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Policy Product Manager

3 months ago


Dallas, United States Welling Young, LLC Full time

Responsibilities


  1. Provide regulatory and coverage advisory guidance to Business Units.
  2. Participate in product review team’s daily meetings.
  3. Create a product overview for each product to serve as the guidance document.
  4. Identify data that should be gathered into a database for measuring product performance.
  5. Assure that rating systems properly follow admitted rating rules.
  6. Create or modify forms to respond to loss trends, legal trends, comply with regulatory. requirements, respond to customer’s coverage needs, and at the request of the business units.
  7. Develop new coverages based on requirements from business unit leaders.
  8. Assure all forms are reviewed by legal and provide all feedback to the business units.
  9. Communicate coverage issues to claims and the business units.
  10. Evaluate competitor policy forms and communicate important differences to the business units.

Coordinate, direct, and monitor filing vendor’s filing process with various state departments of insurance using System for Electronic Rates & Forms Filing.

Develop and maintain recordkeeping of all forms, editions, state approval status, legal guidance, and usage by Business Unit.

  1. Assure that all forms are approved by Amherst before being provided to the business units.




Qualifications:

Bachelor's Degree

5+ years Product Management experience.

CPCU designation preferred.

Experience with submitting form and rate filings and responding to DOI comments/objections.

Able to critically evaluate problems and quickly recommend and implement a path to a solution.

Experience working in a very fast-paced dynamic startup environment that is heavily data-driven.

Excellent communication skills and the ability to collaborate effectively with cross-functional teams.

Ready to roll up your sleeves and dive into a fast-paced, dynamic environment.

Excellent verbal and written communication skills including the ability to effectively present summary of analytical work and ideas to Senior Management, other departments, and staff.

Strong organization and time management skills.

Ability to balance quantitative analysis with competitor behaviors with the marketplace.

Ability to create and modify commercial insurance policy language.