[Hiring] Head of Deadly Weapons Insurance @Convex Insurance

Role Description

The Head of Deadly Weapons Insurance is a newly created, highly visible position reporting directly to our Head of Crisis Management. The successful candidate will build, launch, and lead the Deadly Weapons insurance product that will sit alongside our other Crisis Management & Terrorism offerings. This role combines technical underwriting with product development, capacity management, and crisis management vendor integration.

The candidate will be charged with growing the portfolio on a profitable basis working as a Coverholder of both Convex UK and other select capacity providers. The candidate will build and lead a team of best-in-class industry professionals who will collectively grow a portfolio focused on deadly weapons and other war perils. While the primary offices are in Princeton, NJ, the location for this role is flexible.

Key Responsibilities

• Leadership:
  • Responsible for recruiting, leading, coaching, and developing the Convex U.S. Deadly Weapons Underwriting product and team.
  • Collaborate with Convex UK and other capacity providers’ Underwriters and Underwriting leadership in developing an aligned business plan and Underwriting appetite.
  • Comfortable leading a start-up with the ability to attract top-tier underwriting talent.
  • Promote a working environment that fosters teamwork, innovation, and cooperation within Convex Group’s unique, values-driven culture.
• Build:
  • Develop Underwriting strategies and actions needed for a start-up including product development, pricing, and competitive analysis.
  • Align and set up the optimal capacity mix including that of Convex UK for the product’s long-term growth.
  • Underwrite, maintain, and grow the portfolio in accordance with the Deadly Weapons plan, strategy, authority levels, and regulatory environment.
  • Build and manage a market-leading vendor ecosystem of crisis management support firms specializing in threat assessment and response along with other value-added services that can reduce claim severity and frequency.
• Distribution:
  • Develop and maintain relationships with Wholesale/Retail production sources to facilitate business growth and create relevance among key trading partners.
  • Produce proprietary marketing and brand collateral to promote Deadly Weapons insurance product and Convex US brand awareness across all lines of business.
• P&L Management:
  • Lead a small team of underwriters and collaborate with the Head of Crisis Management and other leadership to deliver the agreed top-and-bottom-line annual business plan.
  • Target delivering consistent underwriting profit that meets or exceeds agreed targets.

Qualifications

• Driving Results: Rigorously holds oneself and others accountable for achieving high levels of individual and organizational performance.
• Developing and Leveraging Relationships: Creating and cultivating internal and external networks of people who contribute to your success.
• Analytical Skills: Ability to handle complex and multi-dimensional problems, applying logic, analysis, and sound reasoning to solve those problems.
• Impression and Communication: Highly articulate and able to convey important messages in a clear and compelling manner.
• Empathy: Understanding and accurately assessing the reactions of others and incorporating those into actions and presentation.
• Integrity: Doing the right thing by others, having the courage of own convictions, and adhering to strongly held principles and values.
• Entrepreneurial Drive: Quick to seize and capitalize on trends and opportunities.