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Program Capacity Placement Leader

3 months ago


Phoenix, United States Mission Underwriters Full time
Job DescriptionJob DescriptionMission Underwriters is seeking an experienced Program Capacity Placement Leader to join our team. The successful candidate will coordinate the placement of 3rd party insurance and reinsurance capacity on behalf of our Mission Underwriters. This role requires a strategic and entrepreneurial thinker with a strong insurance and reinsurance industry network capable of developing and managing complex insurance programs. Underwriting, brokerage, and experience in the program insurance and reinsurance markets are prerequisites. This is a remote position.

Essential Duties/Functions:
  • Coordinate the development of new insurance programs for Mission, including gathering required information to develop submission documentation to assist placement and maintenance throughout the program life cycle.
  • Work closely with program leadership to develop and design comprehensive insurance programs accretive to their operations and Mission.
  • Prepare detailed underwriting submissions and ensure they meet the requirements of program carriers, reinsurance brokers, and reinsurance markets.
  • Coordinate necessary supporting underwriting data with various internal resources and third parties, including but not limited to actuaries, attorneys, and regulatory bodies.
  • Review and negotiate carrier agreements and contracts on behalf of the respective programs.
  • Actively manage and negotiate program insurance and reinsurance renewal placements, ensuring successful terms to support long-term growth and profitability.
  • Foster and maintain strong relationships with primary insurance carrier markets, reinsurance carriers, reinsurance brokers, and Lloyd's Syndicates.
  • Work with Mission program leadership and external brokers to identify and qualify opportunities for business development.
  • Assist in designing program structures with Mission leadership, and brokers to achieve desired outcomes and actualize new programs promptly.
  • Monitor underwriting and loss activity and implement pricing/coverage modifications as required in coordination with the Program leadership.
  • Work with programs on 3rd party audit compliance and ensure timely corrective action is taken as required.

Required Qualifications:
  • Bachelor's degree in business, finance, insurance, or a related field from a four-year college or university.
  • 10+ years of insurance industry experience, specifically underwriting, insurance placement, and program management.
  • Proven relationships with primary insurance carrier markets, reinsurance carriers, and brokers.
  • Proven client relationship management experience with C-Suite.
  • Ability to travel up to 30% of the year. May require international travel.

Preferred Qualifications:
  • Prior reinsurance experience is preferred but not required.
  • CPCU or other industry professional designation desired.
  • ARe or other industry professional designation desired.

You'd be an ideal fit if:
  • You have experience giving presentations to clients and internal groups.
  • You are proficient in financial and actuarial analytics, applicable to the profitability and viability of insurance programs.
  • You have a strong understanding of insurance and reinsurance markets, including Lloyd's Syndicates.
  • You have a strong working knowledge of the insurance and reinsurance market, including fronting and hybrid insurance carriers.

Why work with us:
  1. Medical, Dental, Vision
  2. 401K, 401K Match
  3. Life and Disability Benefits
  4. Unaccrued Paid Time Off
  5. 11 Paid Holidays
  6. Work from anywhere - US
  7. Employee Discounts
  8. Employee Assistance Program
  9. Educational Assistance Program
  10. Employee Referral Program
  11. Paid Parental Leave
Additional Information
  • The salary range for this position is 150 to 200K, commensurate with experience.
  • This is a remote position. Planned, in-office activities may be required on occasion (typically 2-4x per year).
  • You must live in the United States and be authorized to work in the United States without requirement of employment sponsorship/visa.
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties and qualifications required of employees assigned to this job.

Mission Underwriters is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
 

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