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Vice President Wholesale Brokerage -Breakwater Markets

Breakwater Markets
Posted 3 months ago, valid for 15 days
Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • Breakwater Markets LLC is seeking a Vice President of Wholesale Brokerage with 8+ years of experience in commercial trucking insurance, focusing on building and scaling its transportation-focused wholesale platform.
  • The role involves developing and executing a wholesale brokerage strategy that drives profitable growth and deepens carrier relationships across admitted and E&S markets.
  • Key responsibilities include managing carrier relations, leading wholesale production targets, and representing the company at industry events.
  • Candidates should possess strong analytical skills, exceptional communication abilities, and an active P&C insurance license, with existing carrier relationships preferred.
  • The position offers a competitive salary commensurate with experience, along with an annual performance bonus and a comprehensive benefits package.

About Breakwater Markets LLC

Breakwater Markets LLC is a specialty wholesale insurance brokerage platform focused on commercial transportation risk. As a standalone subsidiary within the Cover Whale ecosystem, Breakwater is designed to place business that falls outside traditional delegated authority programs, leveraging a broad network of carrier relationships across admitted and E&S markets.



Position Summary

Breakwater Markets is seeking a results-driven Vice President of Wholesale Brokerage to

play a foundational role in building and scaling its transportation-focused wholesale platform.

This is a senior leadership role with direct impact on production, portfolio quality, and carrier partnerships. The VP will be responsible for developing and executing a wholesale brokerage strategy that drives profitable growth, deepens carrier relationships, and expands our market presence nationwide.

This role reports to senior leadership and will work cross-functionally with underwriting, operations, and actuarial teams to ensure our wholesale business operates with discipline, efficiency, and a long-term growth orientation.

Key Responsibilities

Carrier Relations

  • Develop, manage, and grow strategic relationships with carriers active in the commercial trucking space.
  • Secure and manage brokerage appointments and placement relationships with key carrier partners across admitted and E&S markets.
  • Serve as the primary point of contact for carrier partners; proactively communicate on portfolio performance, market conditions, and growth initiatives.
  • Monitor carrier appetite shifts and adjusting distribution strategy accordingly.

Production & Distribution

  • Own wholesale production targets and lead efforts to grow gross written premium through broker channels.
  • Build and maintain a network of producers in the commercial trucking segment.
  • Develop and execute go-to-market strategies for new product launches and geographic expansion.
  • Identify and pursue new distribution opportunities, market segments, and strategic partnerships.
  • Track production pipeline, submission activity, and bind ratios; report regularly to leadership on performance vs. targets.Provide market intelligence and competitive insights to inform product development and pricing decisions.
  • Represent Breakwater Markets at industry events, conferences, and association meetings relevant to commercial trucking and wholesale distribution.

Required

  • 8+ years of experience in commercial trucking insurance, with a strong background in wholesale brokerage, MGA, or carrier distribution.
  • Demonstrated track record of building and managing carrier relationships and growing production in a wholesale or MGA environment.
  • Deep knowledge of commercial auto and trucking insurance products, market dynamics, and regulatory landscape.
  • Existing relationships with carriers active in the commercial trucking space strongly preferred.
  • Strong analytical skills with the ability to interpret loss data, production metrics, and market trends.
  • Exceptional communication and relationship management skills; able to influence at the executive level internally and externally.
  • Active P&C insurance license (or ability to obtain promptly upon hire).

Preferred

  • Experience at an MGA, program administrator, or specialty insurer focused on commercial transportation.
  • Bachelor's degree in business, finance, risk management, or a related field; advanced degree or professional designations (CPCU, CIC, ARM) a plus.

Breakwater Markets LLC offers a competitive total rewards package designed to attract and retain top talent in the specialty insurance market.

  • Base Salarycommensurate with experience and qualifications.
  • Annual Performance Bonus: Tied to individual and company performance targets.
  • Health, dental, and vision insurance.
  • 401(k) with company contribution.
  • Flexible, remote-first work environment.
  • Professional development support including licensing, designations, and industry conference participation.



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