AD Product Development

This critical business role supports the overall growth and profitability of the Liability LOBs via product development, forms maintenance, underwriting guidelines, and product pricing. Support of Liability product suite offering (General Liability & Excess Liability), which includes terms & conditions; underwriting guidelines; form development & maintenance; pricing & rate management; analysis of market & competitive intel.Support of Liability product suite growth, which includes sales & marketing; appetite expansion; mix management; exploring market opportunities; and analysis of new business flow metrics.Support of Liability product suite profit, which includes analysis of claim frequency, severity & large losses; jurisdictional litigiousness; rate indications; class and territory profitability.Participation in Liability line OCUO meetings to ensure that enterprise-wide liability product requirements are being met (i.e. standardized form usage across entire organization).Develop deep understanding of common industries underwritten in the E&S Binding space, including Contractors, Habitational, and Real Estate (Lessors Risk Only) and drive meaningful product changes within these industries that are aligned with goals and objectives.Continued development of risk exposure and control analysis skills.Management of existing Programs, including identification and build-out of new program offerings.Strong collaboration, partnership and communication with core E&S Binding team functions (Sales & Underwriting, Product Management, Property Product Development, Digital Marketing) to ensure coordinated and effective product changes that maximize growth and profitability of Liability lines.Relationship management / engagement, coordination, and cross-functional collaboration with all E&S partner shared service organizations to understand actions that will influence outcomes including IT, Quality, Actuarial, Claims, Legal & Compliance, Marketing and Service Operations (Audit and Underwriter Assistants).Leveraging partner liability product organizations (Small Business Product, Global Specialty, M&LB) for understanding best practices and identifying product offering differences.Support new product implementation, including design, build, governance and monitoring with accountability for defining requirements for IT.Submitting, managing, coordinating, and communicating full list of product enhancement and defect requests.Performance reporting analysis, as needed.Support competitive intelligence collection and dissemination to determine how our product compares to peers in the market (including recognizing market cycle shifts) and propose changes accordingly.Candidates must be highly regarded for their product leadership capabilities. Minimum: 4-year degree and 4 plus years of Commercial Lines experience.Preferred: Insurance designations; underwriting experience; 2 plus years of prior, relevant work experience including E&S or Small Business with liability product, pricing, and/or coverage.Self-driven, team-oriented, competitive individualDemonstrated, regular usage of Co-Pilot with a "continuous improvement" growth mindset to advance AI effectiveness in role.Advanced usage of Microsoft Office products, including Excel, PowerPoint; SharePoint experience a plus.Strong verbal and written communication skills across internal and external stakeholders, customers, and partners.Demonstrated critical thinking on complex business problemsStrong organizational and time management skillsAbility to balance strategic thinking with tactical executionCross-functional team experience with ability to form strong partnerships, influence, and effectively collaborate & manage shared services in the support of the E&S Liability LOBs.Proven ability to design and implement solutions to complex problems using both subjective input and data & analytics.This role can have a Hybrid or Remote work schedule. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees.