Insurance Product Manager

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

📋 Description

• Oversee the effective rollout of new products, pricing strategies, and underwriting initiatives on both state and national levels.

• Uphold discipline in loss ratios and risk tolerance while driving profitable growth in designated markets; ensure that forecasts and business goals reflect current and anticipated market conditions.

• Efficiently manage catastrophe risk and concentration risk as the organization aims to achieve its growth targets.

• Examine key competitors and their strategies; disseminate insights throughout the organization to formulate effective market strategies and enhance competitive intelligence tools.

• Regularly assess product performance and make data-informed choices to maximize results; propose KPIs and metrics to refine performance tracking.

• Confirm that all products align with customer needs and expectations; integrate customer feedback into product development and enhancement.

• Collaborate across functions with underwriting, marketing, sales, IT, and operations teams to execute cohesive and impactful product initiatives.

• Ensure all products adhere to applicable regulatory requirements and standards.

• Recognize and create cross-functional process enhancements that improve both efficiency and effectiveness.

⛳️ Requirements

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

• At least 10+ years of experience in product management, actuarial, finance, or related positions within the insurance sector; a minimum of 5+ years in homeowners insurance is required.

• Demonstrated success in product launches and strategic initiatives.

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

• Strong leadership and team management capabilities; adept at motivating and guiding cross-functional teams towards shared objectives.

• Exceptional analytical and problem-solving skills; adept at leveraging data to inform strategic decisions.

• Outstanding verbal and written communication abilities; skilled at clarifying complex issues for partners and stakeholders.

• Innovative thinker with a dedication to creativity, continuous improvement, financial insight, and regulatory awareness.

• Proven commitment to customer focus and the capacity to integrate feedback into product strategy.

🏝️ Benefits

• Health insurance

• 401(k) matching

• Flexible work hours

• Paid time off

• Remote work options

• Wellness programs