Director of Insurance Product Management – Construction
OpenBright
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $180,000 - $225,000 per year
Job Level
Lead
About the role
- Be the subject matter expert and build out our construction program from the ground up
- Define construction appetite and segmentation strategy, with strong alignment to loss drivers and data-informed underwriting decisions for new business, renewals, and endorsements
- Prepares and develops premium quotations utilizing underwriting guidelines within letter of authority.
- Work cross functionally with technical product teams to optimize hazard detection and risk management within our AI risk intelligence platform
- Partner with risk services teams to optimize GTM strategy and new product launches
- Develops and manages agency relationships, addressing agents’ and policyholders’ concerns/needs.
- Ensure product and process compliance and build scalable operations for future products and enhancements.
- Communicate product performance, trends, and strategy to leadership and cross-functional partners.
Requirements
- A minimum of 10 years experience in product management, underwriting, actuarial, or risk management with demonstrated technical knowledge in Workers Compensation, specifically within the construction vertical is required.
- Experience optimizing and pricing segmented products using data, modeling, and loss ratio analysis
- Comfortable with ambiguity, creative in building solutions, and rigorous in execution.
- Clear, structured communication skills for both technical and non-technical leadership audiences
- Ability to exercise advanced judgment skills in evaluating and determining the proper pricing for prospective policyholders using underwriting guidelines by accepting or rejecting risks for the purposes of issuing workers’ compensation insurance coverage.
- Ability to manage agency relationships and demonstrated ability to make sound underwriting decisions.
Benefits
- Offers Equity
- Offers Bonus
- 15% Annual
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
product managementunderwritingactuarialrisk managementWorkers Compensationdata modelingloss ratio analysispremium quotationshazard detectionrisk intelligence
Soft skills
creative problem solvingstructured communicationjudgment skillscross-functional collaborationrelationship managementexecution rigoradaptabilitystrategic thinkingdata-informed decision makingaddressing concerns