AVP, Personal Lines Product Execution & Modernization (Webster, Hybrid)

MAPFRE

$200K — $240K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's preferred.
  • 9-11 years of relevant experience required.
  • 7+ years of management experience in Product, Underwriting, and Innovation.
  • Expertise in product strategy, underwriting, and agile methodologies.
  • Exceptional communication and strategic thinking skills.

Responsibilities

  • Analyze market performance to align with growth and profitability objectives.
  • Develop oversight frameworks to drive accountability and measurable results.
  • Ensure compliance with legal and regulatory requirements through collaboration.
  • Design and manage a strategic product roadmap across various departments.
  • Communicate product strategy and prioritization decisions organization-wide.
  • Align product and underwriting with brand identity through marketing collaboration.
  • Evaluate vendor partnerships to enhance product efficiency and underwriting effectiveness.

Benefits

  • Autonomy to innovate and shape future products due to collaborative support.
  • Opportunity for measurable impact on growth and profitability.
Full Job Description
We are seeking a dynamic Executive Leader to drive the maintenance, modernization, and strategic evolution of our products, tools, and underwriting practices. This role is pivotal in shaping the future of our offerings-balancing ease of doing business with strong underwriting discipline-while fostering growth and innovation. You will lead the creation and execution of a comprehensive product roadmap, champion cross-functional collaboration, and cultivate strategic partnerships with vendors and distribution channels. If you thrive in a fast-paced environment and have a passion for transforming market trends into actionable strategies, this is your opportunity to make a significant impact.

Key Responsibilities

  • Market Positioning & Growth: Partner with State teams to analyze market performance, ensuring alignment with growth and profitability objectives.
  • Performance Excellence: Develop best-in-class oversight frameworks, including underwriting benchmarks and measurable performance indicators, driving accountability and results.
  • Regulatory Compliance: Collaborate with underwriting operations, legal, and security/compliance teams to ensure adherence to all legal and regulatory requirements.
  • Product Roadmap Leadership: Design and manage a strategic roadmap, coordinating with pricing, data science, underwriting, compliance, marketing, claims, customer service, and digital product teams to ensure seamless delivery.
  • Stakeholder Engagement: Set clear expectations, communicate prioritization decisions, and articulate product strategy across all levels of the organization.
  • Brand Alignment: Work closely with Marketing to align product and underwriting strategies with brand identity and value propositions.
  • Vendor Strategy: Evaluate and optimize vendor partnerships to enhance product efficiency, pricing accuracy, and underwriting effectiveness.
  • Trend Analysis & Innovation: Monitor external market trends, assess risks and opportunities, and lead initiatives that position the organization as an industry innovator.
  • Strategic Leadership: Direct and develop mid- to long-term strategies for product, pricing, and underwriting policies and standards.
  • Team Development: Mentor and inspire a high-performing team, fostering a culture of innovation, collaboration, and continuous improvement.
  • Execution Enablement: Ensure all teams have the necessary information and resources to implement product changes effectively.
  • Technical Excellence: Collaborate with technical leaders to promote a culture of critical thinking and technical rigor within product and underwriting functions.


Qualifications

  • Education: Bachelor's degree or equivalent professional experience required; Master's degree preferred.
  • Experience:
    • 9-11 years of relevant experience (or Master's degree plus 7-9 years).
    • 7+ years of management experience with proven leadership in Product, Underwriting, and Innovation.
  • Skills & Competencies:
    • Expertise in product strategy, underwriting, and agile methodologies.
    • Exceptional communication skills to articulate priorities and roadmap decisions.
    • Strategic thinker with the ability to translate insights into actionable plans.
    • Resilient and tenacious leader who thrives under pressure and navigates complex environments with confidence.
    • Proven ability to build and develop high-performing teams, set clear goals, and create growth opportunities.

This is more than a leadership role-it's an opportunity to shape the future of insurance products and underwriting strategy in a rapidly evolving market. You'll have the autonomy to innovate, the support of a collaborative team, and the chance to make a measurable impact on growth and profitability.

Pay Philosophy: The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at Mapfre are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range $200,000-$240,000

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