Ascot Group · 7 hours ago
Assistant Vice President, Program Manager-Portfolio Solutions
NEW YORK, NY, United States
Full-time
Hybrid
Mid, Senior Level
$170K/yr - $190K/yr
7+ years expAscot Group is one of the world’s preeminent specialty risk underwriting organizations. The Assistant Vice President, Program Manager – Portfolio Solutions will support underwriting strategies and manage relationships with Program Managers, focusing on portfolio management and distribution to achieve growth objectives.
Insurance
Responsibilities
Support PSG by identifying target specialty classes of business that complement our various direct underwriting operations and align with the desired mix of businesses between short, medium, and long tail business
Building a balanced portfolio across various specialty segments
Align to all reinsurance, operational, actuarial, risk and claims strategies and protocols
Support the established distribution plan
Support the identification of target relationships and work to cultivate these in pursuit of growth objectives
Participate in the due diligence process for new programs in co-ordination with Project Manager
Support the establishment of client service standards at the inception of each portfolio opportunity
Negotiate and maintain all Program Management Agreements per Ascot standards
Conduct regular audits as per the agreed schedule with portfolio partners
Manage assigned referrals outside of delegated authorities. Such management may include collaboration with key underwriting personnel residing in other Ascot divisions
With the support of various Ascot teams, conduct regular portfolio analysis, peer review and measurement of key performance indicators as established at program inception
Summarize findings and implement underwriting strategies to maintain profit objectives
Establish and maintain a robust, efficient, and modern operating platform
Engage with Legal, IT, Claims, and other support services to ensure a robust operating platform in the due diligence, onboarding, and oversight phases
Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability
Qualification
Required
Strong underwriting and portfolio management skills
7 plus years of experience in program/underwriting management
Experience with Casualty or Property required
Excellent communication, organizational and time-management skills
A self-starter, who is comfortable working independently and 'rolling up their sleeves' and working collaboratively as a team
Strong analytic skills across core finance, actuarial concepts along with strong data skills
Ability to travel on business as needed
Benefits
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
Company
Ascot Group
Ascot Group provides underwriting services for the insurance sector.
1001-5000 employees
H1B Sponsorship
Ascot Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2023 (1)
2022 (2)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageTotal Funding
$350M2025-05-13Debt Financing· $350M
2024-11-13Private Equity
2016-09-16Acquired
Leadership Team
Jonathan Zaffino
Group Chief Executive Officer and President
Marc Amen
Chief Executive Officer, North America
Recent News
Life Insurance International
2026-01-09
2026-01-07
Life Insurance International
2026-01-06
Company data provided by crunchbase