[Hiring] SVP, Underwriting - E&S Property @Palomar

Role Description

We are seeking a Senior Vice President, E&S Property to optimize, build and lead our Excess & Surplus Lines property portfolio. This executive owns the P&L, underwriting strategy, and team for a book that spans primary and ground-up, excess, layered and shared property placements, including catastrophe-exposed and non-catastrophe risks, written exclusively through wholesale distribution. You will set underwriting appetite, drive profitable growth, and build a high-performing team in a market that rewards discipline, speed, and technical rigor.

What will you do:

• Portfolio and P&L Leadership:
  • Own the underwriting results, growth, and profitability of the E&S Property portfolio, including premium, loss ratio, and expense targets.
  • Develop and execute a multi-year strategy covering product, geography, class of business, and wholesale distribution.
  • Balance the portfolio mix across primary & ground-up, excess, layered and shared structures, deploying capacity where risk-adjusted returns are strongest.
  • Manage rate adequacy, terms and conditions, and attachment points in response to market cycles.
• Underwriting Excellence:
  • Establish underwriting guidelines, authority levels, and referral protocols for each placement structure.
  • Oversee pricing, risk selection, and exposure management, including CAT-exposed zones (wind, quake, convective storm, wildfire, flood).
  • Set line size and participation strategy for layered and shared programs, including position within the tower, attachment and exhaustion points, and alignment with other markets on the program.
  • Evaluate excess and layered exposures with attention to underlying limits, loss-sensitive terms, and drop-down and follow-form provisions.
  • Partner with actuarial, catastrophe modeling, and reinsurance teams to manage aggregates, PMLs, and capital usage.
  • Review and approve large or complex accounts and maintain a hands-on technical presence.
• Distribution and Market Presence:
  • Build and maintain strong relationships with wholesale brokers and their retail partners.
  • Represent the company at industry events and with key trading partners.
  • Identify new wholesale distribution opportunities and strategic relationships.
• Reinsurance and Capital Management:
  • Collaborate with Ceded Reinsurance on treaty structure, renewals, and reinsurer relationships, and ensure the portfolio aligns with the reinsurance program.
• People and Operations:
  • Recruit, develop, and retain underwriters, underwriting assistants, and leaders.
  • Foster a culture of accountability, collaboration, and continuous improvement.
  • Partner with Claims, Operations, Technology, Compliance, and Finance to improve workflow, data quality, and turnaround times.
  • Ensure compliance with surplus lines regulations, filing requirements, and internal controls.
  • Work closely with the Head of Marine and Property on divisional strategy, capital allocation, and cross-line portfolio management.

Qualifications

• 15+ years of commercial property underwriting experience, with 8+ years in E&S/wholesale is highly preferred.
• Demonstrated experience underwriting primary & ground-up, excess, layered and shared property business.
• 5+ years in a senior leadership role managing underwriting teams and a P&L.
• Deep knowledge of property coverages, CAT exposures, modeling tools (e.g., RMS, AIR/Verisk), and valuation practices.
• Strong understanding of reinsurance structures (quota share, per-risk, CAT XOL) and their impact on portfolio management.
• Proven track record of profitable growth and strong wholesale broker relationships.
• Bachelor's degree in business, finance, risk management, or a related field.

Requirements

• Preferred CPCU, ARM, or other professional designations.
• Experience launching new products or building underwriting platforms.
• Familiarity with analytics-driven underwriting and portfolio management tools.
• MBA or advanced degree.

Benefits

• Full Suite of Medical Benefits.
• Long Term Financial Incentives – STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions.
• Competitive PTO + Holiday Program.
• Lifestyle Spending Allowance.
• Professional Development Assistance.
• Career Exploration Opportunities.
• Regular company-wide social events (even virtually!).

Company Description

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.