Job Description
Vice President, Product Development About the Company Respected insurance company Industry Insurance Type Privately Held About the Role The Company is in search of a Vice President, Product Development Lead with a focus on the P&C insurance space. The successful candidate will be responsible for product drafting, wording drafting, and product negotiation, with a key role in drafting and negotiating new products from inception. This position requires close collaboration with underwriters and claims professionals to ensure that the developed products meet the needs of the market and the company. The role is pivotal in the company's growth strategy and demands a dynamic individual with a strong background in the insurance industry. Key responsibilities for the Vice President, Product Development Lead include developing and leading legal strategies for new insurance products, ensuring compliance with all relevant laws and regulations, and advising on non-contentious insurance matters. The role also involves handling contentious insurance claims and disputes, as well as maintaining constant communication with stakeholders regarding the implications of current and potential changes in insurance laws. The ideal candidate will have a profound knowledge of insurance law, particularly in non-contentious matters, policy wordings, and coverage analysis, and a proven track record in managing both non-contentious and contentious insurance issues. Strong collaboration, communication, and decision-making skills are essential for this position. Travel Percent Less than 10% Functions Product Management