Location : New York, New York, United States
Who We Are
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A‑ (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.
Join Our Team
You will be The Chief Underwriting Officer of North America P&C Insurance . In this capacity, you will provide strategic leadership to the underwriting and program management teams across the SiriusPoint North America Insurance business. With direction from the Head of North America Insurance, you will be responsible for identifying opportunities to expand our product offerings, owning the execution of our underwriting appetite, acting as the steward of technical authority for property and casualty products, anticipating and reacting to market trends to drive profitability across the portfolio, and acting as liaison to the CUO office on strategic capital allocation. You will report directly to the Head of North America P&C Insurance, with a dotted line into the Group Chief Underwriting Officer.
A key aspect of this role is to embed deeper underwriting acumen within the North America Insurance business division to strengthen strategic portfolio management and technical / product oversight of delegated underwriting relationships. The business has been through a growth and build phase supported by shared technical expertise for the past two years, and we are now at a level of scale that necessitates more dedicated resource to bolster product development and MGA oversight. This role holder will be critical in ensuring we grow profitably by applying first‑class underwriting judgement. The role holder will also work closely with the Group CUO to refine and implement our global underwriting culture, fine‑tune our underwriting appetite and strengthen critical underwriting processes and guidelines to support the highest quality underwriting.
The successful candidate must have the flexibility to operate across a wide range of products and exposures : property, primary casualty, excess casualty, specialty casualty, and financial lines. Familiarity with reinsurance purchasing and the MGA market is preferred but not required. The ideal candidate will also have meaningful experience in the E&S space and a strong track record of strategic portfolio management.
In addition to proven deep technical skills, the successful candidate must be a credible leader of people and teams, who is committed to excellence and who will also support and contribute to an environment of continuous improvement. This is a highly visible role within the organization, and the successful candidate must have the credibility and gravitas needed to interact with the Group Executive Leadership Team, the Board, and key trading partners.
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 developing underwriting talent through training and empowerment.
Qualifications
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.Advanced degree and / or professional certificate in the re / insurance industry is desirable.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.Benefits
MedicalVisionFSA Medical and Dependent careHealth Savings Account (HSA)EAPBasic Life and AD&D (company paid)Basic Long‑Term Disability (employer) paid‑Taxable incomeEmployee paid Long Term Disability (voluntary)Company Medical Leave, Parental leave - 8 weeks full pay after 6 months of serviceVoluntary benefits : short term disability, Critical illness, Hospital Indemnity, AccidentTravel assistance programs Company paid401(k) 6 % safe harbor match, fully vested after two years, pre- and post‑tax contributions allowedEqual Employment Opportunity and Visa
We are a federal contractor and are required to collect information on disability status to comply with OFCCP regulations. We are not able to sponsor or take over sponsorship of an employment visa at this time.
As set forth in SiriusPoint’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.
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