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VP - Business Development

  • Location:

    Georgia

  • Sector:

    Life Insurance

  • Job type:

    Permanent

  • Salary:

    US$125000 - US$130000 per annum + Bonus

  • Contact:

    Cem Goksungur

  • Contact email:

    Cem.Goksungur@oliverjames.com

  • Job ref:

    JOB-052024-248757_1716988061

  • Published:

    14 days ago

  • Expiry date:

    2024-06-28

  • Startdate:

    ASAP

Position: Vice President - Business Development

Location: Atlanta, GA

Insurance Discipline: Property & Casualty

Reports to: CEO & CFO

FSLA Status: Exempt

Salary: $125k-$130k + Bonus

Summary: Responsible for the marketing of new and current insurance products to general agents who have expertise in a line of business with significant volume and profitability and maintaining strong company-agent relationships and service.

Essential Duties and Responsibilities:

  • Identifies and properly qualifies business opportunities and agents.
  • Develops and maintains relationships with decision makers and staff of target and client agencies.
  • Presents our companies and programs to decision makers in target agencies.
  • Negotiates terms of contracts.
  • Coordinates with company staff and outside service providers for the writing and issuance of agency agreements; company licensing for the line of business being written; rate, rules and forms filings for the product being written.
  • Coordinates with Underwriting and IT Departments to set up accounts on company systems and establish working relationships between those departments and the client agency.
  • Takes corrective actions to ensure satisfactory profit/loss ratios.
  • Troubleshoots any problems that arise between various company departments and agent.
  • Monitors competitor products, marketing activities, and market experiences.
  • Represents company at trade association events.
  • Travels and works beyond normal business hours as required.
  • Coordinates with reinsurers regarding pricing for potential and existing programs.

Knowledge, Skills and Abilities:

  • Extensive knowledge of the property and casualty insurance business and products.
  • Experience marketing insurance products to agents.
  • Excellent oral and written communication skills.
  • Understanding of financial statements.

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