Property & Casualty Product Manager

Role Overview

• Complete proactive analysis of assigned states/responsibilities to ensure integrity of existing products by serving as team member on channel-driven product enhancement projects.
• Research business ideas and market opportunities or trends that lead to new product ideas.
• Develop comprehensive analysis of financial potential of new product ideas.
• Utilize knowledge of rate making and product costs (direct and indirect) in determining future actions at a state level and rate making exercises.
• Research, select and define and develop new product features, and market positioning based upon customer need and competitive environment.
• Develop quality standards, administration, policy language and pricing for new products.
• Develop and present business plans and justification for new business opportunities/new products with potential financial impacts.
• Manage and direct internal resources and external vendors for effective implementation of new products.
• Analyze testing of new products and existing products enhancements to ensure product maintains positioning and profitability.
• Develop relationships with outside companies for potential strategic alliances and/or vendor administrators.
• Keep up on latest industry and consumer trends by attending educational workshops, reviewing professional publications, Internet research, establishing personal networks, and/or participating in professional societies.
• Help ensure implementation/testing of new and existing products through internal training and selling of new product ideas to sales force and client contact teams.
• Assist the client teams by attending client presentations as new product expert when necessary.
• Provide new thought direction and expertise to channels and client teams by attending brainstorming sessions for marketing, product enhancements or new product ideas.
• Support geographic-level reporting and analysis.
• Prepare maps, visual summaries, heat-charts, exposure analysis and other similar reports and analysis to understand product exposures and risk management at a granular geographic level.

Requirements

• A minimum of 5 years’ experience in product analysis or product management within Property & Casualty insurance, preferably HO3 (Homeowners) and HO6 (Condominium).
• Must have experience with regulatory language and interpretation of Forms.
• Proven analytical and conceptual thinking skills and a high attention to detail.
• Experienced performing effectively when changes in priorities, direction and resources occur.
• Advanced Excel skills required; general proficiency with Microsoft Office.

Benefits

• Health insurance
• 401(k) matching
• Paid time off
• Flexible working arrangements