VP

  • 38856
  • Non-Life - Underwriting
  • |
  • New Jersey, United States
  • |
  • Jan 12, 2021
Insurance
RESPONSIBILITIES
  • Responsible to ensure that company’s products are positioned for profitable growth, analyzing product performance and proactively identifying opportunities at state, line of business and agency level, while also identifying adverse impacts, trends and solutions
  • Lead the team of product development specialists
  • Design and implement a process for regular reviews and updates of each product line and product offering to drive profitable growth in order to have a regular cadence for updates scheduled
  • Oversee and continuously improve an efficient and effective project management process to manage the company’s rate, rule and form filings as well as necessary regulatory changes on a state by state basis including minor and major product enhancement ideas
  • Lead market research into competitor’s filings, emerging markets and coverages, underserved classes of business in opportunity classes growing economically as well as challenging the company’s historic underwriting appetite decisions to identify classes for future profitable growth
  • Engage with agencies as well as investor relations for additional competitor insights and will collaborate with the investments team to seek information on economic changes segment by segment. Utilize this research to make a business case for product line expansion
  • Utilize market research to partner with the strategic business units and line of businesses to review and update appetite selections as well as underwriting guideline development
  • Engage the different departments to deliver effective marketing materials to regional personnel, agents and customers to assist them in understanding the breadth of the company’s offerings.
  • Manage the company’s commercial lines automated systems enhancement and maintenance schedules.
  • Identify value-add opportunities to support the company’s traditional coverage form product offerings and partner with the InsurTech and Innovation team to deliver value-add offerings.
  • Find opportunities to engage with agencies, customers, business associations and affinity groups in order to gain insight into their business needs in order to identify opportunities where our current or future product offerings can help to solve their problems
QUALIFICATIONS
  • 10-15 years Commercial Lines Underwriting experience
  • Field underwriting and product development experience strongly preferred
  • 5+ years of supervisory/management experience
  • College degree preferred
  • Proven leadership capability; Pro-active, driven and takes initiative
  • Must have experience developing and distributing new products
  • Strong, proven project management and problem-solving skills
  • Excellent customer service, networking and relationship building skills
  • Executive presence and excellent presentation skills