Senior State Manager

Bamboo Insurance; United States; On-site; USD 144,000 - 176,000; Full time

Job summary

Bamboo Insurance is seeking a Senior State Manager to own the performance and profitable growth of Homeowners programs in Colorado and Texas. This role carries state-level P&L accountability and collaborates across distribution, analytics, pricing, underwriting, product, regulatory, operations, technology, carrier partners, and reinsurers to build scalable state books.

The ideal candidate is a highly analytical, entrepreneurial leader with deep Homeowners expertise, catastrophe and portfolio

Qualifications

• Bachelor's degree in a quantitative or business field.
• 8–10 years in property & casualty insurance with homeowners experience.
• Experience launching or scaling a state or property program.
• Ability to analyze book performance using SQL/Python/BI tools.
• Strong regulatory judgment and cross-functional leadership.

Responsibilities

• Own the P&L and state plan for expansion states with profitable growth.
• Build and ramp state programs, influence distribution, and launch plans.
• Manage catastrophe and portfolio risk for wildfire, hurricane, and convective-storm perils.
• Collaborate with actuarial, underwriting, product, claims, and carriers to implement rates and forms.
• Lead regulatory filings and respond to DOI inquiries.
• Monitor performance, diagnose trends, and drive profitability and execution.
• Communicate results and tradeoffs clearly to leadership and stakeholders.

Skills

P&L judgment

Catastrophe risk management

Homeowners forms knowledge

Regulatory judgment

Cross-functional communication

Data-driven decision making

Strategic startup-style operating

Education

Bachelor's degree in quantitative or business

Tools

SQL

Python

BI tools

Job description

Job Summary

Bamboo Insurance is seeking a Senior State Manager to own the performance and profitable growth of Homeowners programs in Colorado and Texas. This role carries state-level P&L accountability and works across distribution, analytics, pricing, underwriting, product, regulatory, operations, technology, carrier partners, and reinsurance to build and scale profitable state books.

The ideal candidate is a highly analytical, entrepreneurial property insurance leader with deep Homeowners expertise, strong catastrophe and portfolio management judgment, and a track record of launching or materially improving state programs. They move fast, use data to make decisions, execute through ambiguity, and bring creative ideas to difficult markets.

Duties / Responsibilities

• Own the P&L and state plan for assigned expansion states, including profitable premium growth, rate adequacy, loss ratio, mix, retention, conversion, and corrective actions.
• Build state programs from the ground up: assess markets and competitors, influence distribution and agency strategy, and define launch/ramp plans.
• Manage catastrophe and portfolio risk across wildfire, hurricane, and convective-storm perils, using PML, AAL, aggregation, PML-to-premium, and peril mix to guide appetite and growth.
• Partner with actuarial, underwriting, product, claims, operations, technology, compliance, and carrier/reinsurance partners to translate insights into rates, rules, forms, endorsements, eligibility, and underwriting actions.
• Lead regulatory execution for rate, rule, and form filings, including DOI responses and filing support
• Monitor performance against plan, diagnose emerging trends quickly, and drive practical actions to improve profitability, growth, and operational execution.
• Serve as the internal state owner, communicating results, risks, recommendations, and tradeoffs clearly to leadership and cross-functional stakeholders.

Required Skills / Abilities

• Deep analytical horsepower and P&L judgment, with command of rate adequacy, attritional loss ratio, frequency/severity, retention/conversion, PML, AAL, aggregation, and reinsurance constraints.
• Proven ability to manage catastrophe-exposed Homeowners books, especially wildfire, hurricane and convective-storm.
• Strong fluency in Homeowners forms, coverage provisions, endorsements, underwriting guidelines, rating mechanics, and how they affect profitability and customer/agent outcomes.
• Fast, detail-oriented executor with grit, high ownership, and the ability to move multiple workstreams without waiting for perfect information.
• Innovative and resourceful. Brings fresh ideas and is willing to get hands dirty to make a state successful.
• Strong regulatory judgment and comfort supporting DOI engagement, SERFF filings, and objections.
• Clear communicator who can align product, actuarial, underwriting, sales, compliance, operations, technology, carrier partners, and leadership around a state plan.

Required Education And Experience

• Bachelor's degree in a quantitative or business field (e.g., Mathematics, Finance, Engineering, Statistics, Data Science, or similar).
• Minimum of 8-10 years in property & casualty insurance, with significant Homeowners/residential property experience and direct state, portfolio, or P&L management responsibility.
• Colorado and/or other hurricane & SCS-exposed Homeowners market experience.
• Track record launching, growing, or materially improving a state or property program and managing it to a profitable result.
• Ability to independently analyze book performance SQL, Python, and/or BI tools.
• Strong strategic judgment paired with a hands-on, startup-style operating approach.

Preferred Requirements

• Experience with E&S programs and MGA/carrier partner models
• MBA or quantitative graduate degree

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.

Salary

• Starting at $160,000 annually. Candidate's skills, experience and abilities will be taken into consideration for final offer.