Commercial Insurance Risk & Pricing Manager
SafeLease
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteJob Level
Mid-LevelSenior
Tech Stack
PythonSQL
About the role
- Refine insurance products based on market research, customer insights, and competitive analysis.
- Define product roadmaps and work with cross-functional teams to bring new products and coverage features to market.
- Monitor industry trends and regulatory changes to ensure compliance and competitiveness.
- Refine pricing models that balance risk and profitability.
- Analyze claims data, model cat losses, and underwriting performance to refine pricing strategies, rating factors, and underwriting rules.
- Maintain and update underwriting guidelines and practices.
- Conduct research to identify customer needs, market trends, and competitive positioning.
- Recommend product enhancements and new opportunities based on data-driven insights.
- Work closely with sales to fully understand customer needs and ensure product has sufficient features and pricing to be competitive in the market.
- Work closely with underwriting, sales, legal, marketing, and technology teams to ensure successful product launches.
- Provide training and support to sales teams to effectively position and sell products.
- Ensure all products comply with non-admitted insurance regulations and company policies. Conduct independent research of state statutes where required.
- Work with legal resources and carrier personnel to obtain necessary approvals for coverage and forms changes.
- Track and monitor key performance metrics, including conversion rate, quote cycle time, claims experience, profitability, PML and aggregation.
- Adjust product features and pricing as needed to optimize performance.
Requirements
- Education: Bachelor’s degree in Engineering, Sciences, Business, Finance, Insurance, Actuarial Science, or a related field. Relevant work experience and demonstrated skills can substitute for formal education.
- Experience: 3+ years of insurance product management and/or analytics within the insurance industry (property & casualty or specialty insurance).
- Strong Excel skills required. Python or other programming language and SQL skills are preferred.
- Strong understanding of underwriting, coverages, actuarial principles, and regulatory requirements. Cat modeling experience is plus.
- Experience in data analysis, pricing strategies, and risk assessment.
- Experience in commercial lines or specialty insurance is a plus.
- Excellent communication and stakeholder management skills.
- Ability to think strategically while managing day-to-day operational details.
Benefits
- Unlimited PTO
- Full health benefits
- Flexible work setups
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
ExcelPythonSQLdata analysispricing strategiesrisk assessmentcat modelingunderwritingactuarial principlescompetitive analysis
Soft skills
communicationstakeholder managementstrategic thinkingoperational management