Vice President of Underwriting, P&C Captives

Strategic Risk Solutions • Philadelphia, PA

136d

About The Position

Strategic Risk Solutions Inc. (SRS), the world’s largest independent insurance company manager, is growing and looking for a self-motivated and driven VP of Underwriting to join Garnet Captive – our division that administers group captive programs. This in office-hybrid position requires an individual who has an underwriting expertise in Work Comp, Commercial Auto and General Liability Insurance. The position requires an ability to strengthen Garnet’s relationship with their carrier partners, negotiate new business and renewal submissions and interact with internal sales leads at Garnet, retail brokers, etc. The candidate must be able to balance diligence and detail orientation while not losing sight of the bigger picture.

Requirements

• 5-10+ years of Casualty insurance experience, captive experience a plus
• Strong organizational/prioritization skills
• Self-direction and the ability to take ownership and drive responsibilities through to completion
• Excellent verbal, writing, and relationship-building skills
• Alignment with our Core Values

Responsibilities

• Create and execute business strategies for expansion of existing captive programs
• General market relationships – representing Garnet at relevant industry events and coordinating stewardship meetings with key carrier partners
• Initial pre-screen of new business opportunities
• Coordination with sales lead on setting informal pricing expectations
• Oversight of full submission process – risk control, actuarial, questionnaires etc.
• Formal submission to fronting carriers and the associated discussion & negotiation
• Participation in renewal negotiations for group terms for all Garnet programs
• Ongoing collaboration with business development on carrier appetites
• Keeping apprised of applicable industry knowledge and standards

Benefits

• Competitive salary
• Comprehensive benefits package including life, medical, dental, 401k, and tuition reimbursement
• Opportunities for rewarding growth and advancement
• Environment of genuine equity and inclusion

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 101-250 employees