Property & Casualty Product Manager
Posted 2hrs ago
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Job Description
Product Manager driving success in the Property & Casualty insurance portfolio through analysis, market research, and product development. Collaborating cross-functionally to deliver innovative insurance solutions.
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.
Benefits:
- Health insurance
- 401(k) matching
- Paid time off
- Flexible working arrangements



















