Regional Vice President, Construction, West

Regional Vice President, Construction, West page is loaded## Regional Vice President, Construction, Westlocations: Brea, CA: Greenwood Village, CO: Los Angeles, CAtime type: Make your application after reading the following skill and qualification requirements for this position.
- UQ05XEWe’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.
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The Regional Vice President (RVP) Construction Field Underwriting for the West MLC region reports to Head of MLC (Middle Large Commercial) Construction and directs underwriting management and execution of the strategic and operating plans within their respective territory and provides management to 3 Managing Directors who oversee guaranteed cost, construction underwriters, and direct management of Loss Sensitive, Wrap Up and Excess field underwriters.
The position is accountable for the profit and production of the Middle Market Construction business in their region including guaranteed cost, loss sensitive, wrap up, and excess construction P&L.
Marketing and cross sell support for the Contractors Pollution and Professional Indemnity (CPPI) and construction related marine business is also important.
This position collaborates with multiple Division and Regional Office leadership teams to direct a team of dedicated construction professionals to drive profitable business for The Hartford, acting as a liaison with field leadership to ensure clear communication and accountability.
The position is charged with creating an environment that supports and motivates team members to develop expert technical, sales, underwriting and customer service skills with the goal of increasing the penetration of existing agency relationships and building new agency relationships within the aligned market.RESPONSIBILITIES:The RVP Construction Field Underwriting is responsible for managing a team of underwriters, in addition to managing 2 Managing Directors (and 1 indirectly) who will assist in managing the territory and staff.Sales/Territory Management:
* Manages the profit and production of a book of construction business for Guaranteed Cost, Loss Sensitive, Wrap Up, and Excess Construction P&L.
* Oversees Construction and MLC/HIG cross sell efforts for the following states:
**Responsible for risk selection and participation in referrals on Loss Sensitive, Wrap and larger more complex guaranteed cost accounts.
* Builds strong, distinctive strategic partnerships with key Construction agents, brokers and clients.
Directs and manages team performance to ensure consistent practice of sales excellence discipline.
* Actively manages the flow and mix of business to ensure that short-term and long-term financial outcomes are optimized.Ensures staff continuity for key positions by anticipating and planning for future staffing needs.
Effectively manages staff through active performance management, implementation of a meaningful development process; builds a strong team which fosters collaboration, open dialogue and involves them in critical decision making and planning activities.Underwriting Operations:
* Partners with Construction Underwriting Officers to establish book vision, appetite and monitor pricing, book mix and production.
* Ensures that underwriting practices and guidelines are understood and adhered to, specifically focusing upon pricing, risk selection, mix of business, flow management and quality analysis.
Utilizes QA and referral programs to identify opportunities to develop staff to ensure functional and regulatory integrity of the book of business and overall compliance with segment guidelines.Closely manages plan results and directs implementation of specific actions to address financial shortfalls.
Responsible for collaborating with Division and Regional Office leadership for agency management of top partners.Experience and understanding of OCIPs, CCIPs, CPPI, Builders Risk, RRP and OCP required
* 10+ years of underwriting Loss Sensitive and Guaranteed Cost territorial experience of which 5+ years in a leadership/management role.
* Solid financial/business acumen skills
* Ability to learn/navigate internal computer systems
* Experience with Microsoft computer package
* Ability to travel extensively, 25-50%
* Must be in office two to three days per week (depending on travel) Locations of offices includes (Los Angeles, BREA, Walnut Creek, Denver, Seattle, Phoenix)
**The listed annualized base pay range is primarily based on analysis of similar positions in the external market.
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role.
Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.
276,000Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age | | |