Founded in 1998 and based in Broomfield, Colorado, ICAT is a leading provider of property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States. ICAT draws from highly specialized underwriting expertise and advanced technology tools to offer brokers and their clients market-leading catastrophe coverage. Along with its subsidiary, Boulder Claims, ICAT’s inherent promise to policyholders is to assist people and businesses as they recover from disasters. ICAT programs currently protect over 85,000 homeowners and business owners in catastrophe-exposed regions of the US.
Leading ICAT's distribution strategy for small commercial and personal line products, ICAT is seeking candidates for the following role. This position is also open to being remote.
VP, Sales and Distribution
What can you expect?
- Responsible for the design and execution of the Company’s strategic sales and marketing goals for parts of ICAT’s small commercial and personal lines products.
- Responsible for producer management, driving production from assigned producers and gathering and conveying market research and intelligence.
- Provide underwriting, production, quality and service support to Underwriting leadership.
- Develops and maintains positive agency relationships in assigned territories.
What’s in it for you?
- Flexible, hybrid work schedule, including potential remote working opportunities.
- Culture of collaboration, internal mobility, and valued relationships with internal and external partners.
- Competitive pay with bonus potential, full benefits package, generous 401k match and contribution and vacation days commensurate with experience level.
- Tuition reimbursement and participation in our Employee Stock Purchase plan.
We will count on you to:
- Nurture and grow ICAT’s existing agent base.
- Collaborate effectively, horizontally, and vertically across both ICAT and Victor organizations.
- Responsible for driving new and renewal premium for assigned producers and/or accounts.
- As needed to support team workflow, responsible for underwriting and pricing accounts in accordance with ICAT’s underwriting standards, personal underwriting authority level, and ICAT’s General Agency Agreements (GAA).
- Works with the team to establish regional production budgets and assist in agency development.
- Works with the team to manage regional underwriting results including regional modeled results, spread of risk initiatives, and concentration of risk controls.
- Gathers and reports information through visit reports, team briefings and market updates for the underwriting personnel.
- Maintain knowledge of and support ICAT’s company values and strategic plan.
- Sit or stand and work at a computer keyboard for extended periods of time.
- Work is generally scheduled Monday through Friday with some evening, weekend and holiday hours.
What you need to have:
- A minimum of three years of insurance sales and relationship management experience.
- Bachelor’s Degree in Business, Insurance, or related field or equivalent experience preferred.
- CPCU, CIC, AU, ARM, AU, INS preferred.
- Ability to travel 50%.
- Strong interpersonal and written and communication skills.
- Remote position may be considered.
What makes you stand out?
- Deep and existing insurance agency relationships in areas of the country that ICAT conducts business.
- Prior experience leading new insurance distribution initiatives.
Deadline for applications – October 21, 2024
The applicable base salary range for this role is $81,200 to $173,300. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
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