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Compensation

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Managing Director, Construction XS Risk About the Company Leading provider of casualty & property insurance services Industry Financial Services Type Public Company Founded 1810 Employees 10,001+ Categories • Financial Services • Carriers • Enterprise Software • Insurance Specialties • property and casualty insurance • mutual funds • group benefits • and group benefits Business Classifications • Enterprise • B2B About the Role The Company is in search of a Managing Director for its Construction XS business unit. The successful candidate will be tasked with developing and executing a growth strategy for the portfolio, including both organic growth and strategic acquisitions or partnerships. This role requires a leader with a strong underwriting background in the construction insurance industry, a proven track record in driving new product development and marketing initiatives, and excellent people management skills to build and lead a high-performing team. The Managing Director will also be responsible for ensuring the profitability of the business unit, maintaining disciplined underwriting standards, and managing expenses. Additionally, the role involves working closely with actuarial colleagues to develop and price construction XS products, leading sales and marketing efforts, and evaluating reinsurance opportunities to optimize the risk profile. Applicants for the Managing Director position at the company should hold a Bachelor's degree, with an advanced degree preferred, and have a minimum of 7 years' of relevant work experience. The role demands a candidate with a strong background in underwriting within the construction insurance industry, a demonstrated ability to lead teams and build talent, and excellent communication and interpersonal skills. The Managing Director will be expected to ensure regulatory compliance, both domestically and internationally, and to be proactive in seeking out and implementing innovative solutions to serve customers and the community. The company values a diverse and inclusive work environment and is dedicated to the professional and personal growth of its employees. Hiring Manager Title Chief Underwriting Officer Travel Percent Less than 10% Functions • Business Development • General Management • Strategy Confidential