[Hiring] AVP, Product Leader - Construction @CNA Insurance

Role Description

The AVP, Product Leader role is designed to support the Construction Organization and leads the governance and oversight of the portfolio. You will work closely with leaders across the enterprise establishing underwriting strategies, standards, guidelines, authority standards and the audit process. The position will work closely with Construction leadership to drive the Construction Sustainability initiative.

Essential Duties & Responsibilities:

• Establishes & implements strategic objectives, underwriting strategies and best practices with substantial impact on the short-term success of Construction.
• Ensures the achievement of continued profitability, growth and/or operational efficiencies for Construction through assessment of risk tolerance, market appetite and emerging risk issues.
• Evaluates and drives underwriting quality and performance based on financial analysis; includes rate, reserve adequacy, operational, planning and product reviews and develops plans to resolve issues.
• Drives adherence to underwriting authority delegation and audit criteria for Construction.
• Collaborates with both business partners in Underwriting, Risk Control, Actuarial, Claim, Operations and Compliance to address governance and compliance issues related to underwriting practices and across the Commercial Industry Segment organization and the broader product/strategy team.
• Establishes and implements underwriting guidelines, policy, forms, and manuscript endorsements; identifies gaps in product offerings.
• Confident in freely sharing knowledge and expertise with others, mentoring, and assisting in the development and facilitation of underwriting training.
• May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned.
• Maintains relationships with field underwriting teams, brokers, agents, and customers to assess risk tolerance, market appetite and emerging issues.
• May perform additional duties as assigned.

Qualifications

• In-depth technical knowledge of underwriting theories and practices within the Construction insurance field.
• Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.
• Leadership and matrix management skills, demonstrating integrity and professionalism.
• Ability to drive results by identifying and resolving problems within scope of responsibility.
• Knowledge of the insurance industry, its products and services.
• Knowledge of Microsoft Office Suite and other business-related software.

Requirements

• Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
• Typically a minimum of 10 years of related work experience, with five years management experience.
• Chartered Property Casualty Underwriter (CPCU) preferred.

Benefits

CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com .

Company Description

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .