Insurance Vice President [31222] - Stealth Stanford Startup : Job Details

Insurance Vice President [31222]

Stealth Stanford Startup

Job Location : South Windsor,CT, USA

Posted on : 2025-08-05T01:21:31Z

Job Description :

Stealth Stanford Startup South Windsor, CT

2 days ago Be among the first 25 applicants

We are seeking a professional with deep expertise in the Connecticut insurance industry to guide the development of a new event insurance company focused on outdoor live entertainment venues and event organizers. The leader will bring significant experience in underwriting, policy development, and risk management, while also possessing a proven leadership background in the insurance field. This role will involve advising on strategy, product development, and compliance, ensuring the company's offerings align with Connecticut's regulatory environment leading to a successful business launch.

Primary Responsibilities include but are not limited to:

  • Partner with the holding company's CEO and his chief of staff to:
  • Assist in the development and refinement of underwriting policies for event insurance products.
  • Develop the claims process, from assessment to payment, and ensure compliance with Connecticut laws.
  • Outline operational processes for policy issuance, claims adjustment, collections, and all customer and third party interaction points.
  • Partner with the finance team to develop financial planning/forecasting related to product offerings and pricing strategies.
  • Research and plan for marketing and distribution channels of this new insurance offering.
  • Evaluate risk models for various event scenarios and provide recommendations on risk tolerance.
  • Partner with existing stakeholders to perform an external environmental analysis, industry analysis, customer profiling and market analysis, and validate all other underlying assumptions.
  • Partner with the legal team to draft and refine terms and conditions of policies to encapsulate all company commitments and exclusions.
  • Complete a thorough and comprehensive business plan to ensure it receives certification from all local and state regulatory agencies.
  • Launch a new insurance business line for the live events industry that meets the CEO's requirements.
  • Support in building partnerships with relevant industry stakeholders to increase commercialization success and offer guidance on business development and growth opportunities specific to Connecticut.
  • Provide strategic insight on managing evolving regulatory requirements to retain licensing in Connecticut.
  • Benchmark to incumbents to leverage capacity, budgetary, and requirements planning to guide future scaling.

    • *Due to the nature and level of the role, work hours outside of traditional shift will be necessary to satisfy business needs.

    Required Skills:

    • In-depth knowledge of Connecticut's insurance industry.
    • Strong underwriting policy development and risk assessment skills.
    • Strategic thinking and the ability to translate industry insights into actionable plans.
    • Excellent communication and negotiation skills for stakeholder management.
    • Analytical mindset for evaluating risk models, actuarial analysis, and financial performance.
    • Expertise in compliance and legal requirements for the insurance industry.

    Required Experience:

    • 15+ years in the Connecticut insurance industry, with a focus on underwriting and insurance product development.
    • Proven track record of managing insurance products, with preference for direct/indirect experience in B2B event offerings.
    • Previous experience as a CEO or executive-level leadership in the insurance sector.
    • Demonstrated experience in claims handling, policy issuance, and regulatory compliance in Connecticut.

    Education:

    • Bachelor's degree required in Insurance, Risk Management, Business Administration, or a related field.
    • MBA or advanced degree in a relevant field preferred.

    Preferred certifications:

    • Chartered Property Casualty Underwriter (CPCU).
    • Associate in Risk Management (ARM).
    • Certified Insurance Counselor (CIC).
    Seniority level
    • Executive
    Employment type
    • Full-time
    Job function
    • Finance and Administrative
    Industries
    • Consumer Services and Software Development
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