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VP Underwriter, Financial Institutions Professional Lines (FI), US

Convex Insurance
WorldwideRemote1mo ago
Employment
Permanent Full Time
Seniority
Lead

About the role

Key Responsibilities

  • Active Underwriting: Directly manage the screening, evaluation, and pricing of high-complexity risks, including banks, asset managers, hedge funds, and private equity firms.
  • Business Solicitation: Proactively market the firm's FI capabilities to major brokerage houses and leverage existing relationships to solicit high-quality new business submissions.
  • Technical Excellence: Act as a "referral point" for complex technical queries, providing expert judgment on policy wording, terms, and conditions to ensure profitability.
  • Portfolio Development: Work directly with executive leadership to refine the FI underwriting framework, risk appetite, and long-term growth strategies.
  • Market Representation: Represent the company at industry events and client-facing due diligence meetings to build the brand's presence in the specialty insurance market.

Skills, Knowledge and Expertise

  • Experience: 5+ years of technical underwriting experience specifically within the Financial Institutions sector (D&O, E&O, Fiduciary, etc.).
  • Proven Production: A demonstrated track record of building and maintaining a profitable book of business through active broker solicitation and negotiation.
  • Education: Bachelor’s degree preferred; professional certifications relative to the position are a plus.
  • Advanced Skills and Competencies:
    • Expert-level ability to analyze complex financial statements and credit risk profiles. 
    • Superior negotiation skills with the ability to structure creative solutions for non-standard risks.
    • Demonstrates a self-motivated "hunter" mentality with the ability to operate autonomously.
    • Tech-savvy, highly organized, great with data, and comfortable navigating MS Office, cloud based apps, and digital filing systems.
    • Asks probing questions and challenges conventional thinking to drive innovation. 
    • Possesses a growth mindset, conducting independent research to deepen knowledge and solve complex problems.
    • Brings a collaborative, long-term mindset and operates with a high level of integrity.

Perks & benefits

  • Equity Compensation

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