AVP

Confidential Company  •  Berkeley Heights, NJ

5 - 7 years experience  •  Business Services

$130K - $185K
Posted on 02/22/18 by Greg Foss
Confidential Company
Berkeley Heights, NJ
5 - 7 years experience
Business Services
$130K - $185K
Posted on 02/22/18 Greg Foss

Seeking 5+ years experience in product and underwriting management to develop and implement go-to market business strategies for new product coverages, packages, and features for small and medium sized business lines insurance addressing the needs of restaurant, roofer & contractor, mercantile, garage service and repair, machine shop, barber and beauty, health club, daycare, motel, professional office, hospitality & event planning, etc.

 

Requires solid knowledge of: Pricing and rate levels; Implementation processes for both run-off and new products; Commercial underwriting rules and guidelines; Portfolio mix planning and balancing; Development of contracts, forms, procedures and endorsements; Sales and product expense control; Fee generation; and Catastrophic loss mitigation, reserving and reinsurance.

 

Shall:

 

*** Develop and implement business plans to maximize Small Business General Liability Lines profit and growth for individual state portfolios with P&L accountability.

  

*** Lead, coach and develop product development team.

 

***Supportsales leadership in managing agent relationships.

 

*** Develop programs that influence agencies to adopt new products, programs, technologies and practices.

 

*** Maintain individual state regulatory compliance.

  

*** Surveil industry trends and competitor actions. Analyze the impact and adjust business plans accordingly.

 

Requirements:

 

1. Bachelor's degree and related professional designation such as CPCU.

 

2. Small & medium sized business general liability product management experience.

 

3. Affinity for complex quantitative analysis and ability to make data-driven product designs.

 

Excellent compensation package with opportunity to grow within a well established company. Profit Sharing, 401(k) Savings Plan and end of year bonus. Full benefits package including: Medical, Dental, Vision, Dependent Care Flexible Spending Account, Health Care Flexible Spending Account, Employee Assistance Program, Domestic Partner Benefits, Short- and Long-Term Disability. Paid time off for personal and sick days, vacations and federal holidays. Relocation assistance available.

 

Please reference #37744298 when responding.Education Requirements: Bachelor DegreeMinimum Experience Requirements: 5-10 yearsJob City Location: Berkeley HeightsJob State Location: NJJob Country Location: USASalary Range: $130,000 to $185,000

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