Vice President, Underwriter - Casualty

The Jacobson Group; New York (NY); Hybrid; USD 180,000 - 220,000; Full time

Job summary

The Jacobson Group is seeking a Vice President, Underwriter - Casualty to join a global program manager in New York. This hybrid role will focus on supporting the growth of the business through strategic insurance program development and execution.

The ideal candidate will have over 10 years of experience in program underwriting, including commercial auto, and possess a Bachelor's degree. Key responsibilities include overseeing onboarding processes, relationship management, and providing analytical support.

Qualifications

• 10+ years of experience in program underwriting and insurance industry.
• Proven skills and abilities to build relationships in market.

Responsibilities

• Prepare reports and presentations for new program onboarding.
• Maintain oversight and communications of newly onboarded programs.
• Review and analyze due diligence processes for all relevant sectors.
• Establish and maintain relationships with program administrators and brokers.
• Support the Chief Underwriting Officer in developing reinsurance strategies.

Skills

Program underwriting experience

Commercial auto experience

Relationship building

Education

Bachelor's degree

Job description

Job Summary

The Vice President, Underwriter - Casualty will play a vital role that helps support the growth of the business by participating in the development and execution of strategic insurance programs for the organization. This position is with our client, a global program manager, and is hybrid in their New York office.

Responsibilities

• Prepare reports, presentations and special projects to assist in ensuring the success of the new program onboard process.
• Maintain responsibility for the daily oversight and communications of newly onboarded programs.
• Review and analyze all facets of the due diligence process for actuarial, underwriting, claims, financials, compliance, operations, legal and regulatory.
• Maintain responsibility for the documentation of the due diligence files, preparation of committee reports, development of contracts and overall maintenance of the program files.
• Conduct research within the company and/or externally to obtain data to support new business initiatives.
• Establish and maintain relationships with prospective program administrators and reinsurance brokers to provide excellent customer service.
• Monitor the profitability, review underwriting audits, and check premium and claims bordereaux for consistency with the agreed upon program terms of newly onboarded programs.
• Provide input to the development of product analysis, services, geographic focus and broker intelligence.
• Review, evaluate, and recommend modifications to the underwriting and due diligence process.
• Evaluate and analyze market trends for growth opportunities and compliance/regulatory guidelines.
• Directly manage and develop more junior underwriters, and assist other leaders as necessary.
• Support the Chief Underwriting Officer in the development and implementation of reinsurance strategies that align with the company’s risk tolerance, financial objectives and growth targets.
• Analyze risk exposure and collaborate with underwriting and actuarial teams to assess the appropriate level of reinsurance coverage required.
• Identify potential reinsurance partners and/or brokers within the established framework, and negotiate terms, pricing, and contract structures to optimize coverage and minimize risk.
• Assist in the coordination of facultative strategies and controls.
• Develop and foster relationships with reinsurance brokers and reinsurance markets to facilitate placements, execution of contract wording and gain market intelligence.

Requirements

• 10+ years of experience in program underwriting and insurance industry
• Commercial auto experience
• Proven skills and abilities to build relationships in market
• Bachelor's degree

Contact

Erin Gamez
Senior Recruiter
[phone]
[e-mail]

Pay Range

The anticipated salary for this position is $200,000 annually. We understand salary is an important factor in a job search, and we encourage you to apply even if you feel that your desired compensation may fall outside of the listed range. The final pay for this position is determined based on several factors including but not limited to, relevant experience, skills and certifications, education and training, geographic location, market conditions, and internal equity. We are committed to finding the right candidate for this role and are open to discussing how your unique qualifications align with our needs.