Program Manager, NA P&C Insurance US-Remote

Sirius Group; United States; Remote; USD 160,000 - 180,000; Full time

Benefits offered by this job

Medical

Vision

401(k) with 6% match

Paid parental leave

Health Savings Account (HSA)

Job summary

Sirius Group in New York is looking for a Program Manager, NA P&C Insurance. You'll manage partner P&C MGUs, ensuring compliance with underwriting guidelines while optimizing profitability.

The ideal candidate will have over 10 years of experience in Property and Casualty Insurance, analytical skills, and an entrepreneurial spirit. A competitive salary and robust benefits, including 401(k) matching and educational support, are offered.

Qualifications

• 10+ years of experience in an underwriting and/or product role.
• Ability to develop analytical underwriting models.
• Experience in creating new products for rapid entry into markets.

Responsibilities

• Lead development of underwriting guidelines and standards.
• Manage Key Performance Indicators related to pricing and profitability.
• Support the development of new P&C products.

Skills

Property and Casualty Insurance experience

Analytical skills

Leadership

Entrepreneurial mindset

Job description

SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A from AM Best, Fitch and S&P, and A3 from Moody’s.

Join Our Team

You will be our Program Manager, NA P&C Insurance. In this role, you will lead and manage all aspects of several portfolio(s) of partner P&C MGUs/MGAs/Program Administrators, with responsibilities spanning a broad spectrum of Programs. You will overseeing various types of programs, ensuring the effective review of new submissions, due diligence, and ongoing management of production and profitability for these specialized areas. You will manage risk within Appetite and Underwriting Guidelines and play a key role in building, developing, and managing the MGU/MGA/Program relationships. You will report to the Head of Property and Casualty Program Management.

Responsibilities

• Leading development of Property & Casualty (P&C) underwriting guidelines and Letters of Authority for MGUs/MGAs/Program Administrators and standards and procedures for those exceptions outside of the underwriting guidelines.
• Actively managing all Key Performance Indicators, including pricing objectives, profit improvement and combined loss ratio results.
• Partnering with key support units, including Finance, Actuarial, Claims, Legal, Compliance, Operations and IT to analyze issues, identify solutions and drive execution on challenges faced by company, partners and customers.
• For P&C MGUs/MGAs: supporting development of program and ceded business documents in conjunction with Underwriting, CUO and legal department.
• Develop new P&C products including research and development, underwriting guidelines, SERFF Support for internal or external filing resources, pricing and state submissions and approvals.
• Performing audits and conducting program reviews. Examining documents such as polices, application state endorsements, OFAC, plan documents and other documents necessary related to the writing of each programs business.
• Identifying and managing portfolio-level risks, issues and dependencies.
• Partnering with Legal/Compliance on legislative and regulatory topics impacting the P&C programs, including but not limited to data collection with programs, states and other entities for the accurate reporting of taxes, assessments and other compliance aspects of direct insurance.
• Supporting corporate accounting with the collection of data from individual programs including, premiums, states, limits, etc.
• Developing and maintaining relationships with MGUs/MGAs/Program Administrators.
• Closely monitoring market and program specific trends to assure program performance consistent with company expectations.
• Primary contact with each direct insurance program for all administrative, underwriting and service concerns or questions.
• Building and maintaining relationships with support units, brokers, and reinsurers to support the goals and objectives of company.
• Preparing monthly and quarterly management reports and other ad hoc reports as required.
• Supporting P&C new business initiatives and conducting the appropriate triage of new business opportunities.
• Assisting in training and developing staff.
• Providing expertise on coverage issues with Claims.
• Developing and leading marketing presentations to new and current agents/brokers.
• Leading and ensuring the successful completion of complex projects.
• Diagnosing and developing recommendations to solve unique business and customer challenges.

Skills and Abilities

• 10+ years of Property and Casualty Insurance experience in an underwriting and/or product role
• Strong analytical skills. Ability to develop analytical/dynamic underwriting models. Ability to efficiently identify the tools required for the task at hand and develop a product solution.
• Provide leadership to others which drives underwriting process improvement whether through technology, outsourcing or internal innovations.
• Strong intellectual curiosity and a desire to help others solve problems.
• Confidence in your skillset, desire to learn more and ability to make an impact.
• Highly entrepreneurial – experience working on the creation of new and emerging products for rapid entry into new markets. A natural inclination to work within a culture that is fast-paced and dynamic.

Benefits and Perks

• Medical
• Vision
• FSA Medical and Dependent care
• Health Savings Account (HSA)
• EAP
• Basic Life and AD&D (company paid)
• Basic Long-Term Disability (employer) paid-Taxable income
• Employee paid Long Term Disability(voluntary)
• Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
• Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
• Travel assistance programs Company paid
• 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed

Salary

The estimated annual salary range for this position is mentioned below. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors.

$160,000 - $180,000 USD

United Behind Common Goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose

is to provide security and resilience in an uncertain world.

Our Vision

is to be recognized as a best-in-class underwriter utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions.

Our Culture

is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values

• Integrity: Integrity, respect and trust are our core principles
• Customer Focused: Our customers are the reason we exist
• Solution Driven: Creating solutions is our mindset
• Diversity: Diversity, inclusion and allyship make us stronger

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

Visa Sponsorship

We are unable to sponsor or take over sponsorship of an employment visa at this time.