AVP, Product Development Lead- Property & Casualty

AVP, Product Development Lead- Property & Casualty

The Opportunity

Provide a market-leading approach to the development of QBE North America's First-Party Property and Third-Party General Liability insurance products, including, the deployment of policy forms for QBE's Specialty Liability, Commercial Property, Construction, Environmental, Programs, and Multinational Underwriting units.

You will also be responsible for drafting and maintaining QBE NAO Commercial Policy wordings and ancillary documentation to ensure legal certainty and to accurately represent underwriting appetite and intent. You will foster best practices throughout NAO Commercial Underwriting by raising awareness of legal and regulatory wording-related risks. Additionally, you will promote the use of clear and concise policy language to achieve best-in-class underwriting results. Finally, you will develop products in response to market initiatives, legal developments, and social and economic changes, while advising underwriting teams accordingly.

• Location: Countrywide (Remote)

• Work Arrangement: If hybrid (2-3 days a week in the office)

• The salary range for this role is between $129,500-$243,000

Your new role

* Oversee the product library of approved QBE North America Frist party property and third-party liability policy forms and ensure it is current, contemporary, compliant and competitive for assigned business units
*Contribute to market-leading product development in consultation with senior level management for assigned business units
*Research and make recommendations to capitalize on strengths and market opportunities and to counter competitive threats
*Support continuous improvement strategies to position QBE North America as a technical leader in first party property and third-party liability coverage issues.
*Develop and help deliver high-quality internal and external communications regarding product development and new initiatives for assigned business units
*Build and maintain collaborative, mutually beneficial partnerships with key internal and external stakeholders
*Maintain up to date industry knowledge and leverage client relationships to provide distinctive solutions in the market
*Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Required Education

* Bachelor's Degree or equivalent combination of education and work experience

Required Experience

* 5-10 years relevant experience

Preferred Competencies/Skills

* Deliver best-in-class drafting of approved policy wordings, endorsements, clauses, and ancillary policy documentation.

* Evaluate and provide professional commentary on market and broker-produced policy wordings, identifying potential exposures and negotiating with external professionals as needed.

*Manage and execute operational plans related to policy wordings, offering drafting advice and counsel to the team to ensure positive outcomes in alignment with established objectives.

*Proactively monitor legal, regulatory, and commercial insurance coverage-related policy wording issues and developments, communicating relevant updates to stakeholders and underwriting teams.

*Represent QBE's interests in commercial negotiations and through active participation in industry forums, corporate communications, and other related events.

*Collaborate with other disciplines-including Claims, Legal, and Actuarial-to support professional development and facilitate information sharing across teams.

*Creativity and alternative, open thinking to generate and support new or better ways of doing things.

*Understand the needs and goals of a customer and actively look for ways to meet them

Preferred Experience

* Experience with underwriting and/or product development

* 5-10 years of experience

* First party property and/or third-party liability insurance coverage/litigation experience.

Preferred Knowledge

* Strong working knowledge of relevant trends and information within the industry with an emphasis on first-party property and third-party liability products
*Strong working knowledge of products, concepts and procedures relating to the insurance industry with an emphasis on first-party property products
*Strong working knowledge of laws and government regulations pertaining to admitted and non-admitted property and liability insurance products.

Global Disclaimer:

The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

US Only Disclaimer:

To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

US Only - Travel Frequency:

Occasional (approximately 5-10 trips annually)

US Only - Physical Demands:

General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

• Hybrid Working - a mix of working from home and in the office

• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis

• Competitive 401(k) program with company match up to 8%

• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice

• Tuition Reimbursement for professional certifications, and continuing education

• Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

Why QBE? What if you could have a positive impact - at work and in the world?

At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.

Join us now, so you can be part of our success - and we can be part of yours!

https://www.linkedin.com/company/qbe-north-america/

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.

Equal Employment Opportunity:

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.

Supplementary information

Skills:

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

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