Growing and profitable Property & Casualty Insurance company is seeking a VP of Product Development. In this role, you will have responsibility for developing and directing the products offered by the company by reviewing the industry trends, regulations and Office of Insurance Regulation documents. The position acts a liaison to the a variety of internal departments including actuarial, underwriting, claims, accounting, regulatory compliance etc.
Responsibilities include:
- Review Underwriting Profit/loss ratios and develop solutions through product development and rate structure.
- Liaison to the Regulatory Compliance Committee, Underwriting Committee, Actuarial Committee, and various other parties.
- Monitor the effectiveness of current products and programs to ensure market competitiveness.
- Work with underwriting product management and audit teams.
- Manage and guide Product Development staff
- Provide input for the underwriting manuals.
- Provide input for Compliance Reporting (i.e. QUASR, FHCF, OFAC, etc.)
Required skills and experience:
- A Bachelors Degree
- A minimum of fifteen years of supervisory or management experience in property insurance program management / product development and analysis.
- Strong verbal and written communications skills.
- Ability to work with Microsoft products, specifically Word, Excel and Access.
- Ability to manage projects.
- Knowledge of property insurance including rate development procedures and the regulatory environment.
- Charted Property and Casualty Underwriter (CPCU) or other professional designation preferred.
This position represents a significant career opportunity. Base salary to $200,000 + bonus, depending on experience. Job 2826. |