SVP of Product - Commercial

SVP of Product - Commercial **Qualifications and Education Requirements** - Bachelor's Degree or equivalent insurance industry experience. - CPCU (Chartered Property Casualty Underwriter), AU (Associate in Commercial Underwriting), and/or similar designation(s), other related course work, or equivalent insurance industry experience. - Knowledge of primary and surplus lines insurance products. - 10 or more years' insurance product development experience, including demonstrated expertise in the review and drafting of commercial insurance policy forms. - Written and verbal communication skills. - Interpersonal skills. - Organizational skills. - Accuracy, attention to detail skills, and work in a fast-paced, high-performance environment. - Experienced in Microsoft Office. - Experienced with legal research engines (e.g. OneSumX NILS INsource; OneSumX NILS State Filing). Physical Demands While performing general office duties for this position, the employee is regularly required to sit, stand and/or walk around (including the use of stairs). Other demands include to openly communicate with others by talking, listening, and reading. Job Summary The SVP of Product, Commercial Lines is responsiblefor building and leading the Commercial Lines Product organization.This role will manage commercial lines programs through the entire product lifecycle ensuring market acceptance and underwriting profitability.This role will formulate a comprehensive strategic plan to build Orion180's small-to-mid market commercial lines portfolio while recruiting and managing the team required to execute the plan. The product team will work closely with the marketing, sales, technology, underwriting, claims, and customer service teams to ensure all proposed initiatives are executed. Role and Responsibilities To perform the job successfully, an individual must be able to perform each essential duty satisfactorily and should demonstrate the following competencies to consistently perform the essential functions of this position. All employees are expected to adhere to and be knowledgeable of Orion180 operations standards, established security/safety rules, and requirements for attendance. The requirements listed below are representative of the fundamental knowledge, skill, and/or ability required to perform the job successfully: - Develop and design commercial lines insurance products ensuring market acceptance, regulatory compliance, and underwriting profitability. - Assist in procuring both reinsurance and capacity support for commercial lines products - Oversee underwriting guidelines and implement risk management strategies to optimize underwriting results - Hire, train and manage a team of underwriters and product managers while fostering a collaborative and high-performance team environment - Work closely with shared company resources across IT, Marketing, Compliance, Claims, and Distribution to develop and launch products - Develop and execute comprehensive strategic plans for commercial lines product development and on-going performance management with specific milestones and targets - Engage with key customers and incorporate customer feedback into product development and improvement - Drive innovation in product design and delivery to maintain a competitive edge - Communicate product strategies and performance to internal and external stakeholders - Ensure all products comply with relevant laws and regulations while staying updated on industry changes and implementing necessary product or process adjustments o maintain compliance and competitiveness Work Environment The office environment is quiet and, in a temperature, controlled setting with random adjustments in noise or temperature due to conversations, unscheduled maintenance repairs to the building or its interior offices, or unpredictable situations due to weather or other acts beyond company control. An mployee must work their regularly assigned work schedule for their duties and/or job responsibilities and in times of need, work an extended schedule depending on the company/department needs, project requirements, or customer demands. If you are interested in applying for employment and need special assistance or accommodation to apply for a posted position, contact our Human Resources department. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status,