Key skills
Insurance product managementP&C insurance experienceSQLData analysisProject managementAnalytical frameworksCommunication skillsDecision-making skillsCollaborationCreativityCProject ManagementProduct ManagementCommunicationSales
About this role
Openly is rebuilding insurance from the ground up and is seeking a Senior Insurance Product Manager to lead key product management initiatives. This role involves developing insurance products, collaborating with teams, and analyzing performance indicators to drive growth.
Responsibilities:
- Developing and calibrating Openly’s personal lines products for company-wide provisions including UW appetite, coverage offerings, profitability targets, and Openly proprietary models
- Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
- Collaborating with our Technology and Operations teams to successfully implement product changes
- Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint
- Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development
Requirements:
- 5-7 years of experience in insurance product management and product development roles
- A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
- Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
- Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
- Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
- Strong decision-making skills
- P&C insurance experience is required, and personal lines auto and homeowners insurance experience is a plus
- Insurance product compliance and/or state launch experience is a plus
- Experience evaluating and interpreting catastrophe model output is a plus
- Familiarity with product development and product lifecycle management is a plus