Commercial Insurance Product Specialist

This is a fully remote position, open to applicants in United States.

📋 Description

• Spearhead the development of innovative products and solutions aimed at enhancing premium volume growth while ensuring the competitiveness and profitability of the product portfolio.

• Perform thorough market research to uncover trends, opportunities, and the competitive landscape.

• Collaborate with underwriting, actuarial, and claims teams to craft insurance solutions and establish product specifications, pricing strategies, and policy language.

• Examine market data and customer feedback to pinpoint opportunities for product enhancements, improvements, and the development of new products.

• Formulate and implement product strategies and roadmaps, while conducting SWOT analyses.

• Create product and rate revisions, underwriting guidelines, manuals, and procedures.

• Partner with marketing, business development, and insurance operations teams to facilitate product launches and provide ongoing support.

• Design and deliver training for internal teams and external agents regarding new products and product modifications.

• Keep abreast of industry trends, regulatory changes, and market fluctuations.

• May mentor staff and engage in talent selection, development, and performance management processes.

• Execute additional duties as assigned.

⛳️ Requirements

• Bachelor’s Degree in Business, Economics, Statistics, or a related field.

• A minimum of 9 years of relevant underwriting or product experience.

• Advanced technical expertise in insurance products and lines of business.

• Familiarity with industry laws and regulations.

• High-level proficiency in analyzing competitive data and industry trends.

• Strong analytical capability with the ability to leverage data for informed decision-making.

• Proven decision-making skills and a customer-focused approach.

• Exceptional communication skills and the ability to foster relationships.

• This position may require occasional travel.

• Candidates must be authorized to work in the United States without the need for current or future sponsorship.

🏝️ Benefits

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Wellness plans.

• Parental leave.

• Adoption assistance.

• Tuition reimbursement.

• Paid Time Off.

• Paid holidays.

• 401(k) plan with company match.

• Employee stock purchase plan.

• Commuter benefits.