What are the responsibilities and job description for the Product Governance Manager position at Hiscox USA?
Job Type : Permanent
Build a brilliant future with Hiscox
Role : Product Governance Manager
Band : band III
Immediate Reporting line : Directly to US CUO
Based : Atlanta, Chicago, NYC or West Hartford
Key Roles & Responsibilities :
Serves as a deputy to the US CUO on all aspects relating to underwriting best practices, controls, enabling profitable growth. Potential to take on people management responsibility.
Product, Pricing and Wordings Governance
- Lead the design, development, implementation and continuous improvement of agile governance frameworks and processes for Product, Pricing, Wordings and Appetite.
- Review adherence to Product and Pricing governance operating procedures and guidelines in accordance with the Group Policies
- Lead the design, development, implementation and continuous improvement of an end-to-end, auto-renewal governance frameworks and documentation for our Traded business.,
- Accountable for building and continuously improving US Product Oversight Governance charter, terms of reference, committees, operating routines, standard documentation and minutes.
- Accountable for the US Product Oversight Group including Terms of Reference and Minutes, US Product Register,
- Accountable for transparent documentation of US product review cycle and US product development pipeline.
- Ensures that US Product Oversight Governance is seamlessly built into agile technology delivery Value Stream.
- Collaborate with Compliance to ensure regulatory requirements and internal policies.
- Collaborate with Underwriting, Legal, Compliance, and IT departments to integrate product governance into all aspects of the business.
- Monitor and audit adherence to product governance frameworks and processes.
- Provide training and support to staff on product governance frameworks and processes.
- Assist the US CUO and Head of Group Underwriting Standards in driving strategic product governance initiatives.
Knowledge & Experience Requirements :
Competency Requirements :
About Hiscox & Hiscox USA
Hiscox is one of the world's leading specialist insurers. It is not a typical insurance company. It is a modern insurance company with traditional values. It has a corporate culture of daring to be different and 'Challenging Convention' through a set of core Values (courage, quality, integrity, excellence in execution and being 'human') that provide the guiding principles for how the company engages with its people, its customers, its partners, and its local communities.
With roots dating back more than 100 years at Lloyd's of London, Hiscox has today emerged as a multi-billion dollar, multi-national insurance company with nearly 2,000 employees operating in 16 countries around the globe. It is a publicly-traded company on the London Stock Exchange (Ticker : HSX.L) and is a constituent of the FTSE 250 Index.
Hiscox USA was established in 2006 to focus primarily on the needs of small and middle market commercial clients, via both the broker and direct distribution channels. It is headquartered in Atlanta and is today the fastest-growing business unit within the Hiscox Group.
Today, Hiscox USA has a talent force of over 400 employees mostly operating out of 35 major cities - New York, Atlanta and, Chicago, Los Angeles and West Hartford. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property and terrorism, and general liability.
What we offer
Salary range : $140k-$195k
Please note that this position is hybrid and requires a minimum of two (2) days in office weekly. Position can be based in the following locations :
LI-AJ1
Work with amazing people and be part of a unique culture
Salary : $140,000 - $195,000
