Product Manager

• 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

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