President & Chief Operating Officer

Job Description

Job Description

Build a New Insurance Carrier From the Ground Up

Our client is a newly licensed property and casualty insurance carrier focused on commercial multi-peril and surety products . Privately capitalized and built around a disciplined, service-driven model, the company is creating its underwriting philosophy, operating infrastructure, distribution strategy, and culture from the ground up.

This is a founding leadership opportunity for an experienced insurance executive who wants meaningful ownership of the business and the ability to directly influence its direction and success.

The President & Chief Operating Officer will have broad responsibility for underwriting performance, profitability, operations, distribution, regulatory execution, and organizational development . This is a hands-on leadership role-not simply a position that oversees established teams and infrastructure.

What You'll DoUnderwriting & Profitability

• Own overall underwriting performance , including loss ratio, expense ratio, and combined ratio .

• Establish underwriting guidelines, risk appetite, pricing discipline, and authority levels for commercial multi-peril and surety.

• Lead surety credit underwriting , including contractor financial analysis, work-in-progress evaluation, and bonding capacity decisions.

• Oversee commercial multi-peril underwriting , including class appetite, catastrophe aggregation, and exposure management.

• Monitor portfolio performance and make timely pricing, appetite, and risk-management adjustments .

• Maintain a growth strategy centered on profitable underwriting rather than premium volume alone .

Operations & Infrastructure

• Build and manage the company's operating model and infrastructure from the ground up.

• Establish efficient workflows for underwriting, policy issuance, bond execution, billing, claims, reporting, and customer service .

• Select, implement, and govern core insurance technology and policy administration systems .

• Establish high service standards for agents and policyholders, with particular emphasis on surety bond turnaround times .

• Determine the appropriate balance of internal and outsourced functions .

• Manage third-party administrators, actuarial consultants, technology providers, and other strategic vendors.

• Maintain disciplined control of operating expenses during the company's early growth stage.

Distribution & Business Development

• Develop and maintain relationships with retail agents, wholesalers, brokers, and surety producers .

• Establish the company's distribution strategy, agency appointment process, and producer network .

• Represent the client in the marketplace and with relevant insurance industry associations .

• Build a sustainable, disciplined growth strategy aligned with the company's underwriting objectives.

Financial, Regulatory & Risk Management

• Partner with the CFO and consulting actuaries on reserving, statutory reporting, financial planning, and profitability.

• Ensure compliance with applicable state insurance department requirements , including rate and form filings.

• Support the company's reinsurance strategy and participate in treaty negotiations.

• Manage capital and surplus utilization , premium-to-surplus leverage, and surety net retention.

• Support rating agency, Treasury certification, and other regulatory or financial processes as applicable.

• Maintain a strong understanding of statutory accounting, reserve adequacy, risk-based capital, and insurance-company financial requirements .

Executive Leadership & Governance

• Recruit, build, and lead the company's underwriting, operations, and service teams .

• Establish a culture centered on accountability, performance, discipline, and service .

• Set organizational priorities and performance standards as the company scales.

• Regularly report to the Board of Directors regarding financial performance, underwriting results, operational progress, and risk.

• Serve as an executive officer of the company, subject to applicable regulatory approval requirements .

What We're Looking ForRequired Qualifications

• 5+ years of progressive leadership experience within the property and casualty insurance industry .

• Demonstrated accountability for underwriting results, profitability, or a significant insurance profit center .

• Direct experience with surety, commercial multi-peril, or both .

• Proven ownership of a book of business, division, program, or insurance operation with responsibility for loss ratio and profitability.

• Working knowledge of statutory accounting principles, surplus, risk-based capital, and reserve adequacy .

• Experience building or managing insurance operations, systems, workflows, and service delivery .

• Established relationships with agents, brokers, wholesalers, or surety producers .

• Ability to satisfy applicable regulatory requirements for serving as an officer of a licensed insurer, including NAIC Biographical Affidavit and background verification requirements .

• Bachelor's degree or equivalent professional experience.

Preferred Qualifications

• Experience launching an insurance carrier, managing general agency, program, or new insurance division .

• Hands-on surety credit underwriting experience, including General Indemnity Agreements, collateral, and default resolution .

• Experience with reinsurance treaty structuring and negotiation .

• Experience selecting and implementing policy administration or insurance core systems .

• Professional designation such as AFSB, CPCU, or CPA .

• Active participation in relevant insurance industry associations such as SFAA, NASBP, NAMIC, or APCIA .

What Our Client Offers

• $200,000-$250,000 base salary

• Performance-based annual incentive

• Meaningful equity participation

• 401(k) with company matching

• Medical, dental, and vision coverage

• Paid time off

• The opportunity to build a P&C insurance carrier from the ground up

• Significant executive influence over underwriting strategy, operations, culture, and growth

Why This Opportunity Stands Out

This is an opportunity for an accomplished insurance executive to build rather than inherit .

The successful candidate will help establish the company's underwriting philosophy, operating infrastructure, distribution network, technology environment, leadership team, and culture -while maintaining direct accountability for underwriting profitability and operational performance.

If you have the insurance leadership experience, entrepreneurial mindset, and underwriting discipline to help build a carrier from day one, our client wants to hear from you.

\nCompany Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.

We’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.

Our Services
W3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.

We specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.

We are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.

Our Expertise
W3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.

As a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.

Company Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.\r\n\r\nWe’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.\r\n\r\nOur Services\r\nW3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.\r\n\r\nWe specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.\r\n\r\nWe are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.\r\n\r\nOur Expertise\r\nW3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.\r\n\r\nAs a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.