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About the role
Key responsibilities & impact- Partner with key stakeholders to drive the strategic direction for insurance product lines across distribution channels and brands
- Define product strategy and roadmap and monitor product progression throughout the full life cycle
- Monitor and influence product performance to achieve company revenue and performance targets
- Ideate and develop business initiatives using product knowledge and results
- Develop product strategies and action plans with product line underwriting units to achieve growth and profit objectives
- Own inputs to bi-annual premium and exposure projections supporting financial budgeting and pro-forma processes
- Provide expert insights on profitability, retention, and growth strategies across underwriting, marketing, policyholder services, distribution, claims, actuarial, data analytics, customer, and digital experience
- Coordinate timelines, direct implementation of product strategies, and drive cross-functional alignment
- Develop competitive research templates and deliver competitive analyses
- Utilize and train others in internal analytical tools
- Analyze loss patterns, market forces, risk distributions, agency management, and product performance
- Develop and drive strategic product development initiatives
- Monitor marketplace, competitor, industry, regulatory, and compliance changes
- Partner with Actuarial to implement pricing, program structures, rate plans, and state-level enhancements
- Partner with Underwriting to facilitate process and system changes
- Lead business cases for changes to existing products and development of new products
- Organize product definitions for efficient downstream reporting
- Direct implementation of underwriting guideline changes
- Act as product leader and subject matter expert for current products, filed product changes, and new products
- Collaborate with Marketing, Legal, Compliance, Underwriting, and Actuarial to implement bureau rules, forms, coverage changes, and company-initiated changes
- Participate in regulatory filing approvals, market conduct exams, and responses to state filing objections
- Mentor and train junior team members as needed
Requirements
What you’ll need- Bachelor's degree from a college or university required with a major or emphasis in Business, Computer Science, Math, or related field, or equivalent combination of education and experience
- Minimum 6 years of experience in insurance product management
- Insurance industry knowledge and demonstrated work experience required
- Exposure to industry recognized product management curriculum, or demonstrated experience required
- Workers compensation or commercial lines knowledge required based on role designation
- Resourcefulness to research industry topics and develop proficient knowledge of internal systems and constraints to aid in managing individual state compliance
- Highly developed quantitative analysis, decision making, and project management skills
- Demonstrated ability to solve complex business problems
- Deep knowledge of the insurance product lifecycle, financial drivers of profitability, insurance regulations, and general insurance operations and business processes
- Ability to synthesize analytical results to guide business decisions
- Strong leadership, written and oral communication, teamwork, and organizational skills
- Ability to hold effective meetings, including setting agendas and attendees, time management, and documentation of meeting outcomes
- MBA is a plus
- Knowledge of actuarial practice area is a plus
- Experience managing complex, large-scale, high-risk product development projects preferred
- Chartered Property Casualty Underwriter (CPCU) preferred
- We are currently not offering employment sponsorship for this opportunity
Benefits
Comp & perks- Competitive benefits package
- Medical insurance
- Dental insurance
- Vision insurance
- 401K retirement plan
- Company match
- Bonus potential
- Paid Time Off
- Paid holidays throughout the calendar year
- 100% support for continued learning
- Challenging work and the ability to make a difference
- Voice and sense of belonging
