Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, Australia and South Africa, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.
The Senior Vice President, Retail Strategy & Distribution position is responsible for collaborating with assigned Business Unit leaders to create annual marketing plans, ensuring top priorities are reflected in distributor engagement plans, regularly monitor results and initiatives.
The Senior Vice President, Retail Strategy & Distribution is directly accountable for the following responsibilities:
Work with leadership of assigned Business Units to create annual marketing and distribution plans. These plans should reflect Arch appetite and capabilities, competitive position; business priorities and strategies; and deep understanding of current and target distribution profile. Plan output should be clear distribution priorities that advance Business Unit direction and RoC.
Collaborate with Business Unit leaders to provide distribution input into Business Reviews, annual plan, reforecasts, monthly reports and other relevant activities.
Ensure that regional and national distribution management has clear understanding of Business Unit "elevator speech", strategies and distribution priorities.
Collaborate with regional / national distribution management and Business Units accountable people to ensure execution of identified distribution priorities. As appropriate, work directly with distributors to advance specific initiatives.
Work with the Business Units to develop and mine prospective lists for cross marketing and target accounts.
Communicate Business Unit success stories on a regular basis to key internal and external contacts.
Analyze Business Unit distribution results on regular basis to ensure targets will be achieved
Monitor progress of key distribution initiatives and make adjustments as appropriate based on results
Consistently conduct analysis of the competitive market and trends and adjust strategies and priorities accordingly
Gain internal input for marketing plans on historical distribution profile (Distribution Data/Analytics); distributor initiatives, performance and direction (Regional/National Distribution Management); and market opportunity (Distribution Data/Analytics).
Obtain external feedback for marketing plans from brokers based on surveys or other research performed regarding Arch or the specific business segment (e.g., Aon Insight).
Collaborate closely with Business Unit leaders and underwriters plus Regional/National Distribution Management to build, refine and execute strategies and initiatives.
Influence Marketing to build effective communication and marketing campaigns that support key distribution priorities
Strong strategic and critical thinking capabilities
Broad understanding of insurance marketplace across lines of business
Strong underwriting and product development skills
Ability to manage multiple priorities in fast-paced environment
Excellent team player with a proven background of leading through influence.
Organized and detail oriented
Strong interpersonal skills, including ability to effectively interact with individuals at all levels of the organization
Objective, ability to problem solve and multi-task
Must be a self-starter, demonstrate flexibility and adaptability
Excellent written and oral communication skills and executive presence
Preferred Technical Skills:
10+ years in P&C sales and/or marketing management
Extensive experience managing retail and/or wholesale distribution channels
Successful experience developing and implementing growth strategies
Arch Capital Group Ltd.