Director, Marine Hull and Liability

Ryan Specialty; Canada; On-site; CAD 196,000 - 245,000; Full time

Job summary

A leading insurance provider is seeking a Property and Casualty Underwriting Director to oversee underwriting strategy and processes, develop innovative insurance products, and manage a team. The ideal candidate will have significant experience in property and casualty insurance underwriting and strong management skills. This role offers a competitive salary and a comprehensive benefits package.

Benefits

Comprehensive benefits package

Paid parental leave

Mental health services

Qualifications

• Bachelor’s degree or Master’s in a relevant field required.
• 12+ years of experience in Property and Casualty insurance underwriting.
• 5+ years of management experience.

Responsibilities

• Directs and oversees the comprehensive underwriting process.
• Partners with executives to craft underwriting strategy.
• Leads the development of innovative insurance products.
• Supervises strategic initiatives and ensures data-driven decision making.
• Provides training and mentorship to underwriting professionals.

Job description

Position Summary

The Property and Casualty Underwriting Director is responsible for directing the property and casualty underwriting strategy, policies, and processes to deliver profitable growth. The role oversees all aspects of underwriting, business development and retention and leads the development of innovative insurance products. They foster innovation, build key relationships, and collaborate with executives to ensure underwriting business is aligned with Ryan Specialty's strategic and financial goals.

What will your job entail?

Job Responsibilities:

• Directs and oversees the comprehensive underwriting process for both new and renewed property and casualty accounts to achieve and exceed profitability targets.
• Partners with executives and business heads to craft a compelling underwriting strategy, outlines ambitious revenue targets and market expansion plans.
• Translates the strategic vision of the executives into actionable long-term and short-term plans for the underwriting business, ensuring teams and functions are aligned across the organization.
• Leads the development of innovative property and casualty products within the underwriting portfolio, leveraging market insights, customer needs, and emerging industry trends.
• Reviews and authorizes innovative underwriting solutions and structures and recommends changes as needed to deliver business goals.
• Supervises strategic initiatives and ensures data-driven decision making, operational excellence and improved client retention in alignment with Ryan Specialty's vision and objectives.
• Identifies areas for growth and cross-selling, fosters an innovative culture and drives the team to develop new underwriting practices, guidelines, and processes for increased effectiveness.
• Oversees comprehensive risk analysis, evaluates factors such as coverage value, location, usage, safety features to make informed decisions on risk acceptance, modification, or decline.
• Establishes and enforces consistent underwriting best practices within the team, aligning with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy.
• Establishes strong relationships with key brokers, clients, and other stakeholders aimed at growing the business.
• Provides training and mentorship to underwriting professionals, focusing on underwriting approaches, compliance, policy documentation, administration, and other best practices.

Work Experience and Education

• Bachelor’s degree or Master’s in Risk Management, Actuarial or Business Administration required. Any other related discipline or commensurate work experience considered.
• 12+ years of experience in Property and Casualty insurance underwriting.
• 5+ years of management experience.

Licenses & Certifications

• State P&C and/or surplus line license is required.
• Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) a plus.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $196,000.00 - $245,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website at the benefits portal.

Please note: We provide reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [e-mail].

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.