VP, Head of Construction Product Strategy

Zurich Insurance Company Ltd.Newcastle, OK
$175,200 - $287,000Hybrid

About The Position

Zurich North America is hiring a VP, Head of Construction Product Strategy to join our Specialties Construction team. This role is responsible for the development and implementation of underwriting solutions, such as product development, for a portfolio, line of business, or product line by identifying opportunities based upon the latest product line and industry trends. The position can be based at any Zurich office location or remotely, with an understanding that there will be approximately 25% travel.

Requirements

  • Bachelors Degree and 10 or more years of experience in the Risk Management or Underwriting or Broker or Carrier or Market Facing area within the Commercial Insurance industry
  • Knowledge of Construction product lines and insurance industry

Nice To Haves

  • CPCU or CRIS
  • Advanced knowledge of Construction product lines, the commercial insurance and Construction/Engineering industry
  • Letter of authority and ability to make underwriting decisions within established guidelines
  • Excellent verbal, listening and written communication skills
  • Excels at building strong, collaborative relationships with colleagues and clients
  • Strong presentation skills
  • Results oriented

Responsibilities

  • Develop and implement underwriting solutions (e.g. product development) for a portfolio, line of business, or product line by identifying opportunities based upon the latest product line and industry trends.
  • Collaborate with Product, underwriting, actuarial, legal, and Technical underwriting officers to ensure products meet market needs and regulatory requirements.
  • Develop a consistent coverage philosophy for the Business Units and Underwriters for a portfolio, line of business, or product line.
  • Enhance existing technical underwriting guidelines and Best Practices within the Business Unit.
  • Develop solutions to emerging issues and identify incremental opportunities for growth or change in coverage positions.
  • Drive underwriting strategy and product development by incorporating lessons learned from competitor forms and approaches to coverage in new products.
  • Lead new product development (e.g. creating a single new coverage from scratch) by managing form and endorsement reviews with Corporate Law and Claims Legal.

Benefits

  • Competitive pay
  • Comprehensive benefits for employees and their families
  • Bonuses
  • Merit increases
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