Senior Director - Portfolio Risk & Underwriting Strategy
Description
Help shape the profitability and risk strategy of a growing, multi-product Asset Protection portfolio. Protective is seeking a senior insurance leader who can connect underwriting judgment with actuarial analysis, pricing, forecasting, and portfolio performance management. This high-visibility role will influence decisions across vehicle protection plans, GAP coverage, limited warranties, and ancillary products serving automotive, marine, powersports, and recreational vehicle markets.
You will lead underwriting strategy and governance, turn complex portfolio data into clear actions, and advise executive leaders on growth, profitability, and risk. This opportunity is well suited to a P&C actuarial or underwriting leader who enjoys moving beyond analysis to shape products, risk appetite, operating practices, and business outcomes. You will also build organizational capability by developing talent and strengthening the tools and processes used to manage the portfolio.
Key Responsibilities
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Lead portfolio risk management and performance oversight across products, programs, distribution channels, and geographies, with accountability for profitable growth and disciplined risk selection.
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Analyze loss, exposure, pricing, frequency, severity, mix-of-business, and market trends to identify emerging risks and recommend timely portfolio actions.
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Direct underwriting strategy and governance, including pricing, eligibility, authority, referral, and exception frameworks; ensure decisions align with business objectives and risk appetite.
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Partner with Actuarial, Product, Finance, Sales, and Operations to evaluate product changes, pricing actions, reserving implications, and opportunities to improve portfolio returns.
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Guide the development and use of forecasts, predictive models, simulations, dashboards, and scenario analyses, translating technical results into practical business decisions.
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Establish portfolio monitoring routines, performance thresholds, and executive reporting that make profitability drivers and risk concentrations visible and actionable.
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Influence product design and program strategy by assessing financial, actuarial, underwriting, operational, and customer impacts.
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Lead complex decisions in ambiguous, high-impact situations and communicate recommendations, trade-offs, and financial implications to senior leadership.
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Improve underwriting processes, data, tools, controls, and governance to increase consistency, scalability, speed, and decision quality.
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Lead, coach, and develop a high-performing team while strengthening collaboration and analytical capability across the organization.
Core Competencies (skills, knowledge and abilities):
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Deep knowledge of underwriting, portfolio management, risk selection, and insurance profitability drivers.
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Strong actuarial and quantitative orientation, including pricing, forecasting, trend analysis, scenario modeling, and performance measurement.
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Ability to connect technical findings to underwriting actions, product strategy, financial outcomes, and risk appetite.
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Understanding of loss cost, frequency, severity, exposure, mix, concentration, and rate adequacy concepts relevant to P&C or specialty insurance portfolios.
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Executive-level communication skills, including the ability to explain complex analyses to technical and nontechnical audiences.
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Strategic judgment and the ability to balance growth, customer, profitability, compliance, and risk considerations.
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Cross-functional leadership and influence across Actuarial, Product, Finance, Sales, Operations, and Technology.
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People leadership, coaching, talent development, and organizational change capability.
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Comfort navigating incomplete information, challenging assumptions, and making sound decisions in rapidly evolving markets.
Required Qualifications:
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Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, Risk Management, Business, or a related field.
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7+ years of progressive experience in underwriting, actuarial, portfolio management, product management, risk management, or a related insurance discipline.
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4+ years of relevant leadership experience, including direct people management.
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Experience managing portfolio performance and profitability across multiple products, programs, markets, or distribution channels.
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Experience using analytics, performance metrics, and financial insights to support strategic decisions and portfolio actions.
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Demonstrated success partnering across functions to shape business strategy and execute complex initiatives.
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Ability to present recommendations and influence decisions at the senior-leadership level.
Preferred Qualifications:
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8+ years of progressive experience in actuarial, underwriting, portfolio management, product, or insurance risk leadership.
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ACAS, FCAS, or meaningful progress toward a Casualty Actuarial Society designation; CPCU, ARM, or another relevant insurance credential also valued.
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Experience in automotive finance and insurance (F&I), extended service contracts, vehicle protection products, warranty administration, specialty insurance, or adjacent P&C markets.
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Experience with pricing strategy, reserving, predictive analytics, loss trend analysis, or actuarial model implementation.
