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President- Republic Indemnity

Company: Summit Consulting
Location: Calabasas
Posted on: November 20, 2023

Job Description:

President- Republic Indemnity page is loaded President- Republic Indemnity Apply locations Calabasas, CA (USA) time type Full time posted on Posted 12 Days Ago job requisition id R4816 Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. At Republic Indemnity we market workers' compensation insurance to a variety of clients primarily in California and the western United States. With a commitment to strong results and extraordinary service, there are always opportunities to learn and grow.We are a member of Great American Insurance Group and a subsidiary of American Financial Group . We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations, there are always opportunities here to learn and grow. At Great American and Republic Indemnity, we value the unique perspective each of our employees bring to the workplace. We know that when people with different cultures, backgrounds and experiences work collaboratively, we can exceed our business objectives. We are dedicated to attracting, developing and retaining a diverse workforce that fosters creativity and enables our ongoing success. At Republic Indemnity, a member of Great American Insurance Group, workers' compensation is our expertise. We have been helping small and mid-size businesses in the western U.S. manage their Workers' Compensation costs for over 50 years. We provide innovative solutions, and we build strong relationships with our independent insurance agents and brokers, who write our business and are critical to our success. - Republic Indemnity is headquartered in Calabasas, California and has additional offices in San Francisco and San Diego and writes workers compensation business in the following states: CA, AK, AZ, NM, CO, TX, UT, MT, OR, ID, KS, MO and NV. - We seek an entrepreneurial, driven, results-oriented leader to serve as President of our Republic Indemnity subsidiary. The President is responsible for leading Republic Indemnity's strategy and achieving business plan with accountability for both profitability and performance objectives. This role is responsible for all aspects of the business including underwriting, pricing, claims, business development, finance, operations, and people leadership. The position will report to Jason Cohen, Senior Vice President, Great American Insurance Group.Key ResponsibilitiesThe key responsibilities of the position are as follows:

  • Establishes business strategies with a long-term focus (typically 3-5 years) with accountability for the profit, growth, and overall results for Republic Indemnity. Provides leadership and direction to underwriting, claims, marketing, technology, business development and additional shared service functions.
  • Maintains profit and loss responsibility for the subsidiary which includes:
    • Manages the selection, underwriting and pricing of risks including those of a complex nature.
    • Develops strong working relationships with target brokers and assigned agencies.
    • Evaluates company and industry rate, form, and coverage changes.
    • Provides marketing guidance by actively monitoring underwriting results of brokers and agents.
    • Drives underwriting excellence through a high level of engagement in the business.
    • Develops and drives business objectives and long-term strategic plan.
    • Ensures profitability, growth, and operational efficiencies through managing the business underwriting profitability. The ideal candidate will possess the following key competencies and characteristics: Industry Experience
      • 15+ years of workers compensation experience including prior managerial and departmental P&L responsibility.
      • Claim and underwriting management/oversight experience preferred.
      • Proven career track record of success. Collaborative Business Relationships
        • Ability to partner with senior management as well as shared services (Actuarial/IT/Compliance/Marketing) to achieve business outcomes.
        • Uses a consultative approach to working with people.
        • Ability to be an active participant in visioning and problem-solving processes. Leadership Skills
          • Experience managing employees (10+ years preferred) to achieving successful business outcomes.
          • Ability to clearly articulate vision and objectives.
          • Ability to attract and develop talent, specifically underwriting and claims.
          • Delegates responsibility and authority.
          • Ability to manage and develop leaders within the organization. Personal Attributes
            • Highest integrity
            • Excellent communication skills
            • Influencer as opposed to user of authority
            • Committed to developing talent
            • Enthusiastic and forward-looking
            • Demonstrates high-level of initiative
            • High level of personal accountability
            • Entrepreneurial spirit
            • Embraces innovation & changeCompany:RICA Republic Indemnity Company of America
              Salary Range:$325,000.00 -$425,000.00Benefits: We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees. About Us Great American Insurance Group understands the importance of choosing a financially strong company. We are an organization built for the long term and are committed to giving you that strength.Why can you trust Great American Insurance Group?For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations.You never know where a career in insurance will take you. Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,100 employees to "Be Here. Be GREAT!"To learn more, visit our Career Page

Keywords: Summit Consulting, Los Angeles , President- Republic Indemnity, Executive , Calabasas, California

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