Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. As the Property & Casualty Product Manager, you will drive the success of an assigned product portfolio by collaborating cross-functionally, defining innovative solutions, and managing product vision and marketing efforts.
Responsibilities:
- 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
- Bachelor's degree in preferred in Insurance, Finance, Business Administration, Marketing, Mathematics or related field
- Ability to work effectively in a cross-functional team environment
- Strong relationship building skills, including an ability to influence internal & external stakeholders
- Ability to prioritize own work to meet tight deadlines with high sense of urgency
- Inquisitive nature and ability to seek out information
- Strong organizational skills