What are the responsibilities and job description for the VP E&S Property position at Berkshire Hathaway GUARD Insurance Companies?
Overview
VP E&S Property
Berkshire Hathaway GUARD Insurance Companies is a P&C subsidiary of National Indemnity Company, supported by 1,200 employees. We write small commercial insurance solutions including workers compensation, business owners policies, commercial auto, commercial umbrella, professional liability, and personal lines including homeowners/personal umbrella with a national footprint, distributing its products primarily through independent retail agents with over $2.2 Billion of in-force premium. BH GUARD Insurance Companies are rated A (Excellent) by AMBest.
The VP E&S Property position will report directly to the Chief Insurance Officer. We are seeking a candidate with extensive product leadership experience, particularly in E&S lines. The ideal candidate will have demonstrated experience in writing single risk E&S business. This role demands a proactive approach to market monitoring and leadership within the E&S department. Candidates should possess a minimum of 8 years of relevant experience and be adept at communicating expertise effectively, adding immediate value to the E&S department.
Responsibilities
- Lead strategy for GUARD’s growing E&S Property portfolio
- Will have a leadership role in determining the organization’s
- Product mix
- Underwriting guidelines
- Natural catastrophe budget management and deployment
- Rating and forms management
- Oversee and manage all single-risk E&S underwriters in addition to strong influence over all delegated authority underwriting
- Help with the selection and implementation of requisite underwriting tools and systems
- Lead the development and management of shared and layered E&S property product
- Assist with post event loss evaluations for proper reserving prudency
- Collaborate with company CUO and organization leadership on strategy, top and bottom line delivery
- Review and approve underwriting decisions by team as needed
- Engage with and travel to key external partners/brokers and personally underwrite business as needed
Qualifications
- 8 years of E&S Property underwriting experience
- Thorough understanding of the E&S property insurance landscape including relationships with key trading partners
- Experience implementing new underwriting systems
- Management experience preferred
- Nat Cat management/budgeting experience
- Ability to advise on underwriting best practices and ensure compliance standards for E&S unit
- Mixed background of portfolio and single-risk underwriting preferred
