Delegated Underwriting Authority Executive

What We Do
SIRIUSPOINT is a specialty underwriter providing solutions to clients and brokers around the world. With headquarters in Bermuda and offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We hold licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our capital exceeds $3.0 billion and our operating companies have an A rating from AM Best, Fitch and S&P, and A3 from Moody’s.

Key Responsibilities

• Build and maintain strong working relationships with MGAs, acting as the primary point of contact for program‑related matters.
• Manage the onboarding process for all new MGA’s.
• Monitor MGAs against defined KPIs, contractual obligations and implement action plans to improve performance.
• Collaborate with legal, underwriting, claims and business development teams to negotiate MGA contracts and ensure clear terms.
• Develop requirements for MGAs and ensure adherence to company standards and regulatory requirements.
• Assess and manage risks associated with MGAs and delegated underwriting programs, ensuring proper controls are in place.
• Confirm MGA compliance with all relevant regulatory and legal requirements.
• Conduct market research and competitive analysis to identify emerging trends and opportunities for new program development.
• Prepare regular reports and presentations for senior management on program performance, issues and recommendations.
• Support MGAs on underwriting guidelines, product knowledge and related topics to enhance their capabilities.
• Identify process improvement opportunities and participate in initiatives to streamline program management and enhance efficiency.

Key Accountabilities

• Serve as a key point of contact within the business for delegated underwriting inquiries across all classes.
• Ensure all MGAs and delegated underwriting programs are approved in line with the MGA Playbook and Policies and Procedures.
• Co‑ordinate and attend Deal and Portfolio Committee meetings as necessary.
• Assist in maintaining the SiriusPoint International and Syndicate audit diary (and subsequent recommendations) for coverholder business.
• Perform visits and reviews of coverholders / MGAs as part of the audit and review process, which may be carried out by SINT / SIMA personnel or external auditors/experts.

Technical Skills & Experience

• Bachelor’s degree in Business, Insurance, Risk Management or a related field; advanced degrees or certifications (e.g., CPCU, ACII AINS) are advantageous.
• Proven experience (typically 3+ years) in program management, underwriting or MGA management within the insurance industry.
• Deep understanding of multi‑class insurance products, underwriting principles and the role of MGAs in distribution.
• Knowledge of relevant insurance regulations and industry best practices for program management and delegated underwriting authority.
• Strong analytical and problem‑solving skills, with the ability to assess program performance data and make data‑driven decisions.
• Excellent communication and negotiation skills to interact effectively with MGAs, TPAs and internal stakeholders.
• Track record of successful relationship management and a customer‑centric approach to business partnerships.
• Project management expertise to plan, execute and monitor program initiatives.
• Ability to work in a dynamic environment and adapt to changing market conditions.
• Team player with leadership qualities, capable of motivating and coordinating cross‑functional teams.

Employment Information – We are unable to sponsor or take over sponsorship of an employment visa at this time.