AVP - Product Development

Primary Details

Time Type : Full time

Worker Type : Employee

To develop and manage a profitable business portfolio under the specified insurance class according to the Company's guidelines and delegated authorities.

Primary Responsibilities

• Strategy and Planning
• Execute operational objectives and the business plan for the underwriting function
• Review existing portfolios / accounts and recommend strategies for profitable growth
• Develop product plans, operating budgets and initiatives to ensure profitable growth and increased market share
• Support and develop product strategy and individual product strategies
• Policy, Process and Procedures
• Underwrite complex risks in accordance with defined limits of authority, organizational policy and underwriting standards
• Monitor and review underwriting standards, procedures and variations from proposal standards
• Contribute to continuous quality improvement processes
• Maintain in-depth knowledge of current legislation, best practice, underwriting acceptance levels, systems, and organizational guidelines
• Environmental Awareness / Customer Focus
• Manage key portfolios / accounts with intermediaries
• Deliver timely decisions and problem solving solutions for customers and intermediaries
• Develop and maintain good working relationships with all customers, brokers, colleagues, intermediaries and internal stakeholders
• Maintain strong knowledge of new products and commission structures, in order to enhance relationships with intermediaries
• Technical Performance
• Achieve underwriting results and growth (through new business and renewals) in accordance with plan / budget
• Identify new business opportunities and self-insurance prospects, as well as underwriting requirements to meet business needs
• Establish appropriate measurement techniques and reporting systems
• Develop new / tailored products to meet customer needs or respond economic, political, legislative or compliance changes
• Monitor portfolio results and individual product performance, identifying trends and opportunities and taking correction action as necessary
• People Management
• Supervise the underwriting activities of other underwriters, ensuring all procedures are adhered to
• Provide technical expertise and guidance to employees
• Coach / mentor Underwriters and Assistant Underwriters, on either a formal or informal basis

Preferred Competencies / Skills

Preferred Education Specifics

Preferred Experience

Preferred Knowledge

QBE Cultural DNA

US Only - Disclaimer

Global Disclaimer

Skills : How to Apply :

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Equal Employment Opportunity :

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.