Insurance Product Development Manager

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

📋 Description

• Create and develop innovative insurance products, regulations, coverages, and enhancements that boost competitiveness and customer value.

• Spearhead state expansion initiatives by constructing and implementing pricing models for new states while optimizing existing state models for enhanced performance.

• Take ownership of the research and proposal process for new products, rules, coverages, and improvements.

• Manage the complete rollout process, from initial pricing analysis to launch and subsequent performance monitoring.

• Utilize AI and machine learning technologies to improve pricing accuracy, identify emerging risk patterns, and expedite analytical workflows.

• Collaborate across functions with actuarial, product, and compliance teams to guarantee that new features are technically sound and compliant with regulations.

• Develop and sustain dashboards and key performance indicators (KPIs) that monitor the success of newly launched products and pricing features.

• Convert market and competitive analysis into actionable product recommendations and pricing modifications.

• Discover opportunities for pricing innovation prior to state expansion, ensuring preparedness for regulatory scrutiny and market entry.

⛳️ Requirements

• Over 5 years of experience in insurance product development.

• Proven record of building or launching new insurance products, features, or rating enhancements.

• Experience in facilitating state expansion initiatives, including the development of new-state pricing models and ensuring regulatory compliance.

• Practical experience using AI and machine learning tools in pricing, underwriting, or risk workflows, with demonstrable outcomes.

• Solid understanding of regulatory modeling and compliance standards across various states.

• Ability to convert market research and competitive analysis into specific pricing and product recommendations.

• Comfortable working collaboratively with actuarial, product, and compliance teams without having formal authority over these groups.

• Experience with homeowners insurance is preferred, though not required.

🏝️ Benefits

• Offers Equity