Executive Director/President of Non-Standard

K2 Security Insurance•Dallas, TX

19d•$210,000 - $250,000

About The Position

K2 Insurance Services, LLC is seeking an executive leader to own the lifecycle and strategic direction of its personal non-standard auto insurance portfolios and drive the goals of the business entity. The role spans product design and management, pricing, carrier and reinsurer relationships, delegated underwriting authority, digital distribution, profitability, premium growth, risk governance, and regulatory compliance. The executive will oversee private passenger non-standard auto products, including product roadmaps, pricing strategies, coverage enhancements, and rating plans. They will assess market and consumer trends and monitor portfolio performance to adjust product features and underwriting guidelines. The position also leads MGA operations and carrier partnerships, manages program capacity and contractual arrangements, oversees compliance with state insurance regulations, and is accountable for departmental budgets, program P&L, and revenue forecasts.

Requirements

At least 5 years of progressive leadership experience in the property and casualty insurance sector, focused on non-standard auto insurance and program management.
Proven experience in an MGA environment or working closely with capacity providers or carrier partners on program administration.
Demonstrated success in product management, product launches, and rate and form filings across multiple states.

Nice To Haves

A degree in Economics, Finance, Actuarial Sciences, or another quantitative discipline.
Strong knowledge of the Texas marketplace.

Responsibilities

Define and execute the end-to-end product roadmap, pricing strategies, coverage enhancements, and rating plans for private passenger non-standard auto insurance lines.
Evaluate competitors, emerging mobility trends, and consumer behavior to maintain a competitive market position.
Monitor loss ratios, frequency and severity trends, retention, and expense ratios; adjust product features and underwriting guidelines to meet targeted combined ratios.
Oversee delegated underwriting authority, binding guidelines, and risk appetite parameters in alignment with carrier partners.
Act as the primary executive sponsor for reinsurers and insurance carriers; negotiate program capacity, profit-sharing overriding commissions, quota shares, and binding contracts.
Ensure product filings, forms, rates, and MGA operational frameworks comply with state Department of Insurance regulations.
Manage the departmental budget, direct program P&L performance, and forecast revenue from commissions, fees, and underwriting performance bonuses.