Senior VP / VP Management, Cyber & Professional Liability (MCPL)

at  NFP Corp

Business Line: Complex Risk Solution Group
Hours Per Week: 35 (Full-Time)
Location: Canada– Any, Hybrid (https://www.nfp.ca/about-nfp/find-an-office)
Job Duration: Full-Time, Permanent

WHO WE ARE

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. 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.

COMPLEX RISK SOLUTIONS GROUP – CREATED WITH PURPOSE

NFP’s Complex Risk Solutions (CRS) Group formed to offer customized solutions for large and complex risk clients that require true expertise, client focus, and creative thought leadership. Since January 2021, the CRS Group has grown to a team of 40+ colleagues, 4 locations, and over 40 clients bringing USD700M+ premium to the market.

• A highly experienced and multidisciplinary team including experienced Brokers, Client Service, Loss Control Engineers, Captive Support, Risk Management, Analytics and Claims Professionals including Adjusters & Policy Experts
• One P & L, offering a culture of teamwork and eliminating silos
• Strategic solution providers
• Partners and extensions of our clients
• Direct access to senior leadership team
• High staff-to-client ratio

WHAT YOU’LL DO

You will lead our team of executive risk advisors help protect individuals and their respective organizations from material exposures which exist in the public and private sectors. Our experts are equipped with the tools and knowledge which allow them to effectively assess and transfer risk on behalf of sophisticated global clients with operations across all industries. Our organization creates an environment conducive to career growth and development driven by collaboration and exceptional client service.

The National Management & Cyber Professional Lines Practice (MCPL) have the need for a Senior Vice President/Vice President to expand the service model in this segment, assess client needs, design solutions, train colleagues and negotiate with insurance carriers to obtain coverage that is in a client’s best interests.

• Lead the National MCPL Practice in designing and building out a Canada wide-management, cyber and professional lines group and service model.
• Deliver solutions in support of existing and prospective clients on a national basis.
• Establish portfolio relationships and proprietary NFP D&O wordings with key Insurer partners
• Manage a Cross-Canada portfolio of renewal business pertaining to management lines for key accounts - D&O, Cyber, Crime, Fiduciary, Crime, Employment Practices, E&O.
• Liaise with NFP producers and client teams across Canada to deliver subject matter expertise and risk-transfer solutions to clients. Travel to NFP offices may be required.
• Formulate and present renewal strategy presentations directly to client teams or clients.
• Create high quality market submissions and negotiate insurance programs with underwriters.
• Compare, contrast, and assess insurance quotes, terms and conditions.
• Educate, train, and advise junior MCPL staff, NFP producers and client advocates on MCPL product lines & wordings
• Support new CRSG business presentations and advisory to prospects.
• Establish and maintain effective working relationships with underwriters, clients and client teams.
• Actively participate in internal training initiatives and continuing education.
• Collaborate with both Canadian and North American MCPL Practice for the purpose of resource sharing and consistent client delivery.
• Network and represent NFP at industry wide events (some travel may be required).
• Provide current account placement updates to the Managing Director on an ongoing basis
• Have/Obtain broker licensing in Ontario (RIBO) as well as other licenses across Canada