Portfolio Solutions Risk Lead

About the role

This is a hybrid role based in O'Fallon, Chicago, Alpharetta, or New York. Reporting to the Regional Head of Portfolio Solutions and Delegated Authority in North America, the Portfolio Solutions Underwriter will support profitable growth through disciplined underwriting, analytical assessment, and effective collaboration across various teams.

Responsibilities

• Evaluate delegated authority portfolios across multiple lines of business, including property, casualty, and specialty
• Analyze exposure data, historical performance, and loss trends to assess portfolio quality and performance
• Assess underwriting strategy, controls, and consistency within each program
• Evaluate business at both individual program and broader portfolio levels
• Support evaluation and structuring of delegated authority and program business opportunities
• Audit participation strategies, underwriting considerations, and portfolio fit
• Partner with actuarial and modeling teams to evaluate pricing adequacy and expected performance
• Provide underwriting recommendations aligned with risk appetite and profitability objectives
• Work with brokers, program administrators, MGAs, and underwriting teams to assess opportunities
• Participate in deal discussions and negotiations
• Collaborate across underwriting, actuarial, finance, claims, operations, and governance teams

Requirements

5–10+ years of underwriting, delegated authority, program, or portfolio management experience across multiple lines of business

Strong analytical and portfolio management skills with the ability to evaluate business performance and volatility trends

Experience working with delegated authority structures, program business, or complex multi-line portfolios

Strong underwriting judgment and commercial acumen

Ability to influence and collaborate with internal and external stakeholders

Ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making

Qualifications

Master's degree in Actuarial Science, Finance, Economics, or related field

Professional designations such as CFA, FRM, or similar preferred

Skills

Strong analytical and portfolio management skills

Experience with delegated authority structures, program business, or complex multi-line portfolios

Underwriting judgment and commercial acumen

Collaboration and stakeholder engagement skills

Use of AI tools to support day-to-day tasks

Benefits

Annualized base pay range: $97,739 to $147,652 for O'Fallon, MO, $107,913 - $163,096 for Chicago & Alpharetta, $124,609 - $188,330 for New York

Comprehensive compensation and highly rated benefits programs, including a generous bonus scheme and pension

Opportunities for career development and digital learning programs

International career mobility

Flexible working arrangements

Health and wellbeing benefits, including private healthcare and generous parental leave

Support for returning from career breaks

Engagement in shaping a sustainable future