Senior Manager, Major Claims
ICW Group
Tableau
Senior Commercial Lines Product Manager
Encova Insurance
full-time
Posted on:
Location Type: Remote
Location: Remote • Connecticut, Florida, Illinois, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Minnesota, Missouri, Montana, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin • 🇺🇸 United States
Visit company websiteSalary
💰 $97,153 - $155,445 per year
Job Level
Senior
Tech Stack
Tableau
About the role
- Manage assigned line of business and other products to optimize profitability and align with corporate strategy
- Develop profitable growth strategies
- Strategically plan/schedule new products, product revisions, and product rate reviews
- Provide technical support and assistance regarding major projects and act as a mentor and develop expertise in others
- With segment specialists/managers, develop and carry out strategic plans to grow assigned lines of business by working closely with commercial lines leadership, key stakeholders and cross-functional teams
- Perform thorough assessments of profitability, product profile, competitor information and growth to identify loss and profit drivers and market opportunities
- Lead the development of solutions to address loss drivers and optimize profit drivers through collaborations, strategic and innovative thought, and data-based decisions
- Lead efforts in the creation of and effectively communicating market insights, product strategy, recommendations, policyholder notices and project updates
- Act as a subject matter expert on projects to ensure intended direction and help with business requirements and lead creation and execution of user acceptance testing
- Coordinate and execute new carrier/state launches, determine algorithms for new states and deliver requirements for system specifications
- Ensure premium algorithms, rates, rules and class codes are compliant with state regulations and loaded correctly into systems
- Monitor adoption of ISO manual revisions and advise insurance department of adoption or deferral dates
- Ensure all filings are properly prepared and act as consultant on filing issues
- Collaborate with compliance specialist and other business partners regarding state regulatory environments and support market conduct examinations and audits
- Review trade organization circulars and bulletins and make recommendations
- Provide training and coaching for new and less-experienced team members
- Monitor metrics by project and by product to strengthen product management effectiveness
Requirements
- Significant experience with mid-large account commercial lines underwriting
- Time spent in product manager role
- Minimum of seven years’ experience with commercial lines product management and underwriting and/or claims experience preferred
- Experience with state filing through S.E.R.F.F. is preferred
- Chartered Property Casualty Underwriter (CPCU) or other professional insurance designations preferred
- Previous experience in reading and interpretation of insurance rating manuals, policy forms & endorsements, and various state and trade bulletins
- Proven analytical skills; proficient with data management tools (i.e. Tableau)
- Knowledgeable in analyzing financial results, profitability, and forecasting
- Proven superior interpersonal communication (oral and written) and leadership skills
- Experience with strategic thinking/planning for good forecasting skills, inductive and deductive reasoning skills
- Ability to delegate work to others and mentor others to develop their expertise
- Ability to set realistic goals and define product roadmaps
- A Bachelor’s degree from an accredited college or university is preferred (commensurate experience may be considered)
Benefits
- a 401(k)
- wellness programs
- bonus incentive plans
- flexible schedules
- early close of the office every Friday
ATS Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
commercial lines underwritingproduct managementstate filingdata managementfinancial analysisprofitability analysisforecastinguser acceptance testingalgorithm developmentmarket analysis
Soft skills
interpersonal communicationleadershipstrategic thinkingmentoringdelegationanalytical skillscoachingcommunicationcollaborationgoal setting
Certifications
Chartered Property Casualty Underwriter (CPCU)
