Head of Executive Risk Insurance, Management Liability
Any location, United States
About us
Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines broad insurance coverage with a digital risk assessment and continuous security monitoring to help organizations protect themselves in today’s hyper-connected world.
Opportunities to make an impact with bold thinking are real - and happening daily.
About the role
We are looking for a seasoned and experienced insurance carrier executive to lead Coalition’s fast growing private company Executive Risks / Management Liability business unit. This individual will have leadership responsibilities over creating new insurance products, accelerating growth of existing products, achieving loss ratio and profitability targets, establishing and managing senior level relationships with brokers and channel partners, and cultivating and building relationships with carrier partners. The Head of Executive Risks must be well versed in building profitable books of business, managing small to large sized production-oriented teams, claims, and sales teams. The person in this role will be part of Coalition’s insurance leadership team and be expected to be a subject matter expert as well as operate at an executive level.
This is a fully remote position.
Responsibilities
- Accelerate growth of Executive Risks lines; current products private and not-for-profit D&O, EPL, Crime, and Fiduciary lines
- Lead and mentor a national, remote team of underwriters, salespeople, and associated support functions
- Work closely with technology (product and engineering), broader Coalition sales organization, claims, and other insurance functions to build, maintain, and grow premium
- Develop and manage new senior level relationships with brokers and channel partners; in-person travel to key strategic relationships is expected
- Manage existing broker and channel partner relationships alongside cyber counterparts
- Build and maintain carrier / capacity relationships in new and existing MGA and reinsurance programs
- Ensure consistent underwriting and building a profitable book of business
- Manage quarterly and annual budgeting and targets
- Create, manage, and design organizational growth model to allow Executive Risks to scale from current levels to a $500M+ premium business
- Exhibit a thorough understanding of the Executive Risks marketplace and trends, Coalition’s capabilities, and corporate vision
- Represent Coalition at an executive level at industry events and conferences
Skills and Qualifications
- 10+ years of Executive Risks underwriting and leadership experience (private and public companies)
- Demonstrated track record of success in building teams and growing premium at accelerated pace to achieve monthly, quarterly, and annual goals
- Prior experience in managing and/or working cross functionally across small to large insurance teams (underwriting, sales, claims, actuarial, etc.)
- Strong sales, communication and marketing skills are critical; must be able to demonstrate success with managing tight time frames and
- Deep understanding of Executive Risks markets and trends including coverage, underwriting, and segmented loss history
- Negotiation, relationship-building, and influencing skills, and a creative approach to challenges and opportunities
- 4-year college degree preferred
Compensation
Our compensation reflects the cost of labor across several US geographic markets. The US base salary for this position ranges from $250,000/year in our lowest geographic market up to $350,000/year in our highest geographic market. Consistent with applicable laws, an employee's pay within this range is based on a number of factors, which include but are not limited to relevant education, skills, job-related knowledge, qualifications, work experience, credentials, and/or geographic location. Your recruiter can share more on target salary for your location during the interview process. Coalition, Inc. reserves the right to modify this range as needed.
Perks
- 100% medical, dental and vision coverage
- Flexible PTO policy
- Annual home office stipend and WeWork access
- Mental & physical health wellness programs (One Medical, Headspace, Wellhub, and more)!
- Competitive compensation and opportunity for advancement
Why Coalition?
We’re a remote-first, mission-driven team committed to building a more inclusive culture with people of all different backgrounds. We trust our team members to take responsibility, share ownership, and put in the work to help us in our pursuit to solve digital risk.
Coalition’s exceptional growth stems from its ability to address real-world problems for organizations of all sizes and remain true to our founding values of character, humility, responsibility, purpose, authenticity, and inclusion.
We’re always looking for collaborative, inquisitive individuals to join #OurCoalition.
Privacy Notice
Coalition is committed to protecting your privacy and handling your personal information responsibly. We collect, use, and store personal information as necessary for the recruitment process and in compliance with applicable privacy laws and regulations in all regions where we operate. We want you to understand what personal information we collect, how we use it, and your rights regarding access, correction, and deletion of your data where applicable. Information submitted, collected, and processed as part of your application is subject to Coalition's Privacy Policy. For further details, please review our full Privacy Policy or contact us with any questions regarding how your information is handled.
Anti-Discrimination Notice
Coalition is proud to be an Equal Opportunity employer. Our policy is to provide equal employment opportunities to all individuals, without discrimination or harassment on the basis of any characteristic protected by applicable laws in each country where we operate. This commitment includes, but is not limited to, ensuring equal treatment in recruitment, selection, training, promotion, transfer, compensation, and all other aspects of employment. Coalition does not tolerate discrimination or harassment of any kind, and we are dedicated to fostering an inclusive and supportive workplace.
Accommodations
Coalition is committed to providing reasonable accommodations to qualified individuals with disabilities, including applicants and employees, in accordance with applicable laws and regulations in each country where we operate. Our policy is to support equal opportunity in the hiring process by considering qualified applicants regardless of disability or other protected characteristics, unless providing accommodation would impose an undue hardship or disproportionate burden. If you require accommodation to complete an application, interview, pre-employment testing, or participate in the selection process, please contact us at candidateaccommodations@coalitioninc.com. We also consider all qualified applicants, including those with criminal histories, in line with applicable laws and regulations in each jurisdiction.
To all recruitment agencies: Coalition does not accept unsolicited agency resumes. Do not forward resumes to our email alias, employees, or other physical or virtual organization locations. Coalition is not responsible for any fees related to unsolicited resumes.
ApplyJob Profile
Fully remote Fully remote position
Benefits/PerksAnnual home office stipend Competitive compensation Flexible PTO Flexible PTO policy Fully remote Fully remote position Growth Opportunities Home office stipend Impactful work Medical, Dental and Vision coverage Opportunity for advancement Wellness programs WeWork access
Tasks- Accelerate product growth
- Build carrier partnerships
- Lead executive risks business unit
- Manage broker relationships
- Oversee underwriting and budgeting
Actuarial Budgeting Claims Communication Compliance Coverage Executive Risk Executive risks underwriting Influencing Insurance Insurance coverage Leadership Marketing Negotiation Product Development Relationship building Risk Assessment Sales Security Monitoring Team Management Underwriting
Experience10 years
Education4-year college degree Engineering
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9