Old Republic Risk Management (ORRM)is currently seeking an Assistant Vice President (AVP) - Account Executiveresponsible for our Midwest Regionbased out of Chicago, IL. In general, the AVP - Account Executive is a critical role in the organization responsible for marketing and underwriting complex casualty insurance for large corporations. This position reports directly to the President and possesses a significant amount of autonomy and decision-making authority.

DUTIES AND RESPONSIBILITIES:

• Work with Senior Leadership on effective marketing strategies and proactively research trends and changes in the marketplace.
• Market complex primary casualty insurance products to large corporations and their brokers.
• Maintain a book of business including managing the service relationship, annual renewals, and credit risk.
• Calculate and negotiate ceding commissions and other fees with client companies/captives to obtain and renew profitable business.
• Coordinate actuarial and credit reviews to ensure proper security is posted by the clients to avoid uncollectible reimbursements and negative impact on 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 the performance of Old Republic in fulfilling the needs of client companies and ensuring proper operation of the program.
• Coordinate the placement of reinsurance as needed.
• Other duties as assigned.

This position requires a Bachelor's degree and a minimum of ten years of related experience in casualty underwriting, or an equivalent combination of education and experience. In addition, this position requires one to continuously hold a valid driver's license and a motor vehicle operator's record that is considered satisfactory as defined by company and/or corporate procedures.

Working as an AVP - Account Executive requires frequent travel by use of motor vehicles, public transportation, and/or airplanes; a typical week consists of approximately 50% of travel, including local travel. In addition, an AVP - 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, a willingness to learn and ask questions, and the ability to use a variety of office equipment.

• Competitive salary
• 401k Savings & Profit-Sharing Plan, including company match contribution
• Roth investment options
• 529 Education Savings Plan
• Employee Referral Bonus Program

• Health Insurance
• Dental Insurance
• Flexible Spending & Health Savings Account options
• Life Insurance
• Vision Insurance
• Supplement Life Insurance
• Long-Term Disability Insurance
• Paid Leave of Absence Benefits
• Accident & Critical Illness Insurance
• Pet Insurance

• 38.75 hour standard work week
• Hybrid work opportunities available upon completion of training
• Casual business attire
• On-site fitness center (Brookfield Home Office location)
• Generous paid time off (PTO)
• Paid holidays
• Company-sponsored subscription to Calm app
• Volunteer opportunities
• Company-sponsored events and outings

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 committedto maintaining a diverse workplace.

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