AVP State Product Management - General Motors Insurance

GM Financial is focused on reinventing insurance for GM drivers, aiming to create a seamless experience for consumers. The AVP State Product Management role involves managing a portfolio of states, providing expert product and regulatory knowledge, and influencing product strategy across the organization.

Responsibilities:

• Responsible for establishing strategic vision and implementing business plans to achieve profit and growth targets in portfolio of states
• Manage, mentor and develop state managers and other staff
• Prioritize state insurance product initiatives and manage allocation of team resources
• Influence direction of countrywide product and operational initiatives
• Project premium and loss ratio for portfolio of states in consideration of planned actions
• P&L ownership of one or more complex state(s)
• May be responsible for launching a new state
• Serve as product and regulatory expert to State Product Management and other teams
• Monitor the market conditions and competitive, legislative and regulatory environments in portfolio of states to identify emerging threats and opportunities and recommend plans for responding
• Investigate and resolve potential compliance issues
• Develop hypotheses and seek out new ideas and approaches to business issues
• Seek continuous process improvement

Requirements:

• Substantial knowledge of the personal auto insurance product, including coverage, underwriting, operations, pricing and the insurance regulatory system
• Experience developing and implementing new, creative and effective solutions to highly complex business issues
• Experience managing relationships with upper management and with technical roles
• Proven track record managing insurance product performance, including one or more complex states
• Experience managing, mentoring and developing people
• Ability to utilize quantitative approaches to generate sound business analyses with detail orientation. Identify results out of the norm, draw conclusions and articulate findings
• Exceptional interpersonal, communication (verbal and written), cross-collaboration and team skills
• Ability to manage multiple projects simultaneously
• Strong in the use of Microsoft Office software including strong ability to analyze data using Excel for reporting and data mining purposes
• Ability to meet expected delivery dates and the tasks necessary to achieve objectives
• Strong ability to lead, organize, and supervise
• 5-7 years Related professional experience with analysis and/or managing insurance performance including product management, actuarial, underwriting required
• 5-7 years Leading direct reports or matrixed project teams required
• Bachelor's Degree or equivalent experience required
• Certifications such as FCAS/ACAS or CPCU are a plus