VP, Cyber and Professional Liability Lead

Posted:
2/20/2025, 4:00:00 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy ⋅ Product

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Major Responsibilities
Team
• Build a best-in-class underwriting team including recruitment, retention, development, and performance management. Set strategy, communicate clear objectives and hold individuals accountable for achieving results in a high-performance culture. Coach and support development opportunities to enhance staff effectiveness.
• Proven team leadership and people management skills, including the ability to motivate staff and inspire a sense of purpose around successfully achieving organizational objectives.
• Visible and credible business partner within Professional Liability across the organization with key relationships with North American colleagues.
• Proven negotiation skills gained through established broker/client or broker/underwriter relationships.

Production
• Proven ability to grow a profitable and diversified book of business. Demonstrated ability to develop and grow broker/producer relationships, maintain a high level of visibility and build strong distribution.
• Develops market-specific strategies and customized approaches based on market conditions, pricing and broker needs.
• Adapts to multiple demands and shifting priorities.
• Demonstrates analytical, critical thinking, and problem-solving skills for quick, sound decisions.
• Leads business development and guides new product implementation.

Product
• Proven ability to draft language efficiently and effectively for new products, endorsements, and applications. Engages in product development as a member of internal drafting teams in collaboration with all stakeholders.
• Provides the Canadian perspective to global product managers to assist them in understanding the nuances of our market, legal system and loss experience.
• Develops sound underwriting strategy and holds responsibly for all aspects of execution.
• Technical underwriting / referral resource for team.
• Proficient in a broad array of Professional Liability and Financial Lines products, technologies, and processes.

P&L
• P&L Accountability (production, weekly forecasting, monthly/quarterly financial reporting, planning, expense management).
• Ability to lead and implement change management as required to be responsive to the market and profitability needs.
• Reports key risk and performance details to Reinsurance Markets, Ceded Re, Senior Leadership and Canadian Board of Directors, as required.

Process
• Collaborates with key internal stakeholders to support lines of business (Executive, Claims, Actuary, General Counsel, Compliance, Marketing, Finance, Operations, IT, Ceded Re).
• Responsibility for both self-audit and corporate underwriting audit in business tower.
• Business owner representative for IT initiatives, systems and tools.

Qualifications

Work Experience
• University Degree required; Finance or Business preferred.
• Minimum of 10 years of previous underwriting/broker experience in relevant product areas.
• Previous leadership experience required.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

150,000 - 225,000/CAD

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

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