You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
The AVP, Product Leader role is designed to support the Construction Organization and leads the governance and oversight of the portfolio. You will work closely with leaders across the enterprise establishing underwriting strategies, standards, guidelines, authority standards and the audit process. The position will work closely with Construction leadership to drive the Construction Sustainability initiative.JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
1. Establishes & implements strategic objectives, underwriting strategies and best practices with substantial impact on the short-term success of Construction
2. Ensures the achievement of continued profitability, growth and/or operational efficiencies for Construction through assessment of risk tolerance, market appetite and emerging risk issues.
3. Evaluates and drives underwriting quality and performance based on financial analysis; includes rate, reserve adequacy, operational, planning and product reviews and develops plans to resolve issues.
4. Drives adherence to underwriting authority delegation and audit criteria for Construction.
5. Collaborates with both business partners in Underwriting, Risk Control, Actuarial, Claim, Operations and Compliance to address governance and compliance issues related to underwriting practices and across the Commercial Industry Segment organization and the broader product/strategy team.
6. Establishes and implements underwriting guidelines, policy, forms, and manuscript endorsements; identifies gaps in product offerings.
7. Confident in freely sharing knowledge and expertise with others, mentoring, and assisting in the development and facilitation of underwriting training.
8. May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned.
9. Maintains relationships with field underwriting teams, brokers, agents, and customers to assess risk tolerance, market appetite and emerging issues.
May perform additional duties as assigned.
Reporting Relationship
Typically VP and above
Skills, Knowledge & Abilities
1. In-depth technical knowledge of underwriting theories and practices within the Construction insurance field.
2. Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.
3. Leadership and matrix management skills, demonstrating integrity and professionalism.
4. Ability to drive results by identifying and resolving problems within scope of responsibility.
5. Knowledge of the insurance industry, its products and services.
6. Knowledge of Microsoft Office Suite and other business-related software.
Education & Experience
1. Bachelor’s degree with Master’s preferred in a related discipline, or equivalent.
2. Typically a minimum of 10 years of related work experience, with five years management experience.
3. Chartered Property Casualty Underwriter (CPCU) preferred.
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $152,000 to $242,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com
At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting an inclusive culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect.
Our dedication to employee engagement, continuous learning and development, and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success.
Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work. Whether established in your career or starting with internship and trainee programs, take the time to learn about our offerings and how we can pursue common goals together.