Note: The job is a remote job and is open to candidates in USA. Emergent Holdings is a company focused on specialty insurance, and they are seeking a Programs Business Development Manager. This role is responsible for identifying and advancing new delegated underwriting authority program opportunities while ensuring alignment with risk appetite and profitability targets.
Responsibilities
- Identify and evaluate new program opportunities through market relationships, brokers, and program administrators
- Conduct initial screening of opportunities to assess strategic alignment, underwriting appetite, portfolio fit, target segments, and distribution approach
- Lead due diligence of program administrators, including evaluation of underwriting practices, portfolio performance, operational capabilities, governance, reporting, claims practices, and third-party relationships
- Assess administrator alignment with carrier expectations and identify risks related to underwriting discipline, adverse selection, and sustainable growth
- Evaluate program opportunities from a portfolio underwriting perspective, including class mix, exposure profiles, rate adequacy, pricing strategy, profitability outlook, volatility, concentration risk, diversification benefits, and forms utilization
- Partner with actuarial and underwriting teams to validate assumptions and ensure programs align with enterprise risk appetite and return thresholds
- Develop Program Assessment Reports, including financial projections, profitability analysis, risk assessments, mitigation strategies, program profiles, and implementation steps
- Translate complex underwriting and financial data into clear, actionable recommendations for senior leadership review and approval
- Manage program opportunities through the full pipeline lifecycle, tracking milestones, dependencies, risks, and strategic priorities
- Support implementation and transition of approved programs by driving cross-functional alignment, developing execution plans, and ensuring launch readiness
Skills
- Bachelor's degree in insurance, business or a related field
- Minimum ten (10) years of Property and Casualty experience preferably in an underwriting and/or product development role
- Minimum of five (5) years of delegated underwriting authority capacity (carrier or program admin) experience; or prior experience/roles in where insurance portfolio evaluation was critical
- Excellent oral and written communication skills
- Excellent presentation and facilitation skills
- Demonstrated leadership and project management abilities
- Ability to make competent, independent decisions with minimal supervision
- Ability and proficiency in the use of computers and Company standard software specific to position
- Deep underwriting acumen with ability to evaluate performance at the portfolio level
- Strong understanding of program structures, economics, and controls within delegated authority models
- Advanced analytical and financial modeling capabilities
- Ability to assess administrator quality, underwriting discipline, and operational maturity
- Strong risk assessment and decision-making skills in ambiguous environments
- Proven ability to influence cross-functional stakeholders without direct authority
- Advanced industry certification such as CPCU, ARE, et al
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