Insurance Product Manager

Posted about 2 months agoViewed

💎 Seniority level: Manager, 5+ years

📍 Location: United States

💸 Salary: 130000.0 - 175000.0 USD per year

🔍 Industry: Insurance

🗣️ Languages: English

⏳ Experience: 5+ years

🪄 Skills: Data AnalysisProduct ManagementComplianceRisk Management

5+ years experience managing technical products from ideation to successful launch
Customer obsessed, passionate about making great products that serve and empower small business owners
Proven experience in using data driven methods in decision making and strong analysis skills
Able to work independently and comfortable with ambiguity
Experience working with and presenting to senior leadership

Zero-to-one launch of new products, customer segments and partnerships
Own product roadmap; overseeing the coverage, pricing, and prioritization of growth initiatives
Conduct industry research, competitive benchmarking, and small business owner interviews to prioritize the target customer’s biggest needs
Be responsible for growth and profitability by optimizing pricing, tailoring coverages and underwriting, and rolling out new geographies and customer segments
Partner closely with multiple teams including Compliance, Customer Operations, Technical Product, Engineering, Data Science, Analytics, Claims, and Legal

Posted 25 days ago

📍 United States

🧭 Full-Time

🔍 Commercial Insurance

🔧 Requirements

5+ years of experience at a Commercial Property & Casualty insurance carrier within the Product Management, Product Development, State Management, Underwriting, Pricing, or related functions.
Commercial Auto experience in Business Auto segment required
Strong understanding of the key components of an insurance product (e.g. rate, rules, forms, underwriting) and how they complement each other
Four (4) year completed degree in a related field or equivalent work experience
Experience with SQL, SAS, Python, R, or other programming languages required
Experience with RateFilings.com, SNL, and/or SERFF to understand rate/rule/forms product filings
CPCU or equivalent insurance designation preferred
Must have good planning, organization, analytical, decision-making and communication skills
Knowledge of insurance concepts and financial metrics as well as how state regulations impact the business
Ability to work independently and also thrive in a team environment that is constantly changing

💡 Responsibilities

Formulate and execute a comprehensive Business Auto product strategy & roadmap to take advantage of industry trends, competitor positioning, and company competencies
Lead the end-to-end development process for identifying, evaluating, developing, and launching a new Business Auto product offering from concept to launch. This will include forms, pricing, and underwriting
Spearhead high-impact projects that drive business growth and improve operational efficiency while achieving target profitability
Collaborate with various internal and external stakeholders to gain alignment and support for new product offerings and features
Leverage programming skills to conduct data analysis and create a new pricing plan in our rating engine system
Work with Departments of Insurance to gain approval for new product offerings and new state expansion
Monitor effectiveness and profitability of current products and recommend changes and/or enhancements to leadership
Mentor, formally, and informally, by becoming a subject matter expert for analysts across product management and provide basic analytical coaching to less experienced analysts
Conduct ad-hoc analysis and reporting, as needed

PythonSQLData AnalysisProduct Management

Posted 25 days ago