
proofreading skills, the ability to maintain accurate records, the
ability to exercise discretion with confidential information,
excellent organizational skills, strong attention to detail, and
the ability to use a variety of office equipment.At Old Republic
Risk Management, we look for bright, passionate individuals who
share our values and quest for success and offer them the support
and flexibility to grow to be their best at work, at home, and in
the communities in which they live. We offer all of this in an
open-door, collaborative workplace that encourages and rewards
team-work and individual contributions. Learn more about our
company by watching this video! For more about our outstanding
benefits and culture, please visit our website.Interested? Click
'apply' and follow some very simple steps to get your resume in
front of the Talent Acquisition team.Old Republic Risk Management
is an Equal Opportunity Employer and is committed to maintaining a
Keywords: Old Republic Risk Management, Irving , Assistant Vice President - Account Executive, Executive , Irving, Texas
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