VP, Underwriting – Energy
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Job Description
Energy underwriting executive building Coaction’s in-house upstream and midstream insurance platform. Driving profitable growth, delegated partnerships, reinsurance relationships, and underwriting strategy.
Responsibilities:
- Build and scale Coaction's in-house energy underwriting platform, focusing primarily on upstream and midstream risks
- Serve as the public face of Coaction's in-house energy capabilities
- Manage and optimize an existing key delegated partnership
- Drive profitable growth in a strategically vital segment
- Develop and execute disciplined underwriting strategies
- Grow new business by sourcing, assessing, and launching new Coaction energy products
- Lead capacity and limits management
- Maintain, leverage, and expand reinsurance and distribution relationships
- Align growth, appetite, pricing, authority, and capacity decisions with corporate objectives
- Coordinate with existing delegated energy programs to maintain consistency with broader corporate strategy
- Meet with distribution partners, insureds, risk managers, and internal stakeholders as needed
Requirements:
- Senior energy underwriting professional with deep expertise in upstream and midstream property and casualty exposures
- Established credibility with reinsurance and capacity providers, supported by a track record of profitable underwriting
- Strong technical command of energy exposures, policy forms, pricing, capacity deployment, limits management, and portfolio aggregation
- Creative thinker able to leverage CoAction's capabilities to define and develop differentiated offerings
- Presence and gravitas to represent the company in the marketplace
- Proven ability to build and manage a profitable book of energy business
- Strong leadership, communication, and negotiation skills
- Comfort operating strategically while being hands-on in underwriting execution and individual risk assessment
- Deep familiarity with the US energy insurance market on both a primary and excess basis
- Established relationships across the US energy insurance marketplace, including retail and wholesale producers and domestic and international reinsurance partners
- Highly disciplined and results-oriented, with the judgment to balance growth with underwriting profitability and to deploy capacity opportunistically
- Demonstrated track record of sustained profitable growth and effective renewal portfolio management
- Willingness and ability to travel as needed
- Active engagement with energy market trends, data, competitive conditions, emerging risks, and loss activity
- Initiative to advance the technology stack through collaboration with technical experts and third-party software and data providers
- Direct underwriting experience across CGL, Umbrella/Excess, Commercial Auto, Workers' Compensation, and Control of Well policies and/or Energy Package business
Benefits:
- Discretionary incentive bonus
- Paid time off
- Medical
- Dental
- Retirement
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