Insurance Product Manager

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

📋 Description

• Take charge of profitable growth within designated markets.

• Drive new product and pricing initiatives from the initial concept to state and national rollout.

• Ensure the effective implementation of product, pricing, and underwriting initiatives for a nationwide homeowners insurance product line.

• Maintain discipline in loss ratio and risk tolerance while achieving profitable growth.

• Ensure that forecasts and business objectives reflect current and anticipated market conditions.

• Manage catastrophe risk and concentration risk effectively.

• Conduct competitor analysis and evaluate their strategies.

• Disseminate competitive insights across the organization and create competitive intelligence tools.

• Provide regular reports on product performance.

• Utilize data-driven decisions to enhance outcomes.

• Suggest KPIs and metrics to refine performance tracking.

• Integrate customer feedback into product development and enhancements.

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

• Ensure that products adhere to relevant regulatory requirements and standards.

• Identify and cultivate cross-functional process enhancements.

⛳️ Requirements

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

• A minimum of 5+ years of experience in product management, actuarial, finance, or related roles within the insurance sector is required.

• At least 2+ years of experience in homeowners insurance is mandatory.

• Proven track record of leading product launches and strategic initiatives at both state and national levels.

• Comprehensive understanding of personal lines insurance and reinsurance, including trends, regulations, and the competitive landscape.

• Strong leadership and team management capabilities.

• Excellent analytical and problem-solving skills.

• Proficient in utilizing data to inform strategic decisions.

• Outstanding verbal and written communication abilities.

• Capacity to articulate complex issues clearly for partners and stakeholders.

• Innovative thinking with a passion for continuous improvement.

• Strong financial acumen and knowledge of regulatory requirements.

• Demonstrated customer-centric approach and ability to incorporate feedback into product strategy.

🏝️ Benefits

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

• Three options for medical plans.

• Two options for dental plans.

• Vision insurance.

• Voluntary Critical Illness, Hospital Indemnity, and Accident insurance 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 insurance plans.

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

• Employer-paid wellbeing program featuring guided meditation, mindfulness exercises, mental health coaching, clinical care, and confidential resources including will preparation.

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

• Flexible paid vacation policy.

• Company-paid holidays, typically nine per year.

• Paid sick leave.

• Paid parental leave.

• Identity theft protection program.

• Travel assistance services.

• Various fitness and discount programs.