Senior State Manager

Senior State Manager Apply Overview Position Type Full Time Category Actuarial & Product Apply Senior State Manager 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 workstreams 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 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.