Vice President, Product Development
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Job Description
Vice President leading specialty insurance product strategy, development, and launches at Bridge Specialty Group. Building carrier partnerships and driving profitable growth across wholesale insurance markets.
Responsibilities:
- Lead Bridge Specialty Group's product development strategy
- Identify opportunities for new products, programs, facilities, and specialty insurance solutions
- Review market trends, retailer and client needs, carrier appetite, and competitor activity
- Maintain a clear pipeline of product and program opportunities
- Recommend organizational investments supporting growth and profitability
- Lead new products and programs from idea through launch
- Collaborate with underwriting, carriers, operations, technology, finance, legal, compliance, and business leaders
- Prepare business cases and launch plans
- Establish product review, approval, testing, and launch processes
- Review post-launch results and recommend improvements
- Build relationships with carriers, MGAs, reinsurers, and program partners
- Identify new capacity sources and market opportunities
- Lead negotiations related to new products and programs
- Share market and carrier information with business leaders
- Set and track product performance measures with Finance and business leaders
- Review product growth, profitability, usage, and market demand
- Help producers, brokers, and retailers understand new products and capabilities
- Promote successful products across Practice Groups, offices, and regions
- Connect product development with digital and technology capabilities
- Deliver prioritized product, program, and market opportunities
- Provide product performance and financial reporting
Requirements:
- Strong knowledge of wholesale and specialty insurance, underwriting, brokerage, and distribution
- Experience developing and managing insurance products or programs
- Ability to identify opportunities and turn them into clear business plans
- Strong business and financial judgment
- Ability to lead and influence across a decentralized organization
- Strong carrier, market, and business relationships
- Clear communication, sound decision-making, project leadership, and follow-through
- Bachelor's degree or an equivalent combination of education and relevant experience
- Significant leadership experience in wholesale insurance, specialty insurance, underwriting, brokerage, product development, program management, or a related field
- Demonstrated success developing, launching, managing, or expanding insurance products or programs
- Experience building carrier, underwriting, capacity, and distribution partnerships
- Experience leading complex projects across several teams or business areas
- Ability to travel as needed to meet with offices, carriers, retailers, and industry partners
Benefits:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Paid Time Off
- Holidays
- Preferred Partner Discounts
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