Commercial Lines Product Manager

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

📋 Description

• Take ownership of assigned financial outcomes, encompassing premium growth, loss ratio, expense trends, retention, and overall profitability.

• Formulate and implement product strategies that facilitate profitable growth, ensure competitive positioning, and create a cohesive experience for agents and customers.

• Track portfolio performance and key performance indicators, identify trends, and suggest actions to enhance underwriting outcomes and business success.

• Collaborate with Underwriting, Actuarial, Claims, Finance, and Sales teams to assess results, fine-tune pricing and underwriting strategies, and tackle emerging performance challenges.

• Spearhead product enhancements and nationwide initiatives, including the development of coverage, adjustments in ratings, underwriting guidelines, and process optimizations.

• Analyze market trends, competitor offerings, agent feedback, and customer requirements to pinpoint opportunities for product enhancement and expansion.

• Work alongside the Product team on shared product functionalities, nationwide initiatives, and ensure consistent execution across THREE.

• Partner with Engineering, Product & Operations, and other stakeholders to prioritize and enact product modifications that boost efficiency, scalability, and improve agent and customer interactions.

⛳️ Requirements

• Over 7 years of progressive experience in commercial Property & Casualty insurance, with a background in product management, underwriting, product development, or portfolio management.

• Deep understanding of commercial insurance products, underwriting practices, pricing, and portfolio profitability.

• Proven ability to analyze financial and underwriting outcomes, identify root causes, and convert insights into actionable business strategies.

• Experience managing product performance or a portfolio of business, with a solid grasp of P&L drivers and profitability metrics.

• Strong analytical capabilities, financial modeling skills, and problem-solving aptitude.

• Familiarity with data visualization or business intelligence tools is preferred.

• Capacity to lead cross-functional projects, influence stakeholders without direct authority, and drive execution across various teams.

• High level of personal accountability, strong inclination towards action, and the ability to resolve issues proactively without waiting for a detailed plan.

🏝️ Benefits

• Medical (PPO/HDHP), vision, disability, and life insurance.

• Enhanced dental plan including orthodontia coverage in addition to a standard plan.

• Generous PTO plan for all employees eligible for benefits.

• Paid company holidays and 4 floating holidays.

• Paid parental leave.

• Employee Retirement Savings Plan/401(k) with company match and immediate vesting.

• Education Assistance Program providing 100% upfront tuition reimbursement after 6 months of service for approved degree programs.

• Service Recognition Program offering a monetary award towards a vacation every 5 years of employment.

• Wellness Initiatives including Fitness Center and Weight Watchers Reimbursement programs.

• Voluntary benefits such as accident, critical illness, and hospital indemnity.

• Employee discount and rewards program on travel, tickets, electronics, home, and more.