Job Description
At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.
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.
Equal Opportunity Employer
Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.
If your application is selected, you will receive an email directly from the Coaction Recruiting Team at asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.
Originally posted on Himalayas
