What are the responsibilities and job description for the Associate Vice President Underwriting position at 1970 Group?
Company Description The 1970 Group provides innovative solutions for securing insurance collateral, built by professionals with deep experience in insurance, investments, and corporate law. The company focuses on flexible, powerful alternatives that help organizations meet collateral requirements in a rapidly changing marketplace. By partnering with brokers and insurance customers, the firm designs practical, creative collateral structures that satisfy carrier demands while minimizing impact on corporate balance sheets. This approach enables clients to pursue growth opportunities and achieve strategic objectives. A seasoned leadership team of insurance, investment, and legal experts drives a collaborative environment that redefines how corporate insurance buyers and risk managers secure collateral in a complex global risk landscape.
Role Description The Associate Vice President, Underwriting is a full-time, on-site role based in Greenwich, CT. This position is responsible for evaluating and underwriting complex insurance collateral structures, assessing risk profiles, and determining appropriate terms and conditions in alignment with company guidelines. The role includes analyzing financial statements and exposure data, collaborating with internal teams and external partners to structure collateral solutions, and supporting deal negotiations with brokers, carriers, and clients. The individual will prepare underwriting submissions, documentation, and recommendations, while monitoring portfolio performance and market trends to refine underwriting strategies. Regular responsibilities also include contributing to product development initiatives, ensuring compliance with regulatory and internal standards, and mentoring junior team members within the underwriting function.
Qualifications
Role Description The Associate Vice President, Underwriting is a full-time, on-site role based in Greenwich, CT. This position is responsible for evaluating and underwriting complex insurance collateral structures, assessing risk profiles, and determining appropriate terms and conditions in alignment with company guidelines. The role includes analyzing financial statements and exposure data, collaborating with internal teams and external partners to structure collateral solutions, and supporting deal negotiations with brokers, carriers, and clients. The individual will prepare underwriting submissions, documentation, and recommendations, while monitoring portfolio performance and market trends to refine underwriting strategies. Regular responsibilities also include contributing to product development initiatives, ensuring compliance with regulatory and internal standards, and mentoring junior team members within the underwriting function.
Qualifications
- Strong knowledge of Insurance and Underwriting principles, with experience handling complex or specialty risk structures.
- Background in Finance and Actuarial Science or related quantitative disciplines for analyzing risk, pricing, and financial impact.
- Familiarity with Mortgage Lending or similar collateralized lending environments, including credit risk assessment and structuring.
- Bachelor’s degree in finance, business, economics, actuarial science, or a related field; advanced degree or professional designations (e.g., CPCU, CFA, ASA) are an advantage.
- Proven experience in commercial insurance underwriting, risk management, or alternative risk transfer; collateral-focused experience is highly beneficial.
- Strong analytical, modeling, and problem-solving skills, with attention to detail and sound judgment in decision-making.
- Effective communication and negotiation abilities, with capacity to work collaboratively with brokers, carriers, legal, and investment teams.
- Ability to operate in a fast-paced, evolving environment, manage multiple priorities, and take ownership of complex underwriting initiatives.