Product Manager (Remote)

Product Manager

The Product Manager is responsible for the development and maintenance of a multi-state product line for a property and casualty insurance company writing personal, commercial, and farm lines.

Essential Duties

• Develops and maintains knowledge of all product lines including current and historical physical repository of all product lines rules and forms
• Analyzes demographics, competitor forms and actions, and regulatory statutes to create proposals for product development in new and existing lines based on company objectives
• Prepares and makes state filings or support for form and rate filings regarding product forms, including communication of expectations and progress to internal stakeholders
• Maximizes product marketability by assessing product features, customer friendliness, and agent quoting behavior
• Strategizes and coordinates with internal business partners in areas such as Underwriting, Actuarial, Claims, Marketing, and IT to implement comprehensive products and programs that further company objectives efficiently
• Monitors programs post-launch against key metrics (e.g. financial, regulatory, customer service) and make recommendations for future enhancement
• Queries company databases to conduct ad-hoc analyses surrounding possible market segments and product development and uptake.

Basic Qualifications

• Knowledge of Risk Segmentation, Insurance Pricing, Business Planning and Strategy, Business Project and Program Management, and Market Research;
• Knowledge and understanding of state and federal regulatory compliance requirements;
• General insurance industry knowledge (preferably P&C);
• Strong Critical Thinking and Analysis;
• Ability to author/co-author and implement underwriting guidelines, processes, and procedures;
• Understanding of catastrophe risk analysis tools;
• Strong, effective oral and written communication;
• Strong negotiation and conflict resolution skills;
• Project management organization, prioritization and time management skills;
• Strong ethics and team-oriented attitude;
• Technology proficient (Excel, Word, with an ability to learn new software).
• Experience and Education:
• Minimum 5 years of experience preferred with a bachelor’s degree in relevant field
• Proven track record of successful launched products;
• Experience in insurance underwriting, product management, and technology.