Senior Product Manager

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

📋 Description

• Collaborate with essential stakeholders to steer the strategic vision for insurance product lines across various distribution channels and brands.

• Establish product strategy and roadmap while overseeing product development throughout its entire life cycle.

• Track and influence product performance to meet company revenue and performance goals.

• Generate and implement business initiatives informed by product knowledge and results.

• Formulate product strategies and action plans with product line underwriting teams to achieve growth and profitability targets.

• Manage inputs to bi-annual premium and exposure forecasts that support financial planning and pro-forma processes.

• Offer expert insights on profitability, retention, and growth strategies across underwriting, marketing, policyholder services, distribution, claims, actuarial, data analytics, customer experience, and digital channels.

• Coordinate timelines, oversee the execution of product strategies, and ensure cross-functional collaboration.

• Create competitive research templates and conduct competitive analyses.

• Utilize and provide training on internal analytical tools.

• Examine loss patterns, market dynamics, risk distributions, agency management, and product performance.

• Develop and promote strategic product development projects.

• Stay informed about marketplace trends, competitor activity, industry changes, regulatory updates, and compliance requirements.

• Collaborate with the Actuarial team to implement pricing strategies, program structures, rate plans, and enhancements at the state level.

• Work with Underwriting to facilitate process improvements and system modifications.

• Lead business cases for modifications to existing products and the creation of new products.

• Organize product definitions for streamlined downstream reporting.

• Supervise the implementation of underwriting guideline modifications.

• Serve as the product leader and subject matter expert for current products, filed product changes, and new product initiatives.

• Team up with Marketing, Legal, Compliance, Underwriting, and Actuarial to execute bureau rules, forms, coverage adjustments, and company-initiated changes.

• Engage in regulatory filing approvals, market conduct examinations, and responses to state filing objections.

• Mentor and guide junior team members as required.

⛳️ Requirements

• A bachelor's degree from a recognized college or university, preferably with a major or focus in Business, Computer Science, Math, or a related field, or an equivalent combination of education and experience.

• A minimum of 6 years of experience in insurance product management.

• Proven knowledge of the insurance industry and relevant work experience is essential.

• Familiarity with industry-standard product management curriculum or demonstrable experience is required.

• Knowledge of workers compensation or commercial lines is necessary based on role designation.

• Resourcefulness in researching industry topics and developing a strong understanding of internal systems and constraints to support state compliance management.

• Highly developed skills in quantitative analysis, decision making, and project management.

• A demonstrated capacity to solve complex business challenges.

• Extensive knowledge of the insurance product lifecycle, financial factors influencing profitability, insurance regulations, and general insurance operations and business processes.

• Ability to synthesize analytical findings to inform business decisions.

• Strong leadership, communication (both written and verbal), teamwork, and organizational skills.

• Competence in conducting effective meetings, including setting agendas, managing time, and documenting meeting outcomes.

• An MBA is an advantage.

• Knowledge in the actuarial practice area is a plus.

• Experience in managing complex, large-scale, high-risk product development projects is preferred.

• Chartered Property Casualty Underwriter (CPCU) designation is preferred.

• Please note that we are currently not providing employment sponsorship for this position.

🏝️ Benefits

• Competitive benefits package.

• Medical insurance.

• Dental insurance.

• Vision insurance.

• 401K retirement plan.

• Company match.

• Bonus potential.

• Paid Time Off.

• Paid holidays throughout the calendar year.

• Full support for continued learning.

• Challenging work with opportunities to make a meaningful impact.

• A voice and a sense of belonging.