Vice President Energy Underwriting

Posted 5 Hours Ago
Be an Early Applicant
4 Locations
Remote
205K-275K Annually
Expert/Leader
Industrial
The Role
Lead and scale Coaction's in-house energy underwriting platform for upstream and midstream risks. Develop underwriting strategy, source and launch products, manage capacity/limits, expand reinsurance and distribution relationships, and drive profitable growth while aligning portfolio decisions with corporate objectives. Represent the company externally and collaborate with internal stakeholders and technical teams.
Summary Generated by Built In

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 [email protected] asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.

Skills Required

  • Deep expertise in upstream and midstream property and casualty energy underwriting
  • Established credibility and relationships with reinsurance and capacity providers
  • Proven track record of profitable underwriting and building/managing a profitable book of energy business
  • Strong technical command of energy exposures, policy forms, pricing, capacity deployment, limits management, and portfolio aggregation
  • Direct underwriting experience across CGL, Umbrella/Excess, Commercial Auto, Workers' Compensation, Control of Well policies and/or Energy Package business
  • Deep familiarity with the US energy insurance market on primary and excess basis
  • Established relationships across retail and wholesale producers and domestic/international reinsurance partners
  • Strong leadership, communication, negotiation skills, and presence to represent the company externally
  • Ability to operate strategically while being hands-on in underwriting execution and individual risk assessment
  • Demonstrated sustained profitable growth and effective renewal portfolio management
  • Discipline to balance growth with underwriting profitability and opportunistic capacity deployment
  • Willingness and ability to travel as needed to meet distribution partners, insureds, and stakeholders
  • Active engagement with market trends, data, competitive conditions, emerging risks, and loss activity
  • Initiative to advance technology stack through collaboration with internal technical experts and third-party software and data providers
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The Company
Alpharetta, Georgia
447 Employees
Year Founded: 2009

What We Do

Coaction Global (Coaction) is an A.M. Best “A-“ (Excellent)-rated, property and casualty (P&C) insurance company. Founded in 2009 as ProSight Global, Coaction today is a specialty underwriter providing property, casualty, entertainment, executive liability, and multi-line coverages to U.S. customers via open brokerage and delegated underwriting authority platforms. Coaction’s authentic, results-oriented culture is reflected in the company’s focused approach to fulfilling individual customer needs by combining product, analytics, and underwriting capabilities with strong industry knowledge and partnerships. Through data-driven insights and collaboration, the company coacts with customers and partners to rationally manage risk for a more confident and sustainable future

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