Vice President Energy Underwriting

CoAction

$205K — $275K *
US-Anywhere
+ 4 other locationsRemote
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of experience in energy underwriting, particularly in upstream and midstream sectors.
  • Proven success in building profitable energy underwriting portfolios.
  • Strong relationships with reinsurance and capacity providers, backed by a track record of profitable operations.
  • Excellent grasp of energy policy forms, pricing strategies, and risk assessments.
  • Significant leadership experience with the ability to communicate and negotiate effectively with diverse stakeholders.
  • Hands-on experience with CGL, Umbrella/Excess, and Energy Package business.
  • Knowledge of current energy market trends and risk factors.

Responsibilities

  • Lead the development and scaling of Coaction's energy underwriting platform.
  • Design and execute strategic underwriting approaches to optimize risk selection.
  • Source and launch new energy insurance products to drive business growth.
  • Manage key relationships with reinsurance and distribution partners.
  • Align underwriting strategies with corporate goals and risk appetite.
  • Coordinate with existing delegated energy programs for consistency and effectiveness.
  • Be the face of Coaction's energy capabilities in the marketplace.

Benefits

  • Comprehensive health benefits including medical and dental coverage.
  • Paid time off to support work-life balance.
  • Retirement plan options to help secure financial future.
  • Discretionary incentive bonuses linked to performance.
Full Job Description

The Vice President of Energy will be instrumental in building and scaling Coaction's in-house energy underwriting platform, with a primary focus on upstream and midstream risks. This is a high-impact role for a seasoned energy leader who wants to shape a growing platform, serve as the public face of our in-house energy capabilities, manage and optimize an existing key delegated partnership, and drive profitable growth in a strategically vital segment for the company.

The VP of Energy will develop and execute disciplined underwriting strategies, grow new business through, the sourcing, assessing, and launching of new Coaction energy products, and lead capacity and limits management. The role is also responsible for maintaining, leveraging, and expanding the reinsurance and distribution relationships that are critical to the platform's success and scalability.

Working closely with executive leadership and key internal stakeholders, the VP will ensure that growth, appetite, pricing, authority, and capacity decisions remain aligned with corporate objectives. The role will also coordinate closely with Coaction's existing delegated energy programs to maintain consistency with the broader corporate strategy.

Candidate Profile

  • Senior energy underwriting professional with deep expertise in upstream and midstream property and casualty exposures
  • Established credibility with reinsurance and capacity providers, supported by a track record of profitable underwriting
  • Strong technical command of energy exposures, policy forms, pricing, capacity deployment, limits management, and portfolio aggregation
  • Creative thinker able to leverage CoAction's capabilities to define and develop differentiated offerings that win in the energy insurance market
  • Presence and gravitas to represent the company in the marketplace as a credible, disciplined, and responsive underwriting leader
  • Proven ability to build and manage a profitable book of energy business
  • Strong leadership, communication, and negotiation skills
  • Comfort operating strategically while being hands-on in underwriting execution and individual risk assessment
  • Deep familiarity with the US energy insurance market on both a primary and excess basis
  • Established relationships across the US energy insurance marketplace, including retail and wholesale producers and domestic and international reinsurance partners
  • Highly disciplined and results-oriented, with the judgment to balance growth with underwriting profitability and to deploy capacity opportunistically
  • Demonstrated track record of sustained profitable growth and effective renewal portfolio management
  • Willingness and ability to travel as needed to meet with distribution partners, insureds, risk managers, and internal stakeholders
  • Active engagement with energy market trends, data, competitive conditions, emerging risks, and loss activity — with the discipline to adjust strategy accordingly
  • Initiative to advance our technology stack through close collaboration with our in-house technical experts and third-party software and data providers
  • Direct underwriting experience across CGL, Umbrella/Excess, Commercial Auto, Workers' Compensation, and Control of Well policies and/or Energy Package business.

Salary range specific to for this role: $205,000-$275,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications.  In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement. 

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