Mission US ยท 1 day ago
VP Capacity & Business Development
United States
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expMission US is a provider of turnkey solutions for entrepreneurial underwriters, focusing on delivering tailored insurance programs. The VP Capacity & Business Development will oversee the procurement of insurance capacity and business development, coordinating placements and managing complex insurance programs.
AccountingFinancial ServicesInsuranceRisk ManagementVenture Capital
No H1B
Responsibilities
Coordinate the development of new insurance programs for Mission, including gathering required information to develop submission documentation to assist placement and maintenance throughout the program life cycle
Work closely with program leadership to develop and design comprehensive insurance programs accretive to their operations and Mission
Prepare detailed underwriting submissions and ensure they meet the requirements of program carriers, reinsurance brokers, and reinsurance markets
Coordinate necessary supporting underwriting data with various internal resources and third parties, including but not limited to actuaries, attorneys, and regulatory bodies
Review and negotiate carrier agreements and contracts on behalf of the respective programs
Actively manage and negotiate program insurance and reinsurance renewal placements, ensuring successful terms to support long-term growth and profitability
Play a highly active role/relationship with clients via email, telephone, and face-to-face interactions, dealing with third party, underwriter, and market representative queries
Foster and maintain strong relationships with primary insurance carrier markets, reinsurance carriers, reinsurance brokers, and Lloyd's Syndicates
Must demonstrate a strong working knowledge of the insurance and reinsurance market, including fronting and hybrid insurance carriers
Demonstrate excellent technical knowledge and ability to communicate this to various audiences (Program Carrier and Reinsurance Underwriters, Reinsurance Brokers, Internal and external constituents)
Collaborate with Mission program leadership and external brokers to identify and qualify opportunities for business development
Assist in designing program structures with Mission leadership, and brokers to achieve desired outcomes and actualize new programs promptly
Ensure timely delivery and operationalization of insurance programs, working collaboratively with various stakeholders at Mission
Monitor and manage the performance of insurance and reinsurance programs to ensure they meet the expectations and needs of internal and external stakeholders
Implementation and monitoring of agreed business plans, including weekly or monthly business planning meetings/conference calls with program and Mission leadership on the status of required actions
Monitor underwriting and loss activity and implement pricing/coverage modifications as required in coordination with the Program leadership
Work with programs on 3rd party audit compliance and ensure timely corrective action is taken as required
Qualification
Required
Bachelor's degree in business, Finance, Insurance, or a related field from a four-year college or university
Minimum of 10 years of insurance industry experience, specifically underwriting, insurance placement, and program management
Proven relationships with primary insurance carrier markets, reinsurance carriers, and brokers
Proven client relationship management experience with C-Suite
Experience giving presentations to clients and internal groups
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Proficiency with financial and actuarial analytics, applicable to the profitability and viability of insurance programs
Ability to apply fractions, percentages, ratios, percentiles, and proportions to practical situations
Strong understanding of insurance and reinsurance markets, including Lloyd's Syndicates
Dynamic virtual and personal communication and negotiation skills, with the ability to build and maintain effective working relationships
Detail-oriented with strong organizational and project management skills
Must have the ability to work independently and as part of a collaborative team environment
This position will require at least 30% travel, including overnight stays
May require international travel
You must live in the United States and be authorized to work in the United States without requirement of employment sponsorship/visa
Preferred
Prior reinsurance experience is preferred but not required
CPCU or other industry professional designation desired
Other industry professional designation desired
Benefits
Medical, Dental, Vision
401K, 401K Match
Life and Disability Benefits
Unaccrued Paid Time Off
11 Paid Holidays
Employee Discounts
Employee Assistance Program
Educational Assistance Program
Employee Referral Program
Paid Parental Leave
Company
Mission US
Capital, Technology and Operational Resources to Help You Start Your Own Program.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
James Dwane
CEO
Recent News
Bishop Street Underwriters
2025-10-20
Reinsurance News
2024-02-09
Company data provided by crunchbase