Managing Director, Construction XS Risk Job at Confidential in Boston

Managing Director, Construction XS Risk

About the Company

Leading provider of casualty & property insurance services

Industry
Financial Services

Type
Public Company

Founded
1810

Employees
10,001+

Categories

• Financial Services
• Carriers
• Enterprise Software
• Insurance

Specialties

• property and casualty insurance
• mutual funds
• group benefits
• and group benefits

Business Classifications

• Enterprise
• B2B

About the Role

The Company is in search of a Managing Director for its Construction XS business unit. The successful candidate will be tasked with developing and executing a growth strategy for the portfolio, including both organic growth and strategic acquisitions or partnerships. This role requires a leader with a strong underwriting background in the construction insurance industry, a proven track record in driving new product development and marketing initiatives, and excellent people management skills to build and lead a high-performing team. The Managing Director will also be responsible for ensuring the profitability of the business unit, maintaining disciplined underwriting standards, and managing expenses. Additionally, the role involves working closely with actuarial colleagues to develop and price construction XS products, leading sales and marketing efforts, and evaluating reinsurance opportunities to optimize the risk profile. Applicants for the Managing Director position at the company should hold a Bachelor's degree, with an advanced degree preferred, and have a minimum of 7 years' of relevant work experience. The role demands a candidate with a strong background in underwriting within the construction insurance industry, a demonstrated ability to lead teams and build talent, and excellent communication and interpersonal skills. The Managing Director will be expected to ensure regulatory compliance, both domestically and internationally, and to be proactive in seeking out and implementing innovative solutions to serve customers and the community. The company values a diverse and inclusive work environment and is dedicated to the professional and personal growth of its employees.

Hiring Manager Title
Chief Underwriting Officer

Travel Percent
Less than 10%

Functions

• Business Development
• General Management
• Strategy