About this role
The Head of Inland Marine for Convex U.S. is a newly created, highly visible executive position reporting directly to Dan Kumpf, Chief Executive Officer. The successful candidate will build, launch, and lead the Inland Marine Underwriting Division from the ground up, shaping the company’s specialty lines strategy in the United States. The division will focus on U.S. specialized property and transit risks, targeting business lines that typically do not flow directly to the London market. Convex US interest include Construction Risks: Builders Risk, installation floaters, and heavy contractors’ equipment. Logistics & Transit: Motor truck cargo, transportation floaters, and warehouse legal liability. Specialty Property: Fine arts, musical instruments, medical equipment, and miscellaneous floater policies. The candidate will be charged with growing the portfolio on a profitable basis, as well as building and leading a team of best in class industry professionals. This position will have significant visibility and will serve as a key strategic driver for the organization’s future in the U.S., both in terms of the growth of the business and as an ambassador for the company’s remarkable culture. While the primary offices are in Princeton, NJ, the location for this role is flexible Leadership: The role will be responsible for directly recruiting, leading, coaching and developing the Convex U.S. Underwriting team. This position will work in close collaboration with Convex U.K and other capacity providers. Underwriters and Underwriting leadership in developing an aligned business plan and Underwriting appetite. The successful Candidate must be comfortable leading a start-up with the ability to attract top-tier Underwriting talent. This role will promote a working environment that fosters teamwork, innovation, and cooperation that operates well within Convex Group’s unique, values driven culture. Build: The role will be responsible for successfully building the Convex US Inland Marine platform. Develop Underwriting strategies and actions needed for a start-up including product development, pricing, and competitive analysis. Align and set up the optimal capacity mix including that of Convex UK for the product’s long term growth. Underwrite, maintain, and grow the portfolio in accordance with the Inland Marine business plan, strategy, authority levels and regulatory environment. Distribution: The role will be responsible for developing and maintaining relationships with Wholesale / Retail production sources to facilitate business growth and create relevance among key trading partners. Market and promote brand awareness across all lines of business. P&L Management: The role will be responsible for leading teams and collaborating with leadership to deliver the agreed top-and-bottom-line annual business plan with a target of delivering consistent underwriting profit that meets or exceeds agreed targets.