Industry Practice Leader
PMA Companies · Dallas, TX · 2 wk ago
ConsultingFull-time
Key Responsibilities
- Define and lead a multi-year strategic plan to design an industry practice aligned with corporate business goals.
- Lead the design and implementation of tactical initiatives to build the practice.
- Monitor emerging trends, regulatory developments, and risk exposures specific to the industry focus areas.
- Act as the "face" of the practice internally and externally, driving thought leadership and representing the firm at industry events and conferences.
- Support the achievement of planned goals (Profit, Growth, rate etc) for the industry portfolio across lines of business and regions.
- Set underwriting appetite, pricing strategy, and risk selection criteria in collaboration with product, underwriting and actuarial teams.
- Evaluate performance across key KPIs (loss ratio, retention, growth) and take corrective action as needed.
- Serve as executive sponsor for top-tier broker and client relationships for the industry verticals.
- Support field and distribution teams on major account pursuits and renewals.
- Lead development of industry-specific collateral, pitch strategies, and client engagement tools.
- Collaborate with product, analytics, and technology teams to develop tailored coverage solutions and service offerings.
- Lead ideation and deployment of new products or enhancements aligned with industry needs (e.g., embedded solutions, digital distribution, parametric triggers).
- Build, mentor, and develop a high-performing team of underwriters and specialists aligned to the industry practice.
- Drive Industry initiatives across the various functions (Loss Control, claims, Underwriting etc.).
- Foster a culture of collaboration, innovation, and accountability.
- Drive knowledge-sharing and continuous development across field and headquarters staff.
Requirements
- Bachelor's degree required; advanced degree (MBA, JD, CPCU, ARM) preferred.
- 10--15+ years of progressive experience in the insurance industry, with at least 5 years in leadership roles.
- Demonstrated success managing an industry-focused underwriting portfolio, practice line, or business unit.
- Deep subject matter expertise in at least one key vertical (e.g., Healthcare, Manufacturing etc.) or commercial insurance.
- Strong knowledge of commercial P&C insurance products, services, and risk management solutions.
- Familiarity with regulatory, legal, and operational trends within the relevant industry.
- Proven ability to develop and execute strategic business plans, manage P&L, and lead cross-functional initiatives.
- Excellent communication and influence skills, including C-suite level engagement and industry presentations.
- Experience leading and developing high-performing teams in matrixed or national organizations.