Programs Business Development Manager - Specialty Insurance (remote US)

SUMMARYThe Program Business Development Manager is responsible for identifying, evaluating, and advancing new delegated underwriting authority program opportunities. This role requires deep understanding of portfolio-level underwriting performance, program structure, and risk management to ensure new opportunities align with the organization’s risk appetite and profitability targets.

The position plays a critical role in assessing program administrators, evaluating underwriting discipline and historical performance, and developing comprehensive business cases (PARs) to support executive decision-making. The role works cross-functionally to move vetted opportunities through the pipeline and into successful implementation. ESSENTIAL DUTIES AND

RESPONSIBILITIES include the following. Other duties may be assigned. Identify and evaluate new program opportunities through market relationships, brokers, and program administrators. Conduct initial screening of opportunities to assess strategic alignment, underwriting appetite, portfolio fit, target segments, and distribution approach.

Lead due diligence of program administrators, including evaluation of underwriting practices, portfolio performance, operational capabilities, governance, reporting, claims practices, and third-party relationships. Assess administrator alignment with carrier expectations and identify risks related to underwriting discipline, adverse selection, and sustainable growth.

Evaluate program opportunities from a portfolio underwriting perspective, including class mix, exposure profiles, rate adequacy, pricing strategy, profitability outlook, volatility, concentration risk, diversification

benefits, and forms utilization. Partner with actuarial and underwriting teams to validate assumptions and ensure programs align with enterprise risk appetite and return thresholds. Develop Program Assessment Reports, including financial projections, profitability analysis, risk assessments, mitigation strategie