Strategic leader driving product and underwriting growth focusing on profitable excellence at Hiscox. Responsible for product management, risk selection, and collaboration across teams.
Responsibilities
The AVP/VP, Product & Underwriting Practice Leader is a strategically critical leader responsible for driving profitable growth and technical excellence across our Corix business.
This role combines product management and underwriting leadership, overseeing the full product lifecycle, risk selection, and innovation for both digital and intermediated channels.
The successful candidate will own and deliver the P&L for their product(s) by setting vision and strategy, driving strong change management and fostering a culture of collaboration, customer-centricity, and continuous improvement.
For your product(s) develop and communicate a unified product and underwriting vision, strategy, and roadmap aligned with company goals and market opportunities.
For your product(s), set and deliver underwriting excellence including: Monitor industry trends, market conditions, and regulatory changes, making recommendations for insurance policy and pricing adjustments and developing and underwriting adjustments.
Set individual risk, concentration risk, and aggregate limit strategies.
Manage underwriter authority and deliver technical training as needed.
Conduct market research and risk analysis to identify expansion opportunities, customer segments, needs, pain points, opportunities, trends, and emerging risks for your product(s).
Define and prioritize product and underwriting initiatives based on customer value, business impact, technical feasibility, and risk appetite.
Implement strategies for risk selection, assessment, and robust underwriting controls.
Work closely with SPADE, marketing, distribution development, claims, actuarial, and underwriting operations teams to deliver innovative, competitive, and compliant insurance solutions.
Manage product launches, go-to-market activities, and underwriting rollouts including positioning, messaging, pricing, distribution, and authority management.
Measure and monitor performance, profitability, and customer satisfaction using quantitative and qualitative methods.
Solicit and incorporate feedback from customers, stakeholders, and users to continually improve product quality, underwriting, pricing, and user experience.
Requirements
10+ years of experience in product management and/or underwriting
Bachelor’s degree in business, engineering, computer science, or related field; MBA or advanced degree preferred.
Strong knowledge commercial insurance, customer segments, competitors, and trends for your product(s).
Exceptional skills in product visioning, strategy formulation, roadmap development, prioritization, and execution.
Decision quality and strategic mindset to drive profitability and long-term growth.
Innovative and entrepreneurial outlook with commercial sensibilities.
Highly analytical, data-driven, and adept at problem-solving.
Advanced communication and presentation skills, with ability to influence senior executives and stakeholders.
Experience with Lloyd’s of London, CPCU or RPLU designation a plus.
Benefits
401(k) with competitive company matching
Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
Company paid group term life, short- term disability and long-term disability coverage
24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
Paid parental leave
4-week paid sabbatical after every 5 years of service
Financial Adoption Assistance and Medical Travel Reimbursement Programs
Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
Company paid subscription to Headspace to support employees’ mental health and wellbeing
2024 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program
Dynamic, creative, and values-driven culture
Modern and open office spaces, complimentary drinks
Spirit of volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
Job title
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