Vice President, General Casualty, Preferred Select, Division Manager

We’re looking for a Vice President, General Casualty, Preferred Select, Division Manager

 

This role is a hybrid working position based in either Richmond, VA, or the greater New York/New Jersey area.  We will consider a remote US location for appropriately qualified candidates.

 

Reporting to the Chief Underwriting Officer, the initial responsibility for this hands-on leader is to build out Hamilton’s expansion strategy for primary General Casualty beyond our current hard-to-place SME focus. This role creates a unique opportunity for a self-driven, motivated leader to stand up an adjacent product offering within an established, well-resourced organization.

 

This role will focus on Excess & Surplus (E&S) lines placements for primary General Liability, Products/Completed Operations, Liquor Liability, Employee Benefits Liability, Garagekeepers Legal Liability, Hired & Non-Owned Auto, and other coverages for small to medium-sized entities and lower middle market risks.

 

Why this role / why now: Hamilton Select is investing in the next phase of our primary General Casualty platform. This newly created leadership role offers the opportunity to shape the product, strategy, appetite, and go-to-market while leveraging Hamilton’s strong balance sheet, technology capabilities, and established wholesale distribution. The successful candidate will have high visibility with senior leadership and a meaningful runway to build a differentiated, profitable book and team.

 

The successful candidate will be responsible for developing and managing relationships with wholesale brokers and other trading partners in the U.S.  The Product Leader will demonstrate initiative in establishing and performing the ongoing review of our underwriting guidelines, rates and coverage forms and help build and lead a team of talented underwriters.  An exceptional service delivery orientation is a must.  This role will include occasional business travel.

What you will do

 

• Lead the launch of Hamilton’s General Casualty Preferred Select expansion, including the development of underwriting guidelines, rates, coverage forms & endorsements, and applications for insurance
• Responsible for the overall portfolio management, performance and underwriting profitability of the portfolio.
• Demonstrate strong cycle management in shaping and directing of the portfolio
• Attract, develop, coach, mentor, retain world class underwriting talent
• Represent Hamilton Select in the marketplace and actively support broker engagement and distribution strategy for primary General Casualty Preferred Select
• Partner with the Technology team to pursue the design and ongoing improvement of Hamilton’s quote systems, data capture, and general use of information technology.
• Drive the general use of technology to produce superior profit and establish an ease-of-doing business reputation with our appointed trading partners
• Establish and monitor key performance metrics to ensure best-in-class operating effectiveness
• Collaborate with internal support functions to establish effective processes and procedures to maximize efficiency and accuracy in all of our operations
• Establish and maintain underwriting standards and discipline to ensure the delivery of profitable results
• Support placement of targeted reinsurance in support of the General Casualty Preferred Select division
• Originate, grow and develop high-level market relationships with brokers
• Ensures team compliance with applicable letters of underwriting authority and compliance with applicable state rules and regulations
• Negotiate coverage terms, pricing, and conditions using sound judgment and critical thinking

What you require for the role

 

Key Attributes

• An established underwriter or manager with eight or more years underwriting experience handling General Casualty lines
• Strong technical knowledge of General Casualty exposures and coverage, with the ability to further develop themselves and mentor the wider team as the book grows
• Understands and is comfortable developing and leading a strategy focused on smaller, niche risks while scaling into lower middle market opportunities
• Proven track record of generating new leads, applying sound judgement to a broad range of situations and opportunities, and building a substantial portfolio of business from a small base
• Ability to attract business from existing relationships and to nurture and develop new relationships
• Appreciation of both the subjective and objective aspects to underwriting risk and a willingness to justify decision-making processes at the highest levels in the organization
• A broad understanding of market trends and nuances
• Proven ability to generate an underwriting profit
• Integrity in all internal and external relationships
• A shared focus on expense management and managing the overall business operations to maximize shareholder returns
• Uses data and facts to inform decisions

 

Other Personal Attributes:

• Motivated, self-starter with an entrepreneurial mindset
• Excellent verbal and written communication skills, with strong decision-making capability
• Professional, insightful, and confident when managing varying stakeholders
• Strong organizational skills and the ability to plan ahead
• Keen attention to detail, highly analytical and excellent problem-solving capability
• Technical expertise & capabilities within your field
• Results-oriented with a growth mindset
• Dedicated and consistent

What you can expect from us

We offer a vibrant, entrepreneurial and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.

We’re committed to creating a diverse, equitable and inclusive workplace where all employees thrive. Whatever differences set you apart, whether visible or invisible, you will be welcome at Hamilton. 

 

Hamilton offers a hybrid approach to flexible working.

Join us and you’ll be in good company with Hamilton.

Hamilton offers a competitive salary with an annual performance-based target bonus and a comprehensive benefits package, to include:

 

• Hybrid working
• Matching 401K plan
• Medical, dental, vision, life, disability
• Generous time off (including parental leave)
• Continued support for professional development
• Gym subsidy
• My day (additional days leave for personal interests/wellness/charity work)

In good company.

 

Hamilton Insurance Group (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

 

This underwriting leadership role is within Hamilton Select, Hamilton Insurance Group’s US Excess & Surplus (E&S) Lines company.  Headquartered in Richmond, VA, Hamilton Select distributes E&S products exclusively through wholesale brokers. Our underwriters leverage advanced technology and deep expertise to deliver fast, frictionless service to our trading partners with a clear focus on SME and Lower Middle Market risks.

 

Headquartered in Bermuda, Hamilton Insurance Group has over 600 employees with key underwriting operations in London, Bermuda, Dublin, Richmond VA and other parts of the US. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.