Assistant Director, Small Commercial Product Management - Central Division (Remote Opportunity)
Hartford CT- Home Office
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
The Small Commercial Product Manager has profit and growth responsibility for an assigned geographic region. They are ultimately responsible for creating and executing the local market strategy for their region, determining the key priorities for their geography.
The product manager is accountable for alignment across sales, underwriting, actuarial, and other key stakeholders in the organization around the local market strategy. The product manager is intimately involved in setting prices, designing product features, adjusting underwriting guidelines, along with direct input into underwriting practices, commission strategies, sales strategies, and other related areas of the business.
This role reports to a Product Director within the State Product Management team, with regular exposure to additional senior leaders in the organization.
Responsibilities:
Accountable for achieving / exceeding profit and growth targets in assigned territory within Central Division (AR, CO, IA, KS, LA, MO, NE, NM, OK, TX)
Develop strategic vision and tactical plan that will profitably expand market share within assigned geography with particular emphasis on property and catastrophe management
Work closely with sales, underwriting, actuarial, ERM, and other key business partners to develop and execute local market strategies, ensuring alignment and clarity of vision across the organization.
Remain grounded in geography-specific data so that shifts in competitiveness and profitability are well anticipated
Go beyond immediate state responsibilities to drive best practices and innovation across organization, particularly with respect to business unit-wide catastrophe management strategy across all perils
Qualifications:
Bachelor’s Degree in a quantitative field of study such as Economics, Finance, Business Analytics, Statistics, or Mathematics is highly recommended.
Masters in a quantitative field and/or MBA preferred, but not mandatory.
Ideal candidate will possess insurance product management experience, or professional P&C insurance industry experience evaluating product, pricing, research and/or underwriting of at least five years.
Effective communication skills paired with an ability to influence key business stakeholders.
Strong technical skills. Ability to work with larger data sets and develop analytical insights. Experience with actuarial concepts and commonly used Catastrophe Models such as AIR or RMS strongly preferred.
Solutions-oriented individual, with ability to think strategically and implement change, including by coaching and/or …
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Benefits/PerksCareer growth opportunities Collaborative environment Remote work Vision
Tasks- Analyze data
- Drive best practices
- Negotiation
- Problem solving
Analytical thinking Attention to detail Communication Critical thinking Data analysis Economics Finance Influence Insurance Negotiation Organizational Problem-solving Product Management Sales Strategic planning Technical Underwriting
Experience5 years
EducationBachelor's degree Business Analytics Economics Finance Master's degree Mathematics MBA Statistics
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