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VP Underwriter, Financial Institutions Professional Lines (FI), US
Convex InsuranceWorldwideRemote1mo 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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