Hybrid VP/SVP, Products Liability & Contractors Division Manager

Posted 3 weeks ago

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About the role

  • VP/SVP, Products Liability & Contractors Division Manager leading underwriting division for Hamilton Select. Focused on developing guidelines and managing relationships with brokers in the US.

Responsibilities

  • Lead Hamilton Select’s Products Liability & Contractors Division, including the ongoing development of underwriting guidelines, rates, coverage forms & endorsements, and applications for insurance
  • Active involvement in the marketing of Hamilton and our Products Liability & Contractors while working to appoint new wholesale brokers
  • 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 operation
  • Establish and maintain underwriting standards and discipline to ensure the delivery of profitable results
  • Assist in the successful placement of targeted reinsurance in support of the Products Liability & Contractors division
  • 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
  • Use critical thinking skills to negotiate terms
  • Assist in training and mentoring of new employees

Requirements

  • An established leader with demonstrable underwriting experience handling Products Liability & Contractors lines
  • Strong technical knowledge of Products Liability & Contractors exposures and coverage, with the ability to further develop themselves and mentor the wider team as the book grows
  • Understands, is comfortable with, and able to develop and lead a business strategy that focuses on writing smaller, niche lines
  • 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
  • A shared focus on expense management and managing the overall business operations to maximize shareholder returns
  • Pursuing or holding the CPCU designation is desired

Benefits

  • 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)

Job title

VP/SVP, Products Liability & Contractors Division Manager

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

No Education Requirement

Location requirements

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