Position Summary:
The Vice President, Property and Casualty Underwriting is responsible for developing underwriting strategies, policies and plans that grow the Property and Casualty business. The role collaborates with executive leadership to establish underwriting guidelines, policies, and procedures, ensures compliance with industry regulations, and optimizes risk management practices. They foster a culture of innovation, provide mentorship for talent development, and ensure a profitable underwriting approach.
Location:
Toronto - Ontario
What will your job entail?
Job Responsibilities: • Develops underwriting policies and strategies in alignment with the company’s overall goals and objectives and provides leadership to property and casualty underwriting teams. • Serves as the advisor for the executive leadership team, answers technical underwriting queries and inputs on strategic decisions that impact the underwriting business. • Translates strategic vision into impactful financial results, ensuring the business contributes to the organizational success while meeting the key financial indicators. • Partners with regional executives, underwriting teams, actuarial, legal and Claims teams to achieve long term strategic underwriting objectives. • Oversees the development of new insurance products within the underwriting portfolio, leveraging market insights, customer needs, and emerging industry trends. • Manages financial performance, develops, and monitors budgets, analyzes financial reports, and implements strategies to achieve financial targets. • Explores and implements technology solutions ensuring continuous improvement and increased efficiency. Drives underwriting excellence across the business by establishing and ensuring adherence to risk appetite, standards, and guidelines, and ensure rating and pricing adequacy. • Fosters a culture that promotes collaboration, innovation, diversity, and inclusion, successfully conducts talent acquisition, employee engagement and performance monitoring. • Liaises with regional managers and HR teams to implement tools and strategies that attract and retain top industry talent and develop high performing teams. • Provides training and mentorship to less experienced staff, focusing on underwriting approaches, compliance, policy documentation, administration, and other best practices. Work Experience and Education: • Bachelor’s degree or Master’s degree in Risk Management, Actuarial or Business Administration required. Any other related discipline or commensurate work experience considered. • 15+ years of experience in Property and Casualty insurance underwriting. • 7+ years of management experience. Licenses & Certifications: • State P&C and/or surplus line license is required. • Chartered Property Casualty Underwriter (CPCU) a plus.
Disclaimer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
