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Selective Insurance

Personalized insurance solutions via independent agents

Vice President – Distribution Strategy

Business Development & PartnershipsUpdated on Nov 10
Full-timeShort Hills, Millburn, NJ, USA

About the Job

Requirements

  • Must have a valid state-issued driver’s license in good standing and be able to drive an automobile.
  • Demonstrated superior leadership capability.
  • Strong communication and presentation skills, with the ability to articulate strategy to a variety of audiences.
  • Strong financial, underwriting, marketing, sales, and agency operations acumen.
  • Ability to motivate, lead, develop, and retain a high-performing sales staff.
  • Demonstrated excellent sales, negotiation, and influencing skills.
  • Demonstrated drive, dependability, and integrity.
  • At least 10 years of Commercial Property and Casualty insurance industry underwriting, agency management, agency operations, marketing, or field sales experience.

Responsibilities

  • Identify business development opportunities and lead collaborative cross-functional teams to execute strategies related to geographic expansion, agency appointment strategies, agency development programs, and technology supporting distribution partners.
  • Align with cross-regional distribution partners to strengthen relationships, maximize appointment opportunities, establish mutual goals, and capitalize on opportunities for profitable growth.
  • Lead Information Technology efforts related to agency compensation.
  • Be responsible for technical training for internal employees, the corporate and insurance trainee program, and agency programs for distribution partners.
  • Maintain a strategic view of aggregators and larger cross-regional agency partners, including changes in distribution strategies, merger and acquisition strategies, small business processes, and technological advancements.
  • Be responsible for the aggregator and larger cross-regional agency management practice and ensure efficient communications across regional partners and aggregator offices.
  • Share key performance metrics and partner with regional offices and lines of business to identify and capitalize on growth opportunities.
  • Develop infrastructure and tactics supporting a standardized approach to aggregator and larger cross-regional agency relationship management.
  • Identify, develop, execute, and monitor opportunities to increase production with regional offices, including agency appointments, segment- or line-of-business-specific opportunities, and specialty programs.
  • Lead development and implementation of a three-to-five-year distribution strategy focused on small business, personal lines, flood, middle market, large accounts, geographic expansion, and aggregator relationships to achieve growth and diversity goals.
  • Develop and execute the agency compensation strategy, including profit-sharing programs, commission levels, incentive programs, custom PSA changes, and related Information Technology efforts.
  • Align strategic and tactical plans for measuring and monitoring objectives, making course corrections, and utilizing resources.
  • Maintain working knowledge of business conditions, competition, and territory-specific issues; cultivate business relationships, overcome obstacles, and pursue business opportunities.
  • Lead partnership efforts with commercial lines underwriting and regional teams on distribution opportunities, including centralized service models, agency diversity, equity, and inclusion initiatives, and geographic expansion.
  • Develop, execute, and communicate agency technical training, sales training, and consulting programs that support business objectives and provide a marketplace advantage.
  • Manage the Company’s membership and represent Selective in major industry associations, including IIABA and PIA, and optimize participation in programs such as Trusted Choice.
  • Partner with Marketing and regional offices to plan and execute agency engagement initiatives, including Producer Councils, Road Shows, Visions and Views webcasts, PCEP, CX Council, Women’s Agency Leadership, and the Annual Agency Survey.
  • Lead development, enhancement, and execution of insurance technical training for underwriting, including support for the Learning Management System.
  • Coordinate strategic and support initiatives related to global Learning Management System support and learning needs.
  • Partner with commercial lines and personal lines underwriting teams to build curriculum, provide product training materials, and onboard new employees.
  • Set the strategic direction of technical training, identify skill gaps, and assess the success, logistics, and outcomes of in-person training content.
  • Lead development, enhancement, and execution of the corporate and insurance operations trainee program, including an agency trainee track.
  • Carry out all job duties and responsibilities in compliance with applicable legal and regulatory requirements.

Desired Qualifications

  • A bachelor’s degree and/or MBA or another related degree is preferred.
  • CPCU or another relevant industry designation is preferred.

About the Company

Selective Insurance

Personalized insurance solutions via independent agents

Selective Insurance provides personal and business insurance solutions tailored to each customer’s needs. It works with independent agents to assess coverage requirements and delivers policies through those partners, backed by unique programs, products, and value-added services that help protect what matters most. Unlike some competitors that offer one-size-fits-all plans, Selective focuses on highly personalized coverage built with input from independent agents, ensuring customers get a policy that fits their lifestyle. The company’s goal is to give customers peace of mind through a highly personalized insurance experience and to support communities by offering thoughtful, customized protections.

Company size
1,001-5,000
Company stage
IPO
Headquarters
United States
Founded
1926

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