Insurance Product Manager
2 months ago
At Trisura, we expect more because we believe it can be done better.
We are a young, growth-oriented team with a commitment to attracting and retaining exceptional talent. Our growth has landed us on the Growth 500 list twice and our entrepreneurial style and niche market position ensure that our people see the result of their hard work reflected in the company’s success.
We are currently seeking a qualified individual for the following opportunity in our Boston or Stamford office:
INSURANCE PRODUCT MANAGER
Specialty Insurance
The Insurance Product Manager will have responsibility to develop and execute comprehensive products across the US.
Responsibilities:
- Develop and execute comprehensive product strategies aligned with company objectives to support the Corporate Insurance and Surety divisions. Products Include, but not limited to Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, Commercial Crime, Kidnap & Extortion Coverage, Errors and Omissions and Surety.
- Collaborate with cross-functional teams including actuarial, underwriting, and marketing to ensure product viability and profitability.
- Oversee the entire product lifecycle from ideation to launch and ongoing management.
- Develop product roadmaps and timelines, ensuring timely delivery and adherence to regulatory standards.
- Review filings for jurisdictional requirements and identify recommended revisions.
- Prepare, submit and monitor countrywide and state-specific product filings.
- Serve as point of contact for interrogatories including drafting redlined changes as necessary, preparing response language and engaging leadership for approval.
- Maintain and monitor forms, rate, rule and manuscript libraries and identify opportunities to enhance product filings.
- Establish and maintain resources to support ongoing underwriting compliance.
- Cultivate strong relationships with external partners such as reinsurers, brokers, and regulatory agencies.
- Stay abreast of industry regulations and ensure compliance with all applicable laws and standards.
- Collaborate with legal and compliance teams to interpret regulatory requirements and integrate them into product design and marketing materials.
- Conduct in-depth market research to identify emerging trends, competitive landscape, and customer needs.
Qualifications:
- Bachelor's degree in Business Administration, Marketing, Finance, or related field required.
- Advanced degree or relevant certifications (e.g., CPCU) preferred.
- Minimum 5 years of experience in insurance product management, underwriting, or related roles.
- Demonstrated track record of success in managing insurance product lifecycle.
- Strong understanding of insurance principles, products, and regulations.
- Proficiency in SERFF Insurance Filing System is a plus.
- Proven ability to lead cross-functional teams and drive collaboration towards common goals. Experience mentoring and developing junior team members is a plus.
- Deep understanding of insurance industry trends, competitive dynamics, and emerging technologies impacting insurance product development and distribution
If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you
We thank all candidates for their interest however only those selected for an interview will be contacted.
Here at Trisura, we are committed to an inclusive and barrier-free workplace that reflects the diversity in each of our offices across North America. Accommodations will be provided on request for candidates taking part in all aspects of our recruitment and selection process.
Trisura is a specialty lines insurer with a focus on Surety, Specialty Insurance, Property & Casualty, and Warranty products.
Trisura brings innovative solutions and expertise through a select network of both national and regional brokerage firms.
The company, founded in 2006, and operating across North America with offices in Toronto, Halifax, Montréal, Calgary, Vancouver, Stamford, Boston, Denver, Chicago, Philadelphia and Oklahoma City, is uniquely positioned to satisfy all varieties of risk in Contract, Commercial and Developer Surety, Directors' and Officers' Liability, Fidelity, and Professional Liability including Media Liability, as well as Warranty products.
www.trisura.com
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