Chief Underwriting Officer - Richmond, VA
Chief Underwriting Officer for an MGA with programs specializing in General Liability, Professional Liability, Contractors Pollution Liability, Environmental Impairment Liability (Site Pollution Coverage), and Workers Compensation Coverage catering to both the environmental and construction industries. Responsibilities include maximizing underwriting profitability, driving successful product launches, and generating profitable business opportunities for the MGA. Candidate will manage the teams and oversee the production, pricing, and endorsements for new and renewal business. Location can be Richmond VA or NYC area.
Work with carriers to maintain a credible underwriting and marketplace distribution approach
• Work with Wholesale agents to maintain marketplace reputation and product stability
• Responsible for P&L responsibilities, establish adequate staffing plans, work with HR to hire proper staff.
• Salary is negotiable plus sizeable bonus based on the ability to generate combined profit from both program P&L's.
• Bonus dependent on profitable operations and management of P&L. Keep UW expense low and maximize UW revenues with a main goal as profitable underwriting.
• Sale Participation Agreement that vests over time if company ever sells (not equity)
Call for immediate consideration. Salary will depend on experience plus bonus eligible.
LaMorte Search Associates, Inc. is a National Insurance Executive Search firm. All searches are strictly confidential . 25 Plus years of recruiting excellence.
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