Vice President - Self Storage

Position SummaryThe Product Head is responsible for driving the underwriting strategy and aligning the supporting talent and capital to drive results for a given product. They build and/or contribute to the partnerships needed internally and externally to deliver. They provide transparency and ensure metrics and reporting on their product are source of truth. And they provide additional support to the MGU as relates to their product. This role collaborates with MGU President / MD to ensure they are delivering on targets. They promote a culture consistent with Ryan’s values and ensure a sustainable business result.What will your job entail?Job Responsibilities:Drive product underwriting strategy and align supporting talent and capital to drive results:Define the product-specific UW strategy consistent with capital provider appetite, premium expectations, mix (if applicable), permissible LR, etc.Manage execution of UW strategy, including production/performance by UWer and accountability on rateManage product line portfolio performance (premium, NB/renew, LR, loss drivers, geo mix, LOB mix, etc.), UW guidelines/referrals, compliance and 1st line of defenseMonitor and refine product offering, including geographic expansionDevelop and maintain pricing models and associated data with pricing actuarial teamArrange bespoke capital and coordinate within MGU and with RSUM on corporate capital partners, when neededAttract, develop and retain UW talent; cascade authority when appropriate given capital partner commitments; succession plan to sustainPartner both externally and internally to deliver:Identify and maintain other critical external partnerships (e.g., TPA relationships, service providers, data providers, etc.) needed to deliver on the value prop for the productPartner within RSUM on shared services (actuarial, legal, compliance, etc.) to define own needs and flag concernsProvide transparency on results and share best practices beyond own MGUProvide transparency as source of truth:Ensure portfolio metrics to monitor health of the product portfolio and support robust communication to RSUM stewardship and capital providers, aligned guidance and agreementsEnsure integrity of data in any product-related reporting or portfolio reporting as relates to the productProvide additional support to the MGU:Support distribution relations, as neededLead product-specific marketing, consistent with any overall (RSUM) guidanceSupport the development of business plans with projections of GWP for product(s)Support MGU staffing models and compensation strategies as related to productTrack production (daily/weekly/monthly/annually) and trends, flag divergence, and support updates to MGU forecastsSupport high quality & timely strategic and financial KPI management reporting as related to productEnsure integrity of data in any financial and metric reporting related to productEnsure operating plan and associated/enabling initiatives address needs of productWork Experience and Education:Bachelor’s degree or Master’s degree in Risk Management, Actuarial or Business Administration required10+ years of experience in Property and Casualty insurance underwritingLicenses & Certifications:State P&C and/or surplus line license is requiredIndustry designations like Chartered Property Casualty Underwriter (CPCU), ARM, AU-M, etc., are a plusTechnical Skills:Property and Casualty UnderwritingCommercial Lines UnderwritingMarket IntelligenceBusiness Portfolio ManagementPerformance ManagementFinancial ManagementTechnology SolutionsInsurance Industry KnowledgeInsurance Regulatory ComplianceKnowledge of Underwriting Systems and ToolsBehavioral Skills:Problem-solving: the ability to solve problems with rigor and efficiency, incorporate diverse perspectives and creativity, and drive sustainable impactInfluencing: builds trust-based relationships, communicates effectively with all audiences, and persuades others to actExecution: manages team to drive performance, executes in varying circumstances, and builds operational capabilities to drive impact at scalePeople: helps others grow, acts as role model in the pursuit of own development and growth, and elevates team performance through the environment createdEntrepreneurial mindset: ability to integrate relevant insights and expertise, create strategic opportunities that broaden impact, and embrace healthy risk-takingRyan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.How We Support Our TeammatesRyan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.The target salary range for this position is $154,770.00 - $180,000.00 annually.The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at View email address on click.appcast.io above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. #J-18808-Ljbffr Ryan Specialty Group