Insurance Product Manager

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

📋 Description

• Take charge of profitable growth in designated markets

• Guide the development of new products and pricing strategies from initial concept to state and national rollout

• Ensure effective execution of new product, pricing, and underwriting strategies at both state and national levels

• Maintain discipline regarding loss ratios and risk tolerance while driving profitable growth

• Ensure that forecasts and business goals reflect current and anticipated market conditions

• Manage catastrophe and concentration risks as the business pursues growth targets

• Analyze competitors and their strategic approaches

• Disseminate competitive insights throughout the organization

• Create impactful market initiatives and tools for competitive intelligence

• Provide regular reports on product performance

• Utilize data-driven approaches to enhance results

• Suggest KPIs and metrics to refine performance tracking

• Ensure products align with customer needs and expectations

• Integrate customer feedback into product development and enhancements

• Collaborate with underwriting, marketing, sales, IT, and operations teams

• Ensure compliance of products with relevant regulatory standards and requirements

• Identify and cultivate cross-functional process improvements that boost efficiency and effectiveness

⛳️ Requirements

• Bachelor’s degree in Business, Marketing, Finance, Actuarial Science, or a related field is mandatory; an MBA or advanced degree is preferred

• At least 10+ years of experience in product management, actuarial, finance, or related roles in the insurance sector

• Minimum of 5+ years in homeowners insurance is required

• Demonstrated history of successful product launches and strategic initiatives

• Profound understanding of personal lines insurance and reinsurance, including market trends, regulations, and competitive dynamics

• Strong leadership and team management capabilities

• Excellent analytical and problem-solving skills

• Proficient in leveraging data to inform strategic decisions

• Outstanding verbal and written communication abilities

• Capability to convey complex issues clearly to partners and stakeholders

• Creative thinker with a focus on innovation and continuous improvement

• Strong financial knowledge and understanding of regulatory requirements

• Proven customer-centric approach with the ability to integrate feedback into product strategy

🏝️ Benefits

• Long-term incentive awards, subject to program guidelines and approvals

• Three medical plan options

• Two dental plan options

• Vision plan

• Voluntary Critical Illness, Hospital Indemnity, and Accident plans

• Partially employer-funded Health Savings Account

• Flexible Spending Accounts for healthcare, dependent care, and transportation

• Company-paid Basic Life and AD&D insurance

• Short- and Long-Term Disability benefits

• Voluntary Life and AD&D plans

• Traditional and Roth 401(k) plans with discretionary employer matching

• Employer-funded Supportlinc wellbeing program offering meditation, mindfulness, mental health coaching, clinical care, and confidential resources

• LifeBalance discounts on gym memberships, travel, appliances, movies, pet insurance, and more

• Flexible paid vacation policy

• Typically nine company-paid holidays each year

• Paid sick leave

• Paid parental leave

• Identity theft protection program

• Travel assistance services

• Fitness and other discount programs

• Virtual interview options available

• Commitment to an inclusive culture and equal opportunity employment