NFP
Senior VP / VP Management, Cyber & Professional Liability (MCPL)
NFP, Toronto, ON
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
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.
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.
What You Bring
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.
What's In It For You
NFP's PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
Our employees are the foundation of our success.
NFP is a big company - a growing, inclusive team of individuals supporting each other's passions and engaging with the community.
Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.
Beyond our office walls, we're dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Children's Cancer Society, GenHERation, Year Up and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.
Our business is built on the personal level. Whether it's in our offices, on a call, out in the field or anywhere you can find us in the world, we're starting the conversations that create a more secure future for everyone.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
Hours Per Week: 35 (Full-Time)
Location: Canada- Any, Hybrid (https://www.nfp.ca/about-nfp/find-an-office)
Job Duration: Full-Time, Permanent
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
What You Bring
- University degree-BComm, BBA (or equivalent) required
- Provincial P&C Broker License required or obtained within 90 days of employment
- 8+ years of financial lines broking or underwriting insurance experience preferred
- Understanding of Directors' & Officers' (D&O) Liability, Pension Trust Liability (Fiduciary), Employment Practice Liability, Fidelity, and Cyber insurance products
- Existing Canadian insurance underwriting market relationships an asset
- Excellent understanding of financial statements and financial markets
- Confident, poised and interactive - when client-facing communicates effectively, demonstrates emotional intelligence, and understands how to tailor responses in a variety of dynamic situations; Can project confidence in client presentations;
- Proven technical competency and creativity demonstrating excellence in developing and delivering innovative property and casualty solutions
- Possess strong analytical and problem-solving skills
- Excellent organizational skills with the ability to adjust to changing workload and priorities
- Sharp attention to detail with excellent decision-making skills
- Excellent computer skills expected
- Proficiency with Microsoft Office suite products - specifically Word, Excel, PowerPoint and Outlook
- Attendance at company and industry events may be outside of normal work hours
- Cross Canada air travel is required
- Driven, Focused, Sense of Humour and ability to set personal ego aside to achieve client and corporate goals.
- Bilingualism French/English would be an asset
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.
What's In It For You
NFP's PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
- A hybrid environment approach that keeps the best interests of our staff and our clients in mind -When not travelling or attending out of office functions the expectation is that you will attend an NFP office 3 days per week minimum.
- Significant Personal Paid-time-off and Vacation
- Annual bonus plan for all employees
- Matching RRSP plan of 5% of salary
- Referral Commission Plan
- Generous Medical & Dental benefits plan including Health Care Spending Account starting on the first day of employment
- Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
- Reimbursement of license fees, professional membership dues, and vehicle mileage expenses
- A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration
Our employees are the foundation of our success.
NFP is a big company - a growing, inclusive team of individuals supporting each other's passions and engaging with the community.
Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.
Beyond our office walls, we're dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Children's Cancer Society, GenHERation, Year Up and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.
Our business is built on the personal level. Whether it's in our offices, on a call, out in the field or anywhere you can find us in the world, we're starting the conversations that create a more secure future for everyone.
Accommodations are available on request for candidates taking part in all aspects of the selection process.