Executive Director of Insurance Operations
4 days ago
The Executive Director of Insurance Operations will be responsible for providing strategic leadership and direction to the insurance offices throughout the Mid-Atlantic area, including DC, Virginia, Maryland, Pennsylvania, and additional areas as they are added.
Key Responsibilities:- Provide strategic vision and effective leadership, guiding teams toward achieving business objectives.
- Oversee day-to-day operations for multiple agency locations, ensuring compliance with industry regulations, company policies, and ethical standards.
- Develop and execute strategies to expand the agency's market presence, increase sales, and drive business growth.
- Identify and pursue new business opportunities, partnerships, and potential clients to enhance revenue streams.
- Establish and nurture relationships with key stakeholders, including clients, insurers, and industry professionals.
- Address complex client inquiries and negotiate insurance policies, ensuring client satisfaction and retention.
- Partner with Shared Services to achieve maximum efficiency and success.
- Develop and manage the agency's budget, overseeing financial performance and ensuring targets are met.
- Analyze financial reports, market trends, and performance metrics to make informed decisions for the agency's financial health.
- Ensure the agency operates in compliance with insurance regulations, laws, and industry standards.
- Prospect for potential acquisition opportunities within the area and your network.
- Collaborate with leaders in the PCF network to drive growth and meet key objectives.
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field.
- Proven experience (5+ years) in a leadership role within an insurance brokerage agency or a related field.
- Strong knowledge of insurance operations, market trends, and financial management within the insurance sector.
- Excellent leadership, communication, and negotiation skills to effectively lead and manage a team.
- Proficiency in industry-specific software and tools.
- Preferred Qualifications:
- Relevant certifications or licenses in the insurance industry (e.g., Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), etc.).
- Experience with AMS 360, Salesforce.
- Demonstrated success in business development, client relationship management, and achieving financial targets.
- Competitive salary: ~$150,000 plus bonus.
- Full-time position with a hybrid schedule (50% travel).
- Medical, vision, and life insurance.
- Flexible paid time off.
- 401K plan.
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