AVP, P&C Product Management
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Job Description
What Will You Do?
The assistant vice president, P&C Product Management, is responsible for the coordination, management and continuous improvement of the property and casualty product management group (regional or countrywide), ultimately being responsible for developing and maintaining product and pricing strategies across lines of business, markets, and regions. The AVP, P&C Product Management, will recommend product changes and innovative solutions to improve client experience. They will work closely with pricing, agencies, marketing, underwriting, and claims to achieve comprehensive strategies to drive growth and profitability. To achieve these objectives, the AVP will have leadership responsibilities, including providing vision and direction to a multiple functional team of product managers and product management analysts. Lastly, the AVP, P&C Product Management, will work closely with the Specialty Markets Group to develop and implement property and casualty opportunities identified by that division.
ESSENTIAL FUNCTIONS:
• Manages the product managers and product management analysts, including mentoring, coaching, performance reviews, clearing obstacles, and the prioritization of tasks.
• Creates and drives an overall regional market strategy, ensuring a multiple line focus to drive growth in all products, property and casualty, and life.
• Works closely with the Specialty Markets Group to define and execute product strategies for their property and casualty market opportunities.
• Partners with the field, field management, and the field advisories group to develop profitable growth solutions that meet our clients’ needs.
• Maintains an awareness of internal/external forces, business directions, and financial dynamics that can significantly impact future profitability and growth of the product.
• Makes fact-based strategic decisions based upon a knowledge of the market, which includes competitors, regulatory and legal environment, and field direction; and based upon internal direction, such as premium and loss trends and corporate strategy.
• Leads and coordinates critical internal processes including the regional product management process, focus market team, regional reviews, etc.
REQUIRED QUALIFICATIONS:
• Bachelor's degree.
• 10 years or more of experience with at least 5 years of P&C Product Management Experience
• Excellent Knowledge of Property and Casualty lines of business.