VP/SVP, Products Liability & Contractors Division Manager

Hamilton is a global specialty insurance and reinsurance company focused on underwriting expertise. They are seeking a VP/SVP, Products Liability & Contractors Division Manager to lead the underwriting division, manage relationships with brokers, and develop underwriting guidelines and strategies.

Responsibilities:

• Lead Hamilton Select’s Products Liability & Contractors Division, including the ongoing development of underwriting guidelines, rates, coverage forms & endorsements, and applications for insurance
• Active involvement in the marketing of Hamilton and our Products Liability & Contractors while working to appoint new wholesale brokers
• Partner with the Technology team to pursue the design and ongoing improvement of Hamilton’s quote systems, data capture, and general use of information technology
• Drive the general use of technology to produce superior profit and establish an ease-of-doing business reputation with our appointed trading partners
• Establish and monitor key performance metrics to ensure best-in-class operating effectiveness
• Collaborate with internal support functions to establish effective processes and procedures to maximize efficiency and accuracy in all of our operation
• Establish and maintain underwriting standards and discipline to ensure the delivery of profitable results
• Assist in the successful placement of targeted reinsurance in support of the Products Liability & Contractors division
• Grow and develop high-level market relationships with brokers
• Ensures team compliance with applicable letters of underwriting authority and compliance with applicable state rules and regulations
• Use critical thinking skills to negotiate terms
• Assist in training and mentoring of new employees

Requirements:

• An established leader with demonstrable underwriting experience handling Products Liability & Contractors lines
• Strong technical knowledge of Products Liability & Contractors exposures and coverage, with the ability to further develop themselves and mentor the wider team as the book grows
• Understands, is comfortable with, and able to develop and lead a business strategy that focuses on writing smaller, niche lines
• Proven track record of generating new leads, applying sound judgement to a broad range of situations and opportunities, and building a substantial portfolio of business from a small base
• Ability to attract business from existing relationships and to nurture and develop new relationships
• Appreciation of both the subjective and objective aspects to underwriting risk and a willingness to justify decision-making processes at the highest levels in the organization
• A broad understanding of market trends and nuances
• Proven ability to generate an underwriting profit
• A shared focus on expense management and managing the overall business operations to maximize shareholder returns
• Motivated, self-starter with an entrepreneurial mindset
• Excellent verbal and written communication skills with proven decision-making skills
• Good management, coaching and mentoring skills
• Approachable and able to clearly market business
• Professional, insightful, and confident when managing varying stakeholders
• Able to work autonomously with strong organizational skills and the ability to plan ahead
• Keen attention to detail, highly analytical and excellent problem-solving capability
• Demonstrates an understanding and capacity to engage in the negotiation process effectively
• Technical expertise & capabilities within your field
• Ability to productively leverage data and technology
• Open, innovative and inclusive mindset
• Collaborative spirit
• Results-oriented and growth mindset
• Pursuing or holding the CPCU designation is desired