[Hiring] Head of Inland Marine @Convex Insurance

Role Description

The Head of Inland Marine for Convex U.S. is a newly created, highly visible executive position reporting directly to Dan Kumpf, Chief Executive Officer. The successful candidate will build, launch, and lead the Inland Marine Underwriting Division from the ground up, shaping the company’s specialty lines strategy in the United States.

• The division will focus on U.S. specialized property and transit risks, targeting business lines that typically do not flow directly to the London market.
• Convex US interests include:
  • Construction Risks: Builders Risk, installation floaters, and heavy contractors’ equipment.
  • Logistics & Transit: Motor truck cargo, transportation floaters, and warehouse legal liability.
  • Specialty Property: Fine arts, musical instruments, medical equipment, and miscellaneous floater policies.
• The candidate will be charged with growing the portfolio on a profitable basis, as well as building and leading a team of best-in-class industry professionals.
• This position will have significant visibility and will serve as a key strategic driver for the organization’s future in the U.S.
• The primary offices are in Princeton, NJ, but the location for this role is flexible.

Qualifications

• A Bachelor’s degree level education and/or CPCU designation.
• Minimum 15+ years in Underwriting and managing Inland Marine lines.
• Entrepreneurial and willingness to build a business from scratch.
• Proven ability to develop a 5-year product plan and go-to-market strategy.
• Capable of being hands-on with forms development and providing input for rating models.
• Proven ability to handle complex and multi-dimensional problems.
• Ability to translate broad strategic direction into actionable operational plans.
• Demonstrated ability to generate profitable new business.
• Strong producer following in Wholesale/Retail distribution channels.
• Experience with buying reinsurance and established relationships with capacity providers.
• Proficient at applying data analytics to drive Underwriting strategy.
• Ability to foster an environment of diversity, equity, and inclusion.

Requirements

• Demonstrated ability in leading, inspiring, and influencing high-performing Underwriting teams.
• Proven ability to drive performance by building an understanding of key drivers.
• Ability to think beyond individual P&L for mutual success in building a leading specialty MGU.

Benefits

• Competitive salary and performance-based bonuses.
• Flexible working location.
• Opportunities for professional development and growth.

Core Competencies

• Results Driven: Holds oneself and others accountable for achieving high levels of performance.
• Developing and Leveraging Relationships: Cultivating internal and external networks.
• Change Enablement: Quickly absorbing new information and changing dynamics.
• Impression and Communication: Highly articulate and able to convey important messages clearly.
• Empathy: Understanding and accurately assessing the reactions of others.
• Integrity: Adhering to strongly held principles and values.
• Entrepreneurial Drive: Quick to seize and capitalize on trends and opportunities.