New Program Development Leader jobs in United States
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USI Insurance Services · 6 hours ago

New Program Development Leader

USI Insurance Services is a results-driven leader with expertise in program development and production underwriting. The role involves developing proprietary and unique new programs that align with USI’s Retail Verticals, while also managing carrier relationships and ensuring underwriting profitability.

Commercial InsuranceConsultingEmployee BenefitsFinancial ServicesHealth InsuranceInsuranceRisk Management
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Growth Opportunities

Responsibilities

Develop a new program development plan in coordination with the Retail P&C Vertical Strategy
Collect and examine existing books of business
Leverage AI and other tech platforms to gather outside market information
Complete program submissions
Work with carriers to develop new proprietary programs and negotiate delegated underwriting authority, exclusivity, and compensation arrangements
Build underwriting and service capability in the Programs team
Develop pricing models for primary and excess property and casualty products
Responsible for the development of coverage forms and product filing experience
Partner with Retail vertical and sales leaders to promote new programs and provide training to producers
Provide management oversight for specific programs
Responsible for profit and loss
Recommend authority levels for underwriting staff, amendments, and enhancements to programs
Underwrite complex assignments
Determine appropriate prices and develop rate tables, terms, and conditions
Work with internal partners to execute program strategy
Ensure underwriting profitability and compliance aligns with carrier and regulatory standards

Qualification

Program developmentUnderwriting experienceCarrier relationshipsCPCU designationMicrosoft Office proficiencyMarket intelligenceCommunication skillsLeadership abilities

Required

10+ years of experience managing carrier relationships, reinsurance brokers, and/or underwriting
2+ years of supervisory experience
Bachelor's degree in finance, business administration or related field required
Experience building out insurance programs
Experience in form and rate filing as well as actuarial and program specific systems
Experience developing and implementing sales and service goals
Experience developing and managing programs with Fronting Carriers and Re-Insurance Treaties
Proficient in Microsoft Office suite of products
Ability to develop and lead the implementation of strategic business initiatives
Ability to provide market intelligence, consultation, and client-specific assistance to producers
Excellent verbal, written, and interpersonal communication skills

Preferred

Master's degree preferred
CPCU designation is a plus

Benefits

Medical
Wellness
Dental
Vision
401(k)
Flexible spending
Health savings accounts
Short and long-term disability
Life insurance
Paid time off policy
Paid family leave benefit
Paid holiday time

Company

USI Insurance Services

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USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services.

Funding

Current Stage
Late Stage
Total Funding
$1B
Key Investors
Kohlberg Kravis Roberts
2023-09-11Private Equity· $1B
2017-03-17Secondary Market
2017-03-17Acquired

Leadership Team

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Stew Gibson
Senior Vice President and Chief Information Officer
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Dave Petno
Vice President, Employee Benefits Consultant
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Company data provided by crunchbase