Managing Director, Fundamental Underwriters - Remote US

Fundamentaluw; United States; Remote; USD 191,000 - 321,000; Full time

Job summary

An innovative firm is seeking a Managing Director to spearhead a new construction specialty line division. This role is pivotal in shaping the strategic direction and operational execution of new commercial lines, including General Liability and Auto. The successful candidate will drive growth and profitability while fostering strong relationships within the enterprise and with clients. With a focus on strategic planning and team leadership, this position offers a unique opportunity to influence the future of the division and contribute to the company's success. If you're ready to take on a leadership role that combines vision and execution, this is the perfect opportunity for you.

Qualifications

• 10+ years of experience in insurance with 5+ years in leadership roles.
• Entrepreneurial experience is a plus.

Responsibilities

• Lead operations development and business case creation.
• Build and lead a high-performing team to achieve strategic goals.
• Ensure operational efficiency and quality service.

Skills

Strategic planning

Project management

Analytical skills

Commercial underwriting

Product development

Negotiation skills

Communication skills

Presentation skills

Financial management

Budget development

Education

Bachelor’s degree in insurance, business, or related field

MBA and advanced certifications

Job description

Managing Director, Fundamental Underwriters - Remote US

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Role Summary

This position serves as the Managing Director responsible for creating and managing a new construction specialty line division, focusing on the development and implementation of new commercial General Liability, Auto, and Excess lines of business. Key responsibilities include refining a business case, executing the approved business plan, and driving growth and profitability across short, medium, and long-term horizons. The role involves system implementation, setting underwriting appetite, marketing, and establishing the division's strategic goals. It requires maintaining strong professional relationships with customers, employees, and within the enterprise to meet financial and strategic objectives.

Essential Duties and Responsibilities

1. Lead new operations development, including business case creation and cross-departmental liaison.
2. Design, build, and implement new opportunities.
3. Define the division's long-term mission and vision.
4. Develop and execute strategic, operational, and financial plans aligned with long-term goals and corporate diversification strategies.
5. Secure approval from executive and board levels and implement the business plan.
6. Achieve market penetration targets and oversee division formulation and growth.
7. Build and lead a high-performing team, establishing an organizational structure that supports strategic objectives.
8. Ensure operational efficiency and quality service, fostering a productive work environment.

Supervision and Leadership

Directly supervise professional and technical staff across locations, involved in hiring, training, performance appraisal, and employee development, ensuring compliance with company policies and legal standards.

Qualifications

• Bachelor’s degree in insurance, business, or related field; MBA and advanced certifications preferred.
• Minimum of ten years relevant experience, including five years in leadership roles with profit and growth responsibilities; entrepreneurial experience is a plus.

Skills and Abilities

• Strategic planning, project management, and analytical skills.
• Deep knowledge of commercial underwriting, product development, and insurance industry practices.
• Strong negotiation, communication, and presentation skills.
• Financial management and budget development expertise.

Working Conditions

Office environment with travel requirements.

Compensation

Estimated range: $191,300 to $320,300, dependent on location, experience, and other factors.

Equal Opportunity Statement

We value diversity and are an equal opportunity employer. Employment is at-will, and no contractual obligations are created herein.