Vice President of Underwriting
Presidential Innovation Fellows
United States
USD 180k-180k / year
Posted on May 7, 2025
Job Summary
The VP of Underwriting will oversee day-to-day underwriting to ensure profitable growth in the state of Texas and develop the appropriate underwriting processes for proper risk selection. Will collaborate with the VP of Product Management TX to establish underwriting guidelines and risk controls via the underwriting model. Functionality will include creating straight-thru-process rules, inspection guidelines, and underwriting vendor selection with expertise in the Texas market. The position also collaborate with the VP of Underwriting CA to promote consistency within the overall underwriting function and leverage consistent processes for economies of scale.
Duties/Responsibilities
Bamboo is committed to the principles of equal employment. We are committed to complying with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations.
The VP of Underwriting will oversee day-to-day underwriting to ensure profitable growth in the state of Texas and develop the appropriate underwriting processes for proper risk selection. Will collaborate with the VP of Product Management TX to establish underwriting guidelines and risk controls via the underwriting model. Functionality will include creating straight-thru-process rules, inspection guidelines, and underwriting vendor selection with expertise in the Texas market. The position also collaborate with the VP of Underwriting CA to promote consistency within the overall underwriting function and leverage consistent processes for economies of scale.
Duties/Responsibilities
- Build a new underwriting team for both admitted and E&S products.
- Oversees the daily workflow of the department.
- Institutes the appropriate processes that balance detailed risk review and expense.
- Provide strategic oversight into overall risk selection and individual property reviews.
- Conduct underwriting portfolio reviews to determine worse performing segments for additional controls or non-renewals.
- Performs other related duties as assigned
- Process-oriented individual.
- Strong analytical mindset with the ability to build appropriate business cases.
- Master people management skill set: Hiring, training, supervision, coaching, mentoring, and developing top talent.
- Excellent interpersonal, written, and verbal communication skills.
- Establish rapport, credibility, trust, and positive relationships with direct reports, including those working remotely.
- Ability to effectively plan and prioritize work activities.
- Create an environment that encourages and develops new ideas from employees and management peers.
- Bachelor’s degree in related field or equivalent experience.
- 15+ years of personal lines underwriting and/or product management experience.
- Current license credentials or certification.
- Supervisory experience, managing a team of at least four direct reports.
- 10+ years of homeowners’ line of business experience.
- Will require monthly travel with some additional travel depending on business needs.
- Prolonged periods of sitting at a desk and working on a computer.
Bamboo is committed to the principles of equal employment. We are committed to complying with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations.