SiriusPoint · 5 hours ago
Chief Underwriting Officer, North America P&C Insurance
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. The Chief Underwriting Officer of North America P&C Insurance will provide strategic leadership to underwriting and program management teams, focusing on expanding product offerings and driving profitability while ensuring high-quality underwriting practices.
Responsibilities
Working with the Head of North America Insurance to define underwriting appetite for property and casualty product lines and develop a multi-year strategic product roadmap for this P&L that supports the overall Group strategy
Executing the underwriting appetite and risk selection within North America Insurance, based on Group underwriting appetite and strategy
Signing off, and/or delegating authority, on all delegated deals as core part of the due diligence process
Supporting delivery of a top and bottom-line business plan, supported by rigorous monitoring and evaluation of underwriting quality, exposures, rating, performance and profitability in coordination with the Group CUO across all lines of business
Strengthening technical underwriting capability across the North America Insurance business including within the program management oversight function
Ensuring appropriate systems and controls are in place and adhered to for the monitoring of underwriting activities, including exposure, income and aggregates in alignment with Group
Reviewing loss information to identify systemic issues within the portfolio
Setting and monitoring underwriting authority limits for underwriters and program managers based on direction set by Group CUO
Contributing as an active member of the North America Insurance leadership team and Group Senior Leadership Team
Participating in underwriting reviews, quarterly business reviews, reserving reviews and other executive forums, playing an active role regarding claims reserving, loss ratio forecasting, capital allocation and pricing
Ensuring a logical, reasoned and measured pricing methodology and risk selection for each line of business
Identifying and driving new product opportunities, overseeing the technical and pricing aspects of product development
Being responsible for signing off new policy wording and significant changes to existing manuscript wordings
Mentoring and develop underwriting talent through training and empowerment
Qualification
Required
10 or more years of technical underwriting experience with a reputable re/insurance carrier across a broad range of property, casualty, specialty and personal lines
Highly skilled business partner, able to challenge and stand ground when there is potential conflict of opinions
A track record of strong underwriting judgement
Results oriented focused on driving profitable growth
Ability to implement decisive change and be an advocate of technology to advance results and capabilities
Capacity to think strategically and act pragmatically to balance short-term and long-term results
Strong leadership skills; ability to establish and maintain credibility and to influence and build trust and work collaboratively
Team-orientated and enjoy contributing to the overall success of the company
Ability to collaborate in a multi-national, global company where capital allocation and underwriting appetite is managed across multiple jurisdictions and legal entities
Strong written and verbal communication skills, including the ability to effectively communicate technical information to varying audiences; a good listener and assimilator of ideas
Comfortable and skilled at operating in a matrix management structure
Possess a high degree of personal integrity, confidence and maturity, able to influence across all levels
Creative, proactive and innovative, with tenacity and decisiveness and the courage to take risks
Intellectually curious
Preferred
Familiarity with reinsurance purchasing and the MGA market
Advanced degree and/or professional certificate in the re/insurance industry
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.