
Insurance Product Manager
Openly
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $115,680 - $137,370 per year
Tech Stack
About the role
- Developing and calibrating Openly’s homeowners program for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models
- Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
- Collaborating with our Technology and Operations teams to successfully implement and launch the product in new states
- Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint
- Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development
Requirements
- 3-5 years of experience in insurance product management and product development roles
- A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
- Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
- Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
- Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
- Strong decision-making skills
- P&C insurance experience is required, and homeowners insurance experience is a plus
- Insurance product compliance and/or state launch experience is a plus
Benefits
- Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
- Competitive Salary & Equity
- Comprehensive Medical, Dental, and Vision Plan Offerings
- Life and disability coverage including voluntary options
- Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
- 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
- Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
- Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
- Be Well Program - Employees receive $50 per month to use towards your overall well-being
- Paid Volunteer Service Hours
- Referral Program and Reward
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
SQLdata manipulationquantitative analysesactuarial indicationsloss ratiosfrequency trendsseverity trendssales conversionpersistencyproduct development
Soft Skills
communicationproject managementcollaborationdecision-makingcreativityproblem-solvinganalytical thinkingleadershipadaptabilitystrategic thinking