VP, Underwriting – Energy

This is a fully remote position, open to applicants in Arizona, +2 more states.

📋 Description

• Develop and enhance Coaction's proprietary energy underwriting platform, with a primary focus on upstream and midstream risks.

• Act as the representative face of Coaction's internal energy expertise.

• Oversee and optimize a significant existing delegated partnership.

• Propel profitable growth within a strategically important sector.

• Formulate and implement disciplined underwriting strategies.

• Expand new business opportunities by identifying, evaluating, and launching new Coaction energy offerings.

• Direct capacity and limits management initiatives.

• Sustain, utilize, and broaden reinsurance and distribution partnerships.

• Ensure alignment of growth, risk appetite, pricing, authority, and capacity decisions with corporate goals.

• Collaborate with ongoing delegated energy programs to ensure coherence with the wider corporate strategy.

• Engage with distribution partners, insured clients, risk managers, and internal stakeholders as necessary.

⛳️ Requirements

• Senior-level energy underwriting expert with extensive knowledge of upstream and midstream property and casualty risks.

• Established credibility with reinsurance and capacity providers, highlighted by a history of profitable underwriting practices.

• Strong technical understanding of energy risks, policy structures, pricing strategies, capacity allocation, limits management, and portfolio aggregation.

• Innovative thinker capable of leveraging Coaction's strengths to create and develop unique offerings.

• Professional presence and authority to represent the company effectively in the market.

• Proven expertise in establishing and managing a profitable energy business portfolio.

• Excellent leadership, communication, and negotiation abilities.

• Comfortable working strategically while being actively involved in underwriting execution and individual risk evaluations.

• Extensive knowledge of the US energy insurance landscape, both on a primary and excess basis.

• Well-established connections across the US energy insurance market, including retail and wholesale producers as well as domestic and international reinsurance partners.

• Highly disciplined and results-driven, with the ability to balance growth with underwriting profitability and to deploy capacity in an opportunistic manner.

• Proven record of sustained profitable growth and effective management of renewal portfolios.

• Willingness and capability to travel as required.

• Active involvement with trends, data, competitive conditions, emerging risks, and loss activity within the energy market.

• Proactive in advancing the technology framework through collaboration with technical experts and external 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 coverage.

• Dental benefits.

• Retirement plan.