VP, Commercial Lines Underwriting & Product Development

About the role

Mapfre is seeking a strategic, results‑driven leader to shape the future of its Commercial Lines business. As Vice President of Commercial Lines Underwriting & Product Development you will drive underwriting strategy, product innovation, pricing and regulatory execution to deliver profitable growth and enhance customer value.

Key responsibilities

• Establish underwriting frameworks, risk appetite, eligibility guidelines and portfolio management strategies.
• Partner with Actuarial to develop pricing strategies, monitor performance and optimize profitability.
• Lead end‑to‑end product lifecycle from strategy and design through implementation and optimization.
• Identify emerging market trends and customer needs to drive product innovation and differentiation.
• Lead state filing strategy, ensure regulatory compliance and establish governance processes.
• Partner with Operations, Digital and Distribution to improve workflows, automation and the customer/agent experience.
• Build, coach and develop a high‑performing underwriting and product development organization.
• Serve as a trusted advisor to senior leaders on underwriting performance, product strategy and growth initiatives.

Required profile

• Bachelor’s degree required; Master’s degree preferred.
• 12+ years of Commercial Lines underwriting, product development or related insurance experience.
• Proven leadership at Director, AVP or VP level.
• Deep expertise in Commercial Lines products, underwriting, pricing, portfolio management and regulatory filing.
• Strong understanding of profitability management, risk assessment and underwriting governance.
• Demonstrated success partnering with Actuarial and cross‑functional leaders to drive profitable growth.
• Exceptional communication, executive presence and stakeholder management skills.
• Professional designations such as CPCU, FCIP, ACAS or FCAS preferred.

What we offer

• Salary range $215,000 – $270,000 with eligibility for annual incentive bonus.
• Comprehensive benefits including flexible PTO, 401(k) with company match, medical, dental and vision coverage.
• Additional benefits such as STD, LTD, life insurance, FSA, HSA and wellness programs.
• Opportunities for career growth through tuition reimbursement, leadership programs and internal mobility.
• Purpose‑driven culture focused on trust, collaboration, inclusion and social responsibility.