Position Summary
The Vice President, Executive Broker is responsible for defining the strategic vision for the brokerage business, driving business results and ensuring demonstrably positive contributions to Ryan Specialty’s financial and strategic performance indicators. The role cultivates a culture of excellence and continuous improvement within the brokerage team. They collaborate closely with the executive leadership team to champion profitability, operational effectiveness and compliance.
What will your job entail?
Job Responsibilities:
• Defines and develops brokerage policies and strategies that propel business and organizational performance. Reviews the Go to Market strategy of the Brokerage business, revenue targets and market expansion plans.
• Serves as the advisor for the executive leadership team, answers technical brokerage queries and strategically inputs on decisions that have an impact beyond the brokerage business.
• Translates strategic vision into impactful financial results, ensuring the brokerage business contributes to the organizational success while meeting the key financial indicators.
• Sponsors and authorizes strategic projects that have a direct impact on brokerage business and the organization’s revenue and closely monitors their progress, execution, and results.
• Leads the merger and acquisition activities for the brokerage business, oversees the screening of potential acquisition targets and crafts mutually beneficial partnerships that unlock new opportunities for growth.
• Partners with internal and external executive leadership, effectively negotiating critical issues and influencing policy direction pertaining to wholesale brokerage in the insurance industry.
• Collaborates closely with the executive leadership team to provide continuous feedback on the existing processes of the brokerage business and suggests ways to improve efficiency.
• Represents Ryan Specialty in industry associations and thought leadership, influences best practices and regulations that benefit both Ryan Specialty and the broader insurance landscape.
Work Experience and Education:
• Bachelor’s degree required, Master’s degree preferred; Business Administration, Sales, and Risk Management preferred.
• 15+ years of work experience in Wholesale Brokerage, Commercial Insurance coverages, Sales, and Risk Management preferred.7+ years of management experience is preferred. Any other related discipline or commensurate work experience considered.
#OLR
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $200,000.00 - $250,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
