[Hiring] AVP, E&S Excess Casualty Underwriter @Genesis Resources

Role Description

Our client is investing heavily in the expansion of its U.S. E&S Casualty platform and is seeking experienced E&S Casualty Underwriters to join a rapidly growing team. This is an opportunity for an established underwriter who wants to build rather than inherit a book of business, leverage existing wholesale broker relationships, and have a meaningful role in the continued growth of a relatively new platform.

The Opportunity

• Join a growing E&S Casualty platform launched in 2022, built without a legacy portfolio of underperforming business.
• The team currently consists of approximately six underwriters, with plans to grow to approximately 30 underwriters over the next 3–5 years.
• The platform has grown from approximately $12M in premium to $67M and is targeting approximately $80M by year-end.
• Build and manage an individual book of business rather than simply inheriting an established portfolio.
• Work with significant autonomy while leveraging the resources, systems, and financial strength of a global insurance organization.
• The territory is largely determined by the underwriter's location and existing broker relationships, with a strong emphasis on major wholesale distribution partners.

The Book & Appetite

• Broad E&S Excess Casualty appetite across a variety of commercial industries and exposures.
• Key areas include Manufacturing, Distributors, Premises, Hospitality, and other complex commercial risks.
• Construction is handled by a separate team.
• Appetite is generally comparable to other leading E&S Casualty markets, with somewhat less emphasis on Habitational business.
• Underwriters have flexibility to write lead positions, participate on accounts where appropriate, and utilize facultative reinsurance when needed.
• Strong treaty reinsurance support provides additional capacity and flexibility.
• Opportunity to leverage established broker relationships and develop new relationships as the platform continues to expand.

New Business & Production

• Primary focus is building and growing an individual book of new business.
• General production expectation is approximately $6M in new business premium annually, although individual goals will vary based on experience, geography, relationships, and overall profile.
• Ideal candidate will have established relationships with major wholesale brokers and the ability to convert those relationships into meaningful production.
• Significant autonomy to develop a book aligned with the underwriter's market relationships and expertise.

The Ideal Candidate

• Experienced E&S Excess Casualty Underwriter with a proven track record of profitable underwriting.
• Strong wholesale broker relationships and credibility within the E&S marketplace.
• Demonstrated ability to generate and grow a book of new business.
• Comfortable operating in a growth-oriented environment where there is an opportunity to help shape the direction of the platform.
• Strong underwriting judgment and ability to evaluate complex casualty risks.
• Entrepreneurial mindset with the ability to take ownership of a book and operate independently.
• Collaborative approach and desire to be part of a team that is building something together.

Financial Performance

• Approximately $67M in current premium.
• Approximately $80M year-end premium target.
• Approximately 77% current combined ratio.
• 95% target combined ratio.
• Long-term plan to grow the underwriting team to approximately 30 underwriters over the next 3–5 years.

Why Join the Organization

• Significant commitment to the U.S. market, including more than $25M invested in systems and infrastructure improvements.
• Opportunity to join at a pivotal stage in the platform's development, with substantial investment and organizational support behind continued U.S. growth.
• Combines many characteristics of a startup — building a book, establishing relationships, helping shape a growing team — with the financial strength, A-rated paper, global infrastructure, and resources of a more than 100-year-old insurance organization.
• Significant autonomy from the organization's international headquarters, with the primary focus being profitable growth.
• Strong work/life balance and remote flexibility.
• Potential for international exposure and travel through the broader global organization.

Leadership

• The hiring leader brings a highly autonomous and collaborative management style to the team.
• Experienced underwriters are given the resources, coaching, and support they need to succeed without being micromanaged.
• The leadership philosophy emphasizes individual ownership, strong underwriting judgment, and building a cohesive team where people genuinely support one another.

Location

• The positions are fully remote, although the organization has a preference for candidates located in major metropolitan insurance markets where it could potentially establish offices as the platform continues to grow.