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Senior Insurance Product Manager

Posted 26 days agoViewed

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๐Ÿ’Ž Seniority level: Manager, 5+ years

๐Ÿ“ Location: United States

๐Ÿ” Industry: Commercial Insurance

๐Ÿข Company: Nirvana Insurance๐Ÿ‘ฅ 101-250๐Ÿ’ฐ $57,000,000 Series B over 1 year agoInternet of ThingsFinancial ServicesInsurTech

๐Ÿ—ฃ๏ธ Languages: English

โณ Experience: 5+ years

๐Ÿช„ Skills: PythonSQLData AnalysisProduct Management

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
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