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

AVP/VP, Product & Underwriting Practice Leader-Property & Casualty Job Type: Permanent Location: NYC, Atlanta, Chicago, Hartford, Los Angeles, Boston Band: III Travel: Up to 25% Reports to: SVP, Corix and Head of Strategic Integration Team: Works closely with cross‑functional stakeholders including SPADE, marketing, distribution development, claims, actuarial, underwriting operations, as well as the CUO org. Role Overview 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. Responsibilities Set Vision & Strategy: develop and communicate a unified product and underwriting vision, strategy, and roadmap aligned with company goals and market opportunities. Underwriting Excellence: monitor industry trends, market conditions, and regulatory changes; recommend policy and pricing adjustments and develop underwriting adjustments. Set risk – determine individual risk, concentration risk, and aggregate limit strategies; manage underwriter authority and deliver technical training. Build and maintain underwriting tools for risk evaluation, including applications, guidelines, risk scoring, and data utilization. Market & Risk Analysis: conduct market research and risk analysis to identify expansion opportunities, customer segments, needs, pain points, and emerging risks. Portfolio & Risk Management: define and prioritize product and underwriting initiatives based on customer value, business impact, technical feasibility, and risk appetite. Cross‑Functional Collaboration: work closely with SPADE, marketing, distribution development, claims, actuarial, and underwriting operations teams to deliver innovative, competitive, and compliant insurance solutions. Go‑to‑Market – Performance and Monitoring: manage product launches, go‑to‑market activities, and underwriting rollouts; measure and monitor performance, profitability, and customer satisfaction. Continuous Improvement: solicit and incorporate feedback from customers, stakeholders, and users to continuously improve product quality, underwriting, pricing and user experience; adjust policy language and practices as needed. Training & Best Practices: set training agendas, deliver technical and product training, and develop best practices for knowledge sharing for underwriting operations. Qualifications 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 of 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. Salary Range $200k‑$250k (actual salary will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment). The position is hybrid and requires two (2) days in our office weekly. What We Offer 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 fitness program fees 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 About Hiscox Hiscox is an international specialist insurer focused on key areas of expertise and strength, encouraging us to challenge convention and seek better ways of doing things. We insure the unique and the interesting, and we look for talented people who think creatively, challenge the status quo, and find solutions. Hiscox USA was established in 2006 to focus primarily on the needs of small and middle‑market commercial clients through both broker and direct distribution channels. It is today the fastest‑growing business unit within the Hiscox Group, with about 500 employees across six major cities: New York, Atlanta, Dallas, Chicago, Los Angeles, and Scottsdale. The portfolio includes technology, cyber & data risk, professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, and terrorism. #J-18808-Ljbffr Hiscox