Vice President - Self Storage

Position Summary

The Product Head is responsible for driving the underwriting strategy and aligning the supporting talent and capital to drive results for a given product. They build and/or contribute to the partnerships needed internally and externally to deliver. They provide transparency and ensure metrics and reporting on their product are source of truth. And they provide additional support to the MGU as relates to their product.

This role collaborates with MGU President / MD to ensure they are delivering on targets. They promote a culture consistent with Ryan’s values and ensure a sustainable business result.

• Define the product‑specific UW strategy consistent with capital provider appetite, premium expectations, mix (if applicable), permissible LR, etc.
• Manage execution of UW strategy, including production/performance by UWer and accountability on rate.
• Manage product line portfolio performance (premium, NB/renew, LR, loss drivers, geo mix, LOB mix, etc.), UW guidelines/referrals, compliance and 1st line of defense.
• Monitor and refine product offering, including geographic expansion.
• Develop and maintain pricing models and associated data with pricing actuarial team.
• Arrange bespoke capital and coordinate within MGU and with RSUM on corporate capital partners, when needed.
• Attract, develop and retain UW talent; cascade authority when appropriate given capital partner commitments; succession plan to sustain Partner both externally and internally to deliver.
• Identify and maintain other critical external partnerships (e.g., TPA relationships, service providers, data providers, etc.) needed to deliver on the value prop for the product.
• Partner within RSUM on shared services (actuarial, legal, compliance, etc.) to define own needs and flag concerns.
• Provide transparency on results and share best practices beyond own MGU.
• Provide transparency as source of truth:
  • Ensure portfolio metrics to monitor health of the product portfolio and support robust communication to RSUM stewardship and capital providers, aligned guidance and agreements.
  • Ensure integrity of data in any product‑related reporting or portfolio reporting as relates to the product.
• Provide additional support to the MGU:
  • Support distribution relations, as needed.
  • Lead product‑specific marketing, consistent with any overall (RSUM) guidance.
  • Support the development of business plans with projections of GWP for product(s).
  • Support MGU staffing models and compensation strategies as related to product.
  • Track production (daily/weekly/monthly/annually) and trends, flag divergence, and support updates to MGU forecasts.
  • Support high quality & timely strategic and financial KPI management reporting as related to product.
  • Ensure integrity of data in any financial and metric reporting related to product.
  • Ensure operating plan and associated/enabling initiatives address needs of product.

• Bachelor’s degree or Master’s degree in Risk Management, Actuarial or Business Administration required.
• 10+ years of experience in Property and Casualty insurance underwriting.

• State P&C and/or surplus line license is required.
• Industry designations like Chartered Property Casualty Underwriter (CPCU), ARM, AU‑M, etc., are a plus.

• Property and Casualty Underwriting
• Commercial Lines Underwriting
• Market Intelligence
• Business Portfolio Management
• Performance Management
• Financial Management
• Technology Solutions