Director of Carrier Strategy - Superior Insurance Partners LLC
Chicago, IL
About the Job
Superior Insurance Partners is a rapidly growing insurance brokerage platform, focused primarily on providing commercial lines, personal lines, and employee benefit solutions to companies and individuals. Superior acquires and partners with leading independent insurance agencies primarily in the Midwest and Eastern US. The company's mission is to improve the lives of its agency partners. Superior does this by creating a highly tailored plan for each of its agency partners to help them achieve their goals, and providing customized resources including accounting/finance, recruiting, HR, AMS/IT, marketing, and M&A support. Agency partners are aligned through long-term economic incentives while leveraging the benefits of best practices, scale, and resources across Superior's shared platform.
Superior is backed by Tyree & D'Angelo Partners ("TDP"), a leading Chicago-based private equity firm that makes control ownership investments in, and partners with, lower middle market businesses with the goal of creating meaningful value for all involved. TDP is currently investing out of its third fund and has managed and created over $3 billion of capital and company enterprise value. TDP has significant experience investing in service businesses and has completed over 1000 investment partnerships in its history.
Are you a skilled communicator with a passion for fostering strong relationships and ensuring smooth operations within the insurance industry? Join our team Superior Insurance Partners as Director of Carrier Strategy. In this role, you'll serve as the primary point of contact between our brokerage and insurance carriers, facilitating effective communication and collaboration. Your expertise in navigating carrier relationships will be instrumental in securing competitive rates, resolving issues, and optimizing our insurance offerings. If you're adept at building rapport, possess a keen eye for detail, and thrive in a collaborative environment, we invite you to apply and contribute to our mission of delivering exceptional insurance solutions.
How will you affect the business?
- Establishing Carrier Relationships: Develop and nurture strong relationships with insurance carriers to ensure that our clients have access to the best coverage options available in the market.
- Facilitating Smooth Insurance Carrier Transactions: Serve as the primary point of contact between our brokerage and insurance carriers, facilitating smooth transactions and resolving any issues or concerns that may arise.
- Proactive Communication: Keep our team informed of any updates, changes, or opportunities provided by insurance carriers, ensuring that we can provide timely and accurate information to our clients.
- Analyzing Production and Loss Ratios: Utilize analytical tools and software to conduct in-depth analyses of production and loss ratios, providing valuable insights to our team and clients.
- Maintaining Data Integrity: Regularly update and maintain our database with accurate information regarding insurance carriers, policies, and contacts to ensure data integrity and accessibility.
- Supporting Producers and Staff: Act as a resource for producers and staff members, providing guidance and assistance on insurance carrier-related questions and inquiries.
- Collaborating on Strategic Initiatives: Collaborate with team leaders to develop and implement strategic initiatives aimed at maximizing our partnerships with insurance carriers and expanding our market presence.
What will make you successful?
- Strong communication and interpersonal skills, with the ability to build and maintain relationships with key stakeholders.
- Experience working with contingencies.
- Analytical mindset with proficiency in Microsoft Excel and other analytical tools.
- Exceptional organizational skills and attention to detail.
- Proactive attitude with the ability to work independently and as part of a team.
- A commitment to delivering exceptional service and value to our clients and partners.
Requirements:
- Bachelor's degree or equivalent experience.
- Previous experience in the insurance industry, particularly in a carrier liaison or similar role.