Product Manager – Commercial, Farm

Hastings Insurance Company

Product Manager managing product development for Commercial or Farm lines at Hastings Insurance. Developing strategies and ensuring regulatory compliance in product offerings.

Posted 4/25/2026full-timeHastings • Illinois, Missouri, Ohio, Wisconsin • 🇺🇸 United StatesMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

Develop strategies for assigned Commercial or Farm product lines across pricing, product design, and underwriting approach
Identify opportunities to improve profitability and competitiveness through product enhancements and new offerings
Design and manage product changes from concept through implementation and service delivery
Analyze product performance using cost and benefit data and recommend actionable improvements
Coordinate implementation of product revisions across underwriting, claims, IT, and other business areas
Monitor industry trends and market conditions to identify new opportunities within Commercial or Farm segments
Ensure timely regulatory compliance including form design and state filings
Develop formal product proposals including rate indications, coverage comparisons, and rating variable analysis
Partner with Actuarial to develop pricing strategies and evaluate business impacts
Lead cross-functional collaboration to gain alignment and approval on product changes
Oversee communication and training related to product updates for internal and external audiences
Maintain underwriting guidelines, eligibility rules, and product documentation
Work with Legal to ensure compliance with applicable laws and regulations
Prepare and manage rate, rule, and form filings using SERFF
Respond to regulatory inquiries and objections in partnership with Actuarial
Define system requirements and oversee implementation of product changes within policy systems
Validate accuracy of rates, algorithms, and system updates through testing and review
Serve as a subject matter expert supporting underwriting, claims, and other departments
Conduct periodic audits and maintain form indexes for assigned product lines
Participate in cross-functional projects and continuous improvement efforts.

Requirements

What you’ll need

Bachelor’s degree in Business, Mathematics, Statistics, Insurance, or related field or equivalent experience
Minimum five years of Property and Casualty insurance experience
Direct experience in Commercial lines, Farm lines, or both with strong preference for candidates with exposure to both areas
Background in underwriting, product development, or marketing within P&C insurance
Strong understanding of pricing, rating structures, and coverage forms
Experience with product management concepts including rate development and product lifecycle management
CPCU or other insurance designations or actuarial coursework preferred
Strong analytical and statistical aptitude
Clear and effective written and verbal communication skills
Proficiency with Microsoft Office tools
Strong organization, collaboration, and problem-solving skills.

Benefits

Comp & perks

Flexible work arrangements
Professional development opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

product developmentpricing strategiesrate developmentproduct lifecycle managementstatistical analysiscost and benefit analysisregulatory complianceproduct enhancementsalgorithm validationauditing

Soft Skills

analytical aptitudewritten communicationverbal communicationorganizationcollaborationproblem-solvingcross-functional leadershiptrainingstrategic thinkingstakeholder engagement

Certifications

CPCUactuarial coursework