Stonehaven - Director of Underwriting

Ledgebrook
•$250,000 - $350,000•Remote

About The Position

Stonehaven Specialty Insurance Company, Ledgebrook’s new third-party hybrid fronting carrier, is seeking a Director of Underwriting. This role reports to the Chief Programs Officer (CPO) and is responsible for underwriting quality and discipline across the full program book. The Director will set and enforce underwriting appetite and guidelines, and supervise the Underwriting Manager(s) who handle day-to-day program-level underwriting oversight. The successful candidate will bring deep delegated-authority/MGA-oversight underwriting experience and a track record setting guidelines and appetite for a book of business, not just executing within them. This role also serves as the senior underwriting authority in new-program due diligence and BAA negotiations.

Requirements

  • 10+ years of P&C underwriting experience, including 4+ years managing or supervising underwriters in a delegated-authority/MGA-oversight environment.
  • Track record setting underwriting guidelines and appetite for a book of business, not just executing within them.
  • Experience negotiating binding authority agreement underwriting terms directly with program partners.
  • Authorized to work in the United States without the need for current or future employer-sponsored work authorization.

Nice To Haves

  • CPCU, AU, or equivalent underwriting designation.
  • Prior fronting-carrier, program administrator, or MGA-side underwriting leadership experience.
  • Experience across multiple lines of business relevant to Stonehaven’s target programs.

Responsibilities

  • Set and maintain enterprise underwriting appetite, standards, and guidelines across all programs, in coordination with the CPO and CRO’s Actuarial function.
  • Supervise and develop the Underwriting Manager(s); review their program-level underwriting audits and sign off on findings that need escalation.
  • Own the underwriting side of new-program due diligence (“underwrite the underwriter”) jointly with Business Development, escalating go/no-go recommendations to the CPO.
  • Serve as the senior underwriting authority in BAA negotiations — binding authority limits, referral thresholds, and underwriting guideline provisions — working with Legal on final language.
  • Track underwriting audit findings to remediation across the book and report portfolio-level underwriting quality trends to the CPO.
  • Coordinate with Actuarial and Claims on loss experience, emerging trends, and guideline changes across programs.

Benefits

  • Full remote flexibility and asynchronous work culture.
  • Unlimited PTO and fully paid sick leave.
  • Comprehensive health benefits, including medical, dental, and vision coverage, plus HSA and FSA options.
  • Additional financial protection and retirement benefits, including a 401(k), company-paid life insurance, and disability coverage.
  • Eligibility to participate in Ledgebrook’s equity incentive program.
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