AVP, Product Leader - Construction

01460 Continental Casualty Company; United States; Remote; USD 152,000 - 242,000; Full time

Job summary

CNA is seeking an AVP, Product Leader to oversee underwriting strategy for the Construction Organization. You will establish governance, standards, and audit processes, collaborating with enterprise leaders to align portfolio decisions with business objectives.

The role demands deep commercial underwriting experience (10+ years) in construction, strong leadership, and ability to drive profitability. Reporting to VP+, you will coordinate cross-functional teams and mentor staff while advancing

Qualifications

• Bachelor’s degree in related discipline; Master’s preferred in a related discipline.
• 10+ years of underwriting experience with at least 5 years in management.
• CPCU certification preferred.

Responsibilities

• Establishes and implements strategic objectives, underwriting strategies and best practices with substantial impact on Construction.
• Drives profitability, growth and operational efficiency for Construction through risk assessment and market analysis.
• Ensures adherence to underwriting authority, audit criteria, and governance for Construction.
• Collaborates with underwriting, risk control, actuarial, claims, operations and compliance teams to address governance and compliance issues.
• Mentors others and contributes to underwriting training and development.

Skills

Underwriting knowledge

Technical leadership

Communication

Risk assessment

Insurance knowledge

Microsoft Office Proficiency

Education

Bachelor’s degree

Master’s degree preferred

CPCU preferred

Job description

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. The ideal candidate will have 10+ years of underwriting experience in commercial underwriting with depth of knowledge the construction industry segment. Individuals should have strong coverage knowledge 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 the portfolio. You will need to leverage your high degree of technical understanding to coordinate complex strategies across Construction and the enterprise.

JOB DESCRIPTION: Essential Duties & Responsibilities

• 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 [e-mail]

At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a 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 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. At CNA, we are committed to advancing a culture of inclusion - one that attracts talent from all walks of life, fosters respect and collaboration, and enables all of our colleagues to do their best work. At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.