VP, Broker - Financial Institutions Group (Toronto)

VP, Broker - Financial Institutions Group (Toronto)

24 Sep
|
Aon
|
Toronto

24 Sep

Aon

Toronto

Who We Are NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.

NFP is looking for an individual to join our Financial Lines and Management Liability team for the US. This person is responsible for broking new and renewal business, handling all aspects of the placements from initial market selection through policy delivery to client. The VP, Broker typically focuses on the largest and most complex placements, while serving in a leadership capacity to mentor and develop staff while cultivating strong insurer and insurer-client-broker relationships.

What You'll Be Doing

Proactively coordinate and handle broking around the renewal cycle in accordance to NFP’s service model standards and timelines

Demonstrate exceptional negotiation skills – capable of interacting with audiences of various seniority within client, carrier, wholesale and specialty organizations; effectively manage difficult scenarios and collaborate with Broking Team Leader on alternatives and solutions

Complete client/prospect placements demonstrating an unmistakable command of the risk to be placed and a clear focus on driving the optimal outcome in both financial and non-financial terms

Collaborate with team and client to ensure complete and timely submissions, respond to carrier queries, compile and analyze carrier quote proposals, and present clients with a transparent summary of the marketing process and a proposal with recommendations





Develop creative solutions to effectively address difficult placement scenarios; lead the process and drive outcomes to enhance customer satisfaction around key deliverables

Lead team members in preparation of proposal presentations for existing and prospective clients

Support team members in responding to client queries and concerns to resolve issues promptly

Prepare detailed and complex coverage and policy comparisons, diagnostics, consolidated coverage/policy analyses, letters, and reports under the direction of the Broking Team Leader

Develop strong, productive, trustful and resilient relationships with carrier and wholesale partners and their staff, NFP local office teams and NFP Producer teams nationwide

Provide oversight and ensure the accuracy of client and policy information in NFP’s Epic agency management system

Drive deployment of data and analytics to provide meaningful program insight for clients and the broking team

Develop differentiated client services through a thoughtful and sound execution of the client stewardship process that enhances the quality of client relationships

Lead by example in completing NFP’s broking strategies, including strategic carriers, panels, and preferred wholesaler utilization

Build and maintain detailed knowledge of insurance marketplace, products and services

Who You Are

Excellent leadership and portfolio management skills

Excellent written and verbal communication skills





Sound understanding of broker operating fundamentals and financials

Excellent organizational skills with ability to adjust to changing workload, work complexity and priorities

Ability to work collaboratively as a key team member and coach to junior team members

Strong attention to detail with strong analytical skills, both quantitative and qualitative

Proven technical competency and creativity demonstrating excellence in creating and delivering innovative property and casualty solutions

Proficient in Microsoft Office Suite

Experience with Epic (AMS) a plus

Education And/or Experience

Bachelor’s degree or equivalent experience

Minimum seven years insurance experience

Team leadership experience a plus

Certificates, Licenses, Registration

P&C; License required or obtained within 90 days of employment

Advanced industry designation(s) (e.g. CPCU, CIC, ARM) preferred

What We Offer We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.

The base salary range for this position is $150,000 – $170,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

NFP and You... Better together! NFP is an inclusive Equal Employment Opportunity employer.

2587827

📌 VP, Broker - Financial Institutions Group (Toronto)
🏢 Aon
📍 Toronto

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