Hybrid AVP/VP, Product & Underwriting Practice Leader – Property & Casualty

at Hiscox

• Job title: AVP/VP, Product & Underwriting Practice Leader – Property & Casualty
• Job type: Full Time
• Experience level: Senior
• Salary: $200,000 - $250,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• 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