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Experience leading underwriting transformation, governance, data modernization, or technology-enabled decisioning.
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Advanced degree such as an MBA, MS, or related discipline.
About Us – Asset Protection
Protective Asset Protection has been providing finance and insurance (F&I) solutions for the automotive industry for more than 60 years. We proudly serve thousands of dealerships and financial institutions in the automotive, marine, powersports and recreation vehicle industries throughout the U.S. providing innovative vehicle protection products, wealth-building programs, training, and technology. Our portfolio of vehicle protection plans, GAP coverage, limited warranties, and ancillary products provide opportunities to generate revenue with products that help drive customer retention and satisfaction. Protective Asset Protection is part of the financial services holding company, Protective Life Corporation. For more information about Protective Asset Protection visit www.ProtectiveAssetProtection.com.
Skills
As published by lever · 14 questions · 2 written answers
Basics
Which location are you applying for?, Resume/CV, Full name, Email, Phone, Current location, Current company, LinkedIn URL, GitHub URL, Portfolio/video resume URL, Other website
Short answers (1)
- What is your target compensation (salary and bonus)?
Pick from a list (11)
- As part of any recruiting and hiring process, Protective collects and processes personal information relating to job applicants. The Company is committed to being transparent about how it collects and uses that information and to meeting its information protection obligations. In the recruitment and hiring process the “personal information” we collect includes: General Identifying and Contact Information (e.g., name, mailing address, phone number, email address), Employment History Information, Education History Information. Please be aware that the personal information you provide during the application process may be shared internally with employees of Protective as well as our designated third-party vendors for the purposes of the recruitment and hiring process, including contacting you regarding your application and assessing your qualifications for job openings with Protective. California applicants should review the state-specific notice provided in accordance with the California Privacy Rights Act. By clicking “Consent” below you understand and freely give your consent to Protective and our designated third-party vendors collecting and processing your personal information relating to your potential employment with Protective. Applicant Notice - California: As part of Protective’s commitment to transparency related to personal information, and in order to comply with the California Privacy Rights Act (“CPRA”), we are providing you with this disclosure regarding the categories of personal information we may collect from you and the purposes for which that information may be used. Information We Collect: In the recruitment and hiring process the categories of “personal information” we collect include: General Identifying and Contact Information (e.g., name, mailing address, phone number, email address), Employment History Information, Education History Information. Use of Personal Information: The personal information we collect during the application process is used to assess your qualifications for the purposes of the recruitment and hiring process, including contacting your regarding your application and assessing your qualifications for job openings with Protective. The personal information you provide will not be “sold to” or “shared with” a third-party as those terms are defined by the CPRA. The Company will not collect additional categories of personal information or use the personal information we collect for materially different, unrelated, or incompatible purposes without providing you notice. Retention of Information: Each of the categories of information you provide are subject to our internal policies on retaining employee and applicant information. These policies are based on applicable legal retention requirements for retaining personal information of applicants and/or employees. As part of our internal policies, we have a process in place to determine when this information is no longer needed and can be disposed of in a secure manner. Additional Information: For more information on your rights under the CPRA, please see the Company’s California Privacy Rights Act Policy. optional
- Are you legally authorized to work in the United States?
- Do you now, or will you in the future, require immigration sponsorship for work authorization (e.g., H-1B)?
- Have you ever been employed with Protective or one of its affiliates?
- How did you hear about this opportunity? optional
- Do you have a distraction free workspace and consistent access to internet with speeds of 10 Mbps for downloads and 5-10 Mbps for uploads? (you can check it here https://www.att.com/support/speedtest/) optional
- How many years of experience do you have in underwriting, risk management, portfolio management, actuarial, or related insurance disciplines?
- Which best describes your level of responsibility for underwriting or portfolio performance?
- How many years of experience do you have managing direct reports?
- In which of the following industries have you held an underwriting, risk management, portfolio management, product management, or actuarial leadership role? (Select all that apply) optional
- Which statement best describes your experience using analytics to support underwriting decisions?
Written answers (2)
- Do you have any family members who are employed with Protective?
- Please briefly describe your experience managing underwriting strategy, portfolio profitability, or risk performance across multiple products, programs, or distribution channels. optional