Business Development Specialist
Lawyers Mutual Insurance Company of Kentucky (“LMICK”) is hiring a full-time Business Development Specialist in order to grow the number of firms and attorneys it insures by actively seeking and acquiring new insureds that meet its Underwriting Guidelines. It is preferred that the applicant be a lawyer, but that is not required. Applicants who are not lawyers should have sales and marketing experience. Sales goals will be established by the Board of Directors and implemented by the Business Development Specialist with assistance from LMICK Staff. The ultimate goal is to formulate strong relationships to ensure growth and preserve and augment LMICK’s position and reputation as the Kentucky Bar Association endorsed legal malpractice insurance carrier with exemplary service to its insureds and the other attorneys of the Commonwealth of Kentucky.
Chief Financial Officer
Lawyers Mutual provides professional liability insurance to lawyers practicing in small to medium size firms based in Kentucky. The CFO, reporting to the CEO, manages the company’s financial operations and regulatory compliance. Responsibilities include accounting and financial reporting; management of cash and invested assets; oversight of information technology; and relationships with regulators, actuaries, auditors, financial institutions, tax authorities, and IT consultants. One accounting assistant reports to the CFO.
The ideal candidate is a tech-savvy CPA (preferred, but not required) with excellent accounting skills and at least ten years of accounting and reporting experience in the insurance industry who will:
- consistently produce timely and accurate work results with limited staff support and at all levels of difficulty from simple tasks to complex projects;
- proactively direct the company’s use of information technology and lead the way to more effective use of computer systems;
- and provide clear explanations of financial issues and results to the CEO and board of director.
Core qualifications: knowledge of statutory accounting; understanding of reinsurance contracts; familiarity with actuarial analyses of premium rates and loss reserves; proficiency with Excel; ability to adapt rapidly to company’s software for insurance company operations (Velocity), investment accounting (PortMan), and statutory reporting (Gain Compliance). In-depth knowledge of federal income taxation of P&C insurance companies preferred, but not required.
Competitive salary based on qualifications and experience. Competitive benefits including; PTO time, group health, vision, dental, life, and disability insurance, and up to 7.5% 401k match. Minimum travel required.