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Head of Executive Risk Insurance (Management Liability)

Coalition

Coalition

New York, NY, USA
Posted on Thursday, June 13, 2024

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, Gympass, 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 are proud to have been named among Inc.’s Best Workplaces in 2021 and 2023 and one of Fast Company’s Most Innovative Companies in 2022.

We’re always looking for collaborative, inquisitive individuals to join #OurCoalition.

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Privacy Notice

Coalition is committed to protecting your privacy. We want you to understand what personal information we collect and how we use it. We also want you to understand your options regarding our collection, use, and disclosure of such information and your ability to access and correct such information. As the leading provider of active insurance, Coalition is required to adhere to certain local regulations, including U.S. federal and state laws that protect your information and our use and disclosure of it.

Information submitted, collected, and processed as part of your application is subject to Coalition's Privacy Policy.

Anti-Discrimination Notice

Coalition is proud to be an Equal Opportunity employer. It is our policy to provide equal opportunity to all individuals seeking employment without regard to race, color, religion, religious creed, national origin, age, sex, marital status, ancestry, physical or mental disability, military or veteran status, gender, gender identity, gender expression, sexual orientation, medical condition, genetic information, or any other protected category under federal, state, or local law. We also prohibit harassment or discrimination of applicants based on the above-protected categories. This policy covers all aspects of employment, including but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination of employment.

Accommodations

Coalition complies with US federal and state disability laws. Our policy is to provide reasonable accommodations to qualified individuals with disabilities, including applicants and employees unless the accommodation imposes an undue hardship. Contact us by emailing candidateaccommodations@coalitioninc.com if you require reasonable accommodation to complete this application, interview, pre-employment testing, or participating in the employee selection process.

We consider qualified applicants, regardless of criminal histories, consistent with legal requirements.

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.