Regional Vice President

Regional Vice President

Eastern Regional Office

Hauppauge, New York

Merchants Insurance Group, is a leading Property and Casualty Insurer in the Northeast, and is looking for an experienced Regional Vice Presidentfor our Hauppauge, New York, Regional office.

The Regional Vice President is a member of the Regional and Corporate Leadership Team, and is responsible for leading, directing and achieving assigned goals for the Hauppauge, New York Regional office. Ultimately the Regional Vice President is responsible for Profitable Policy and Premium Growth in the Eastern Regional Office. This position interacts extensively with internal colleagues, Company leadership, and our Independent Agency Partners.

Merchants Insurance Group is proud to be named one of Buffalo Business First’s 2023 Best Places to Work in Western New York, and to be named both a “Fast Track” company and Top Private Company for the 5th year in a row by Buffalo’s Business First. Merchants has also been named as one of Ward's top 50 performing insurance companies in the United States for the 3rd year in a row. Ward's is the provider of benchmarking and best practices for the insurance industry. They analyze staff levels, compensation, business practices and expenses for all areas of company operations.

Merchants offers its colleagues a Hybrid work schedule. The Hybrid work schedule requires 8 days per month in the office, with the option to work the remaining days at home or in the office. This exciting Hybrid Work benefit offers colleagues a flexible work schedule with the ability to remain connected with their Merchants team and colleagues.

Essential Duties and Responsibilities include, but are not limited to:

• Achieve targeted underwriting profit in the regional office through effective management of agents, underwriting selection of risk, pricing of exposures and processing of applicants, endorsements and other transactions.
• Implement Agency Management initiatives and strategic plans to achieve premium and profit objectives.
• Meet or exceed premium growth objectives in the target lines of business and classes of risk.
• Achieve regional loss ratio and production goals for commercial lines of business.
• Achieve Regional Budget and Leadership/Organizational development. Produce positive budget results, develop strong interpersonal relationships and deliver excellent service while building a strong team that is highly engaged and customer focused.

Qualifications & Skills:

• Qualified candidates will have a 4 year degree or equivalent work experience.
• Professional Insurance Education (CPCU) or advanced education (MBA) is desired.
• A minimum of 8 years technical underwriting and sales experience.
• Prior management or supervisory experience with the ability to mentor and develop a staff of insurance professionals.
• Extensive commercial product knowledge; ability to contribute to product development.
• Knowledge of New York Insurance Regulations and Markets is required.
• Established relationships with New York Independent Agents is desired.
• Excellent verbal and written communication skills.
• The ability to develop and deliver meaningful presentations to large audiences.
• Proven ability to stay focused on multiple tasks and to effectively and efficiently achieve the desired goals and deadlines.
• The ability to travel up to 50% of the time to meet with agency partners, conduct sales meetings, and develop customer relationships.
• A valid driver’s license is required.
• Microsoft Office knowledge as well as the ability to work with internal company systems (WINS, ImageRight, SharePoint, etc.).

Merchants Insurance Group Pay information:

Merchants Insurance Group offers a competitive pay scale. The actual compensation will be determined based upon experience and other factors permitted by law. The pay range for this position is $176,440 - $265,000.

Merchants Insurance Group Benefits:

• Welcoming and positive work environment.
• Colleague Appreciation events.
• Flexible work arrangements, including flex scheduling and summer hours.
• Hybrid work schedule. The Hybrid work schedule will require 8 full days per month in the office, with the option to work the remaining days per month at home or in the office
• Flexible work arrangements, including flex scheduling and summer hours.
• Competitive pay scale.
• Generous paid time off package.
• Full Benefits: Health, Dental, Vision, Life Insurance, Short Term Disability, 401(k) employer match amount is 100% up to 6% of your annual contributions. You are immediately 100% vested in the employer match dollars.
• Outstanding company bonus program.
• Tuition Reimbursement.

And many more exciting company benefits!! EOE

Experience

• 8 year(s): A minimum of 8 years technical underwriting and sales experience.