Director, Product - Small Commercial

Key ResponsibilitiesMonitors frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommends improvements, as needed.Evaluates portfolio performance regularly working with Underwriting Leaders to identify drivers of performance, risks, and opportunities.Drives UW technical excellence working with Underwriting Leaders to identify and resolve issues.Works with Underwriting Leaders to identify product and services enhancements, underwriter capability development opportunities (e.g., skills, tools).Proven leadership experience in cross-functional, matrixed environments.Excellent communication skills with the ability to engage senior leaders and technical teams alike.Delegate underwriting authority to underwriting staff via letters of authority; monitor and revise as appropriate.Assist and oversee product strategy, communication and execution.Maximizes individual and team performance through automation efforts.Presents to senior management on key indicators, metrics, and drivers that impact the attainment of business goals.Acts as a knowledge expert within the company on industry trends related to assigned products and educates the organization on best practices in the market.Assist in the development and implementation of new products. Assist and leads the effort in conjunction with PRS to make recommendations on product design, price and development efforts.Strong analytical skills and excellent problem solving/decision making abilities and the ability to translate data into strategic decisions.Manage assigned product line(s) to achieve profit, revenue, loss ratio, and expense targets. Is responsible for setting underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies.Maintains an understanding of all Markel products, services and solutions and initiates discussions with other business units as appropriate.Qualifications & ExperienceBachelor's degree required; advanced degree (MBA, MS, or equivalent) preferred.Minimum 10 years of current multiline package experience, preferably with deep exposure to underwriting, product management, pricing, or actuarial disciplines.Expert-level knowledge of all aspects of coverage forms, exclusions, and exposure. Pricing, structure, rating, rating plans, loss forecasting, market knowledge, preferred.Advanced knowledge of and experience operating within several different industry segments experience; insurance operations; claims, finance and actuarial concepts; regulatory environment; loss control/risk engineering; reinsurance; account management; product development; and industry trends.Models effective collaboration within/across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, NA Product Teams). And Broad understanding of claims, actuarial, product development, regulatory and compliance functions.Must be a skilled collaborator who is willing to assess all sides of an issue, bring in others with expertise, and independently execute and advance the collaboration model.US Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.Pay informationThe base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $136,840 - $188,155 with a 55% bonus potential.BenefitsWe offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic including race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off-employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.J-18808-Ljbffr