Manages designated product lines within a business unit to ensure they remain competitive and relevant.
Supports strategy development and execution and manages lifecycle processes to achieve revenue, profit, and growth targets.
Evaluates financial performance and implements adjustments to optimize product line results.
Collaborates cross-functionally to deliver competitive, compliant, and customer-focused insurance products.
Ensures effective product line management and alignment with state product goals.
Conducts competitor analysis to inform product strategies.
Evaluates models, rating variables, and market segments to recommend adjustments that improve competitive positioning.
Analyzes competitor earning reports, market positioning, and countrywide rating curves to support product development and rate strategies.
Applies research findings to support product initiatives and pricing decisions.
Coordinates with cross-functional teams to implement product strategies and operating standards that facilitate profitable growth.
Uses in-depth business knowledge to contribute to strategic planning for rating approaches, rating variables, and performance metrics.
Optimizes rating structures by analyzing losses, coverage types, and industry trends.
Performs trend analyses such as retention analysis and new money trends to support product planning and inform decisions.
Provides data-driven recommendations for adjustments to product design, rules, rates, or underwriting.
Coordinates cross-functionally to evaluate and execute countrywide non-rate or underwriting actions.
Manages processes to assess the impact of changes in policy terms and coverage options, analyzes their effectiveness, and recommends adjustments to enhance outcomes.
Monitors product performance metrics to identify trends, ensure compliance, and evaluate results.
Prepares reports for stakeholders and maintains systems to monitor financial results, product outcomes, and post-project performance.

Requirements

Minimum five years of experience required in product line management or similar role.
Commercial Insurance experience preferred.
Demonstrated analytical skills.
Able to analyze data and trends to make informed decisions and recommendations.
Possesses strong product knowledge.
Working knowledge of insurance products including commercial lines, property & casualty (P&C) lines, and other relevant types.
Demonstrated P&L management experience.
Effective leadership skills.
Demonstrated collaboration skills.
Effectively coaches and delivers constructive feedback.
Possesses strong technical aptitude.
Proficient in Microsoft Office suite.
Familiarity with product management tools, data analysis software, and reporting systems.
Working knowledge of SQL preferred.

Benefits

Medical
Dental
Vision
Health Savings and Flexible Spending Accounts
Life Insurance
Paid Time Off

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills

product line managementfinancial performance analysiscompetitor analysistrend analysisP&L managementdata analysisrating structures optimizationinsurance product knowledgeSQLMicrosoft Office

Soft skills

analytical skillsleadership skillscollaboration skillscoachingconstructive feedback