SiriusPoint · 2 hours ago
Program Manager, NA P&C Insurance
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. The Program Manager, NA P&C Insurance will lead and manage all aspects of several portfolios of partner P&C MGUs/MGAs/Program Administrators, with a focus on Surety Programs and effective management of risk and profitability.
Responsibilities
Leading development of Property & Casualty (P&C) underwriting guidelines and Letters of Authority for MGUs/MGAs/Program Administrators and standards and procedures for those exceptions outside of the underwriting guidelines
Actively managing all Key Performance Indicators, including pricing objectives, profit improvement and combined loss ratio results
Partnering with key support units, including Finance, Actuarial, Claims, Legal, Compliance, Operations and IT to analyze issues, identify solutions and drive execution on challenges faced by company, partners and customers
For P&C MGUs/MGAs: supporting development of program and ceded business documents in conjunction with Underwriting, CUO and legal department
Develop new P&C products including research and development, underwriting guidelines, SERFF Support for internal or external filing resources, pricing and state submissions and approvals
Performing audits and conducting program reviews. Examining documents such as polices, application state endorsements, OFAC, plan documents and other documents necessary related to the writing of each programs business
Identifying and managing portfolio-level risks, issues and dependencies
Partnering with Legal/Compliance on legislative and regulatory topics impacting the P&C programs, including but not limited to data collection with programs, states and other entities for the accurate reporting of taxes, assessments and other compliance aspects of direct insurance
Supporting corporate accounting with the collection of data from individual programs including, premiums, states, limits, etc
Developing and maintaining relationships with MGUs/MGAs/Program Administrators
Closely monitoring market and program specific trends to assure program performance consistent with company expectations
Primary contact with each direct insurance program for all administrative, underwriting and service concerns or questions
Building and maintaining relationships with support units, brokers, and reinsurers to support the goals and objectives of company
Preparing monthly and quarterly management reports and other ad hoc reports as required
Supporting P&C new business initiatives and conducting the appropriate triage of new business opportunities
Assisting in training and developing staff
Providing expertise on coverage issues with Claims
Developing and leading marketing presentations to new and current agents/brokers
Leading and ensuring the successful completion of complex projects
Diagnosing and developing recommendations to solve unique business and customer challenges
Qualification
Required
10+ years of Property and Casualty Insurance experience in an underwriting and/or product role, preferably Surety
Strong analytical skills
Ability to develop analytical/dynamic underwriting models
Ability to efficiently identify the tools required for the task at hand and develop a product solution
Provide leadership to others which drives underwriting process improvement whether through technology, outsourcing or internal innovations
Strong intellectual curiosity and a desire to help others solve problems
Confidence in your skillset, desire to learn more and ability to make an impact
Highly entrepreneurial – experience working on the creation of new and emerging products for rapid entry into new markets
A natural inclination to work within a culture that is fast-paced and dynamic
Benefits
Medical
Dental
Vision
FSA Medical and Dependent care
Health Savings Account (HSA)
EAP
Basic Life and AD&D (company paid)
Basic Long-Term Disability (employer) paid-Taxable income
Employee paid Long Term Disability(voluntary)
Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
Travel assistance programs Company paid
401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
Gym reimbursement
Legal plan
Pet Insurance
Tuition reimbursement
Generous PTO
Flexible work arrangement
Fully stacked pantry on-site
Team outings
ERG Groups
Company
SiriusPoint
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world.