Vice President - Personal & Commercial Line Insurance - Bermuda

The Opportunity

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Our client, a well-established insurance organization, is seeking an experienced and strategic insurance leader to oversee its Personal and Commercial Insurance operations.

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This executive leadership role is responsible for driving underwriting excellence, operational performance, portfolio profitability, and team development across multiple lines of business. The successful candidate will play a key role in shaping business strategy, enhancing underwriting discipline, supporting risk management initiatives, and fostering a high-performance culture.

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The ideal candidate is a collaborative and results-oriented leader with extensive experience in underwriting, insurance operations, and people leadership.

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Key Responsibilities

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Strategic Leadership & Business Management

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• Lead the execution of departmental objectives and long-term business strategies.
• Develop and implement operational plans that support profitability, growth, and service excellence.
• Monitor portfolio performance and recommend strategies to improve underwriting and business results.
• Contribute to broader organizational planning and strategic initiatives.

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Underwriting Governance & Risk Management

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• Provide oversight and direction regarding underwriting standards, risk selection, pricing adequacy, and portfolio management.
• Conduct regular underwriting reviews to ensure consistency with established guidelines and risk appetite.
• Evaluate underwriting practices and implement enhancements where necessary.
• Support the ongoing development of underwriting tools, authority structures, and operational frameworks.
• Assist with risk transfer and reinsurance strategies as required.

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Team Leadership & Development

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• Lead, mentor, and develop underwriting and operational teams.
• Support recruitment, onboarding, performance management, and succession planning initiatives.
• Foster a culture of accountability, collaboration, and continuous improvement.
• Ensure service standards and underwriting expectations are consistently achieved.

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Operational Oversight

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• Monitor operational performance through reporting, analytics, and quality assurance activities.
• Conduct audits and reviews to ensure compliance with internal standards and regulatory requirements.
• Work collaboratively with claims, underwriting, and operational teams to improve client outcomes and service delivery.
• Develop and maintain key performance metrics to support business decision-making.

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Relationship Management

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• Build and maintain strong relationships with clients, business partners, insurers, reinsurers, and key stakeholders.
• Support business development initiatives and identify opportunities for growth.
• Participate in leadership meetings, governance committees, and strategic planning discussions.
• Prepare executive reports and presentations for senior leadership and governance groups.

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Qualifications

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• Bachelor’s degree required; advanced degree considered an asset.
• Professional insurance designation such as CPCU, ACII, FCIP, CIP, or equivalent required.
• Minimum seven years of insurance or reinsurance industry experience.
• Minimum five years of leadership experience managing teams and business operations.
• Strong knowledge of commercial and personal property & casualty insurance operations.
• Deep understanding of underwriting practices, authority structures, pricing principles, and risk management methodologies.
• Experience with portfolio oversight, governance, and operational performance management.

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Skills & Competencies

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• Strategic leadership and business planning capabilities.
• Strong analytical, financial, and problem-solving skills.
• Excellent communication, presentation, and stakeholder-management abilities.
• Proven ability to influence and lead teams through change and growth.
• Exceptional organizational and decision-making skills.
• Strong relationship-building and negotiation capabilities.
• High level of integrity, professionalism, and accountability.
• Ability to manage multiple priorities in a dynamic environment.

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Why Consider This Opportunity?

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• Executive leadership role with significant influence on underwriting strategy and business performance.
• Opportunity to lead and develop high-performing insurance teams.
• Broad exposure to underwriting, operations, claims, risk management, and strategic planning.
• Collaborative and growth-oriented organizational culture.
• Opportunity to contribute directly to the future direction of a respected insurance organization.
• Competitive executive compensation and benefits package.

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Salary Information

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Compensation for the successful candidate will be determined by our client and may vary based on several factors, including local market conditions, geographic location, and job-related qualifications such as knowledge, skills, experience, education, and credentials.

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Expected salary range: $225,000.00 – $275,000.00 USD annually

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