Senior State Manager

Senior State Manager # Senior State Manager## Overview Position Type Full Time Category Actuarial  & Product## Senior State Manager
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* Job Summary:

** Bamboo Insurance is seeking a Senior State Manager to own the performance and profitable growth of Homeowners programs in Colorado and other expansion states. This role carries state-level P&L accountability and works across distribution, analytics, pricing, underwriting, product, regulatory, operations, technology, carrier partners, and reinsurance to build and scale profitable state books.

The ideal candidate is a highly analytical, entrepreneurial property insurance leader with deep Homeowners expertise, strong catastrophe and portfolio management judgment, and a track record of launching or materially improving state programs. They move fast, use data to make decisions, execute through ambiguity, and bring creative ideas to difficult markets.
** Duties/Responsibilities:
*** Own the P&L and state plan for assigned expansion states, including profitable premium growth, rate adequacy, loss ratio, mix, retention, conversion, and corrective actions.
* Build state programs from the ground up: assess markets and competitors, influence distribution and agency strategy, and define launch/ramp plans.
* Manage catastrophe and portfolio risk across wildfire, hurricane, and convective-storm perils, using PML, AAL, aggregation, PML-to-premium, and peril mix to guide appetite and growth.
* Partner with actuarial, underwriting, product, claims, operations, technology, compliance, and carrier/reinsurance partners to translate insights into rates, rules, forms, endorsements, eligibility, and underwriting actions.
* Lead regulatory execution for rate, rule, and form filings, including DOI responses and filing support
* Monitor performance against plan, diagnose emerging trends quickly, and drive practical actions to improve profitability, growth, and operational execution.
* Serve as the internal state owner, communicating results, risks, recommendations, and tradeoffs clearly to leadership and cross-functional stakeholders.
** Required Skills/Abilities:
*** Deep analytical horsepower and P&L judgment, with command of rate adequacy, attritional loss ratio, frequency/severity, retention/conversion, PML, AAL, aggregation, and reinsurance constraints.
* Proven ability to manage catastrophe-exposed Homeowners books, especially wildfire, hurricane and convective-storm.
* Strong fluency in Homeowners forms, coverage provisions, endorsements, underwriting guidelines, rating mechanics, and how they affect profitability and customer/agent outcomes.
* Fast, detail-oriented executor with grit, high ownership, and the ability to move multiple work streams without waiting for perfect information.
* Innovative and resourceful. Brings fresh ideas and is willing to get hands dirty to make a state successful.
* Strong regulatory judgment and comfort supporting DOI engagement, SERFF filings, and objections.
* Clear communicator who can align product, actuarial, underwriting, sales, compliance, operations, technology, carrier partners, and leadership around a state plan.
** Required

Education and Experience:

*** Bachelor's degree in a quantitative or business field (e.g., Mathematics, Finance, Engineering, Statistics, Data Science, or similar).
* 8+ years in property & casualty insurance, with significant Homeowners/residential property experience and direct state, portfolio, or P&L management responsibility.
* Colorado and/or other hurricane & SCS-exposed Homeowners market experience.
* Track record launching, growing, or materially improving a state or property program and managing it to a profitable result.
* Ability to independently analyze book performance SQL, Python, and/or BI tools.
* Strong strategic judgment paired with a hands-on, startup-style operating approach.
** Preferred Requirements:
*** Experience with E&S programs and MGA/carrier partner models
* MBA or quantitative graduate degree
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* Physical Requirements:

*** Prolonged periods of sitting at a desk and working on a computer.
** Salary:
*** Starting at $160,000 annually. Candidate's skills, experience and abilities will be taken into consideration for final offer.
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