AVP, Product Leader - Global Property Product & Strategy

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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 part of the Global Property Product & Strategy team and assists with the governance and oversight of the Global Property portfolio. You will work closely with leaders across the enterprise and contribute to establishing underwriting standards, guidelines, manuscript endorsements, forms and filings, pricing strategy, reinsurance usage, underwriting authority standards, audit process and as part of the referral pathway. The position will work with the UW Shared Services, Legal, Claims, Risk Control and Actuarial to analyze trends to promote profitable growth. The ideal candidate will have 10+ years of underwriting experience in property/package underwriting. Individuals should have strong coverage knowledge in these lines as well as skill in assessing exposures to loss, loss analysis and pricing. You will be responsible for the overall management, analysis and monitoring of a global portfolio. You will work within the broadest limits of authority requiring the highest degree of technical complexity and coordination. JOB DESCRIPTION: Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: 1. Identifies need for underwriting direction and guidance; collaborates across business units to establish and implement underwriting guidelines, policy, forms, and manuscript endorsements to be easily consumable by underwriters. 2. Business owner of product manuals and executes on product updates in the marketplace; gathers market intelligence and identifies gaps in forms and product offerings. 3. Participates in underwriting audits, establishes audit criteria, collaborates with business units to review audit results, develop action plans; monitors effectiveness of action plans. 4. Confident in freely sharing knowledge and expertise with others, mentoring, and assisting in the development and facilitation of underwriting training. 5. Intakes underwriting referrals as per established referral pathways and acts as a new business triage resource. 6. Collaborates with business partners in UW Shared Services, Risk Control, Actuarial, Claim, Operations and Compliance to address governance and compliance issues related to underwriting practices. 7. Implements strategic objectives, underwriting strategies and best practices with substantial impact on the short-term success of the Property product line. 8. Ensures the achievement of continued profitability, growth and/or operational efficiencies for Property through assessment of risk tolerance, market appetite and emerging risk issues. 9. Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews and develops plans to resolve issues. 10. Monitors the usage and profitability of alternative pricing programs. 11. Drives adherence to underwriting authority delegation and catastrophe management for Property. 12. May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned. 13. May maintain 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 Property 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 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) designation #LI-KC1 #LI-Hybrid I n 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, s