Alternative Risk Program Manager

General Descriptions: Establishes and maintains relationships with network of carriers and other partners to ensure Company’s service and revenue goals are met.

·        Responsible for full-cycle management and development of team.

·        Oversee team member workload and appropriate staffing levels.

·        Lead the development of reinsurance/quota share programs.

·        Develop pricing models for primary and excess reinsurance.

·        Manage the placement and purchasing of reinsurance for bespoke program capacity.  

·        Senior subject matter expert in alternative risk vehicles and applicable programs.

·        Provide management oversight for specific programs. Responsible for profit and loss.

·        Recommend the authority levels for underwriting staff, amendments, and enhancements to applicable program.

·        Underwrite complex assignments. Determine appropriate price and develop rate tables, terms and conditions.

·        Market company products and services through defined distribution sources.

·        Develop and maintain applicable agency, broker and direct account relationships.

·        Work with internal partners to execute program strategy. Ensure underwriting profitability and compliance in line with carrier and regulatory standards.

Knowledge, Skills and Abilities:

Bachelor’s degree in Finance, Business Administration or related study required. Master’s degree preferred.   

·        10+ years experience managing carrier relationships, reinsurance brokers and underwriting.

·        2+ years of management experience.

·        CPCU designation is a plus.

·        Experience building out insurance programs that involve reinsurance, captives and alternative risk transfers. 

·        Proficient in MS Office suite of products.

·        Experience developing and implementing sales and service goals.

·        Ability to develop and lead implementation of strategic business initiatives.  

·        Ability to provide market intelligence, consultation, and client-specific assistance to producers.