Hiscox

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

Hiscox

full-time

Posted on:

Location Type: Hybrid

Location: New York City • California • Connecticut • United States

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Salary

💰 $200,000 - $250,000 per year

Job Level

Senior

About the role

  • 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
product managementunderwritingrisk analysismarket researchP&L managementchange managementproduct lifecyclerisk selectiondata analysisquantitative methods
Soft Skills
strategic mindsetdecision qualitycollaborationcustomer-centricitycontinuous improvementproblem-solvingcommunicationpresentation skillsinfluencinginnovation
Certifications
CPCURPLU