Senior Vice President, Head of Underwriting

5 days ago


New York, New York, United States Relm Insurance Full time

About This Opportunity

We are seeking a highly experienced and skilled Senior Vice President, Head of Underwriting to lead our US insurance underwriting efforts. This is a high-impact leadership role that requires a strong understanding of the insurance industry, excellent leadership and management skills, and the ability to drive business growth and profitability.

Key Responsibilities

  • Develop and Implement Underwriting Strategy
    • Direct the US underwriting strategy, process, planning, reporting, forecasting, business development, and innovation for the insurance book of business.
  • Lead Underwriting Team
    • Provide a professional layer of leadership, mentorship, and management to the US underwriting team, fostering a high-performance culture and promoting continued growth, training, and development of junior underwriting and administrative staff.
  • Drive Business Growth
    • Establish and maintain strong relationships with brokers, clients, and industry stakeholders to enhance market presence and drive business growth.
  • Stay Ahead of Industry Trends
    • Stay abreast of industry trends, regulatory developments, and emerging risks to inform underwriting decisions and strategy.

Requirements

  • Experience
    • Minimum of 12 years of US insurance underwriting and/or broking experience (Financial Lines, Professional Lines, Cyber, Casualty, and/or Property insurance experience would be an asset).
  • Education
    • Bachelor's degree in business, finance, insurance, actuarial science, computer science, or a related discipline; advanced degrees are a plus.
  • Skills
    • Strong relationships with US wholesale and retail brokers.
    • Comprehensive understanding of US insurance compliance requirements and business engagement best practices.
    • Proven national-level leadership experience with a track record of successfully leading and developing high-performing underwriting teams.
    • Extensive experience in negotiating, preparing, and drafting policy and endorsement wording.
    • Strong analytical and decision-making skills, with the ability to assess complex risks and develop innovative solutions.
    • Exceptional organizational and time management skills.
    • Creative problem-solver with strong critical thinking skills and a diligent approach to accomplishing tasks.
    • Ability to thrive in a fast-paced and dynamic work environment.
    • Confident communicator who can clearly and authentically convey messages both in writing and verbally, skillfully persuade, and constructively argue.
    • Advanced proficiency in Microsoft Office applications (familiarity with Mac OS is a plus).
    • Excellent interpersonal skills, with comfort in leading client and broker meetings.
    • Exceptional attention to detail and work ethic.
    • Willingness to work outside core hours and travel overseas as required.

Nice To Have Qualifications, Skills, And Experience

  • Experience
    • Experience managing and underwriting a predominately primary book of business.
  • Skills
    • The ability to perform data analytics within MS Excel or Power BI, including functions such as Tables, Pivot Tables, formulae (VLOOKUP, IF, SUM) etc.
    • Professional designation in insurance underwriting, such as RPLU, CPCU, ACII, AU, or similar.
    • Strong interest and conceptual comprehension in Web3., Digital Assets, Blockchain, Cannabis, AI, or Financial Markets will be a differentiator.

Benefits

  • Comprehensive Benefits Package
    • A comprehensive benefits package, including medical, dental, vision, life insurance, long-term and short-term disability, all paid at 100% for employees.
  • Competitive Compensation
    • Competitive compensation.
  • Training and Mentorship Opportunities
    • Training and mentorship opportunities.
  • Professional Development Support
    • Five thousand dollars (USD) per calendar year towards professional licensing and developmental education and events.
  • Dynamic Work Environment
    • An environment where your opinion is not only heard but crucial to our teams' success.
  • Opportunities for Growth
    • A multitude of growth opportunities.


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