VP, Property & First Party Lines

Company Overview

MS Transverse is a subsidiary of MSIG USA and part of MS&AD Insurance Group Holdings, one of the 10 largest P&C insurance companies in the world.

MS Transverse is a subsidiary of MSIG USA and part of MS&AD Insurance Group Holdings, one of the 10 largest P&C insurance companies in the world.

MS Transverse is dedicated to the global program market and partners with MGAs, program administrators, and general agents to offer a full suite of insurance services.

We believe that by aligning the interests of all parties involved in our programs – distribution partners, MS Transverse, and the reinsurance community – we can deliver outsized results to a market in need of responsible actors with experience and expertise.

• Serve as the top underwriting authority on all Property and first party lines — Commercial Property, Inland Marine, Builder's Risk, DIC, Ocean Marine cargo, Equipment Breakdown, and related specialty covers.
• Adjudicate complex, non-standard risks referred from program partners; provide binding technical opinions on coverage, manuscript policy language, and endorsements.
• Develop, publish, and maintain corporate-wide underwriting guidelines: risk appetite, class eligibility, coverage terms, exclusions, deductibles, and maximum line sizes. Govern approved policy forms libraries (ISO, AAIS, proprietary, manuscript) and update underwriting rules matrices aligned to actuarially supported rating plans.
• Represent the company's technical underwriting position with MGA/MGU partners, senior brokers, cedents, reinsurers, and in the industry.

• Design and maintain a standardized, tiered LOA delegation template as respects all Property and First Party lines of business/products spanning Program Underwriting — including Head of Program Underwriting, Program Directors, and PUMAs — and a companion framework for MGA/MGU program partners defining binding authority limits, referral thresholds, and prohibited classes consistent with MST guidelines – specific to the Property LOB and all first party products.
• For Property and First Party products define authority tiers by policy limit, TIV, risk complexity, CAT-exposed territory, and coverage breadth (admitted vs. E&S). Conduct semi-annual LOA reviews; maintain a centralized authority register in compliance with state MGA Act requirements.

• Maintain expert command of E&S regulations, stamping office requirements, diligent search documentation, and surplus lines tax filings in partnership with Risk & Compliance.
• Develop and monitor distinct underwriting guidelines and form sets for E&S vs. admitted placements; collaborate with Compliance and Product Development on admitted rate and form filings in partnership with MGA/MGU partners.

• In partnership with Risk and the CUO, set and enforce CAT accumulation limits by peril and zone — Named Windstorm, Earthquake, Wildfire, Flood, Winter Storm, Severe Convective Storm, and Cyber-Physical. Oversee secondary peril modeling for hail, tornado, freeze, landslide, subsidence, and marine surge.
• Review in partnership with Risk and Actuarial the PML, AAL, and TVaR metrics quarterly.
• Partner with Actuarial on pricing models; monitor rate, exposure, and pure price change monthly. Establish minimum premium adequacy thresholds and oversee loss ratio forecasting across the portfolio.

• Ensure MGA/MGU reinsurance arrangements are vetted, documented, and aligned with ceding company requirements. Maintain current knowledge of reinsurance market…