Insurance Product Manager

Posted 1hrs ago

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Job Description

Insurance Product Manager at Independence Pet Holdings leading development of pet insurance products. Shaping strategies, driving innovation, and collaborating across teams in a remote role.

Responsibilities:

  • Lead the strategic direction of the pet insurance product suite, ensuring alignment with MGA objectives, carrier expectations, and market opportunities.
  • Develop and refine underwriting guidelines, appetite statements, rating algorithms, and product structures to support profitable growth.
  • Identify unmet customer needs and emerging trends in the pet insurance sector, converting insights into actionable product enhancements and new product concepts.
  • Own the end‑to‑end product lifecycle—from ideation and feasibility assessment to development, launch, monitoring, and iterative improvement.
  • Lead comprehensive market research, competitive benchmarking, and customer segmentation to identify whitespace opportunities and inform product positioning.
  • Monitor competitor pricing, coverage features, distribution strategies, and customer experience to ensure IPG’s offerings remain differentiated and relevant.
  • Partner closely with actuarial teams to develop pricing strategies, risk models, and rating structures that balance competitiveness with profitability.
  • Collaborate with sales, marketing, and distribution partners to design effective go‑to‑market strategies, product messaging, and launch plans.
  • Serve as the internal and external subject matter expert for assigned pet insurance products, providing guidance to underwriting, claims, distribution, and customer service teams.
  • Drive innovation across insurance and non‑insurance offerings, including wellness packages, loyalty programs, digital tools, and customer engagement features.
  • Ensure all product materials, policy wordings, and rating structures meet regulatory and carrier requirements.

Requirements:

  • Bachelor’s degree preferred, ideally in Risk Management, Business, Economics, Finance, Mathematics, Statistics, or Actuarial Science.
  • 5+ years of experience within the insurance industry, ideally with exposure to pet insurance, personal lines, or MGA environments.
  • Demonstrated experience developing and managing insurance products, pricing strategies, and underwriting frameworks.
  • Strong understanding of insurance market dynamics, regulatory frameworks, and compliance processes.
  • Strong analytical mindset with the ability to interpret data, identify trends, and drive data-driven decision-making.
  • Ability to work independently, manage multiple priorities, and creatively solve complex problems.
  • Excellent communication and stakeholder management skills, with a collaborative approach across departments and seniority levels.
  • Proficiency in MS Office, particularly Excel and PowerPoint.
  • SQL or data-querying skills preferred but not required.
  • Knowledge of pet insurance market trends, customer behaviors, and distribution models is a strong advantage.

Benefits:

  • Comprehensive full medical, dental and vision Insurance
  • Basic Life Insurance at no cost to the employee
  • Company paid short-term and long-term disability
  • 12 weeks of 100% paid Parental Leave
  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSA)
  • Retirement savings plan
  • Personal Paid Time Off
  • Paid holidays and company-wide Wellness Day off
  • Paid time off to volunteer at nonprofit organizations
  • Pet friendly office environment
  • Commuter Benefits
  • Group Pet Insurance
  • On the job training and skills development
  • Employee Assistance Program (EAP)