Vice President, Product Development

Ryan Specialty, LLC
Chicago, IL Full Time
POSTED ON 10/12/2023 CLOSED ON 10/23/2023

What are the responsibilities and job description for the Vice President, Product Development position at Ryan Specialty, LLC?

Position Summary:

The Vice President, Product Development for Underwriting will review new product ideas, present them to management, and work with other departments to determine feasibility and determine the cost of production. The position will conduct market research to determine consumer needs and identify competitors. and ensure products are produced according to design, quality, and price specifications. The Vice President, Product Development will supervise product development process and coordinating department objectives.

Essential Functions:

  • Working with the corporate stewardship team in support of the business units to facilitate the origination of pitchbooks and go-to-market strategies for new product development.
  • Management and organization of on-going capital solicitation.
  • Meeting organization, scheduling, and managing outputs.
  • Creating deliverables for the executive leadership team and constituents within the practice group.
  • Contributes to strategic planning, direction, and goal setting for the Underwriting division in collaboration with senior management.
  • Collaborate with central underwriting team in the organization of portfolio performance information to facilitation the creation of contract renewal presentations.
  • Collaboration with the compliance and governance teams in the maintenance and updating of our contract reporting system.

Education/Experience/Skills:

  • Bachelor’s degree or equivalent combination of education and experience.
  • 10 years of experience in property casualty.
  • Product development, management, and oversight.
  • Excellent written and verbal skills.
  • Ability to manage workload with minimal supervision.
  • Critical attention to details.
  • Proficiency in Microsoft Office including, but not limited to Outlook, Word, Excel.
  • Proven track record of being a team player.

Disclaimer

Ryan Specialty is an Equal Opportunity Employer

Salary : $102,000 - $129,000

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