Posted in

Associate Product Manager – Personal Lines

Associate Product Manager – Personal Lines

CompanyNationwide
LocationOhio, USA
Salary$70000 – $145500
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Bachelor’s degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration or related field preferred.
  • Progress toward or completion of CPCU, AU CIC, INS ARM, Actuarial exams or similar designations preferred.
  • Six years of experience in underwriting or product preferred.
  • Knowledge of core business functions and detailed knowledge of commercial lines insurance products and pricing architecture, state regulations, underwriting procedures and standard methodologies.
  • Solid understanding of financials, trend analysis and competitor data.
  • Proficiency in analytical tools, relational databases, data visualization techniques, query-based language and/or statistical software experience preferred.
  • Ability to communicate effectively, both verbally and in writing to present information, communicate and influence internal and external partners at all levels.
  • Must be skilled in the use of related systems and analytical tools.

Responsibilities

  • Captures information from multiple internal and external sources according to company guidelines, including competitor filings to perform analysis.
  • Analyzes product performance and proactively finds opportunities at state, line of business and agency level.
  • Handles own schedule to complete work within established time and service standards.
  • Determines and recommends how to position products for overall profitability using rate reviews, pricing, risk appetite, placement, timing, etc.
  • Develops detailed product plan to achieve long- and short-term financial objectives for assigned state(s) and product(s).
  • Consults with leadership and internal partners regarding analysis, ideas and business performance.
  • Communicates information regarding products, pricing and organizational decisions to internal and external partners verbally and in writing.
  • Proactively builds and strengthens relationships with peers, internal and external partners to support completion of ongoing assignments.
  • Participates in training classes, department and company meetings.

Preferred Qualifications

  • Cross-functional experience from other areas and experience with data analysis preferred.