AVP Product Leader – Public and Private Directors & Officers Liability
Chicago, Illinois, United States of America
Full Time
8 hours ago
$152,000 - $242,000 USD
No Visa Sponsorship
Key skills
Leadership
About this role
Role Overview
Provides end‑to‑end product leadership for assigned product lines, including product design, ongoing governance, compliance oversight, and lifecycle management aligned with enterprise strategy.
Leads policy form development, maintenance, and enhancements to ensure products meet regulatory, underwriting, and market requirements.
Ensures the achievement of continued profitability, growth and/or operational efficiencies for a product line through assessment of risk tolerance, market appetite and emerging risk issues.
Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews. Provides results to members of the underwriting management team and develops plans to resolve issues.
Monitors the usage and profitability of alternative pricing programs.
Drives adherence to underwriting authority delegation, audit criteria and catastrophe management, and product governance standards for Directors & Officers Liability.
Oversees regulatory filings strategy, including coordination with Legal and Compliance, to support product changes, new offerings, and multi‑state implementation.
Partners with technology and operations teams to support product implementation in underwriting systems, resolve system‑related issues, and ensure alignment between product intent, system configuration, and underwriting execution.
Collaborates with business partners in Risk Control, Actuarial, Claim, Operations and Compliance to address governance and compliance issues related to underwriting practices.
Provides guidance and direction in the development and delivery of underwriting, product, systems, forms, and guideline training to ensure consistent execution across the organization.
May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned.
May maintain relationships with branches, brokers, agents and customers to assess risk tolerance, market appetite and emerging issues. May perform additional duties as assigned.
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) or RPLU certifications and related roles.
Benefits
comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals