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Insurance Product Manager

2 months ago

Chicago, United States Blitz Insurance Group Full time

Insurance Product Manager


About the company:

Blitz is a new digital-first insurance carrier leveraging technology & data to bring the antiquated $100B market for specialty commercial risks into the modern era. Blitz's fast and simple end-to-end insurance platform displaces the lengthy, manual processes that have frustrated both brokers and business customers since they were last updated 30 years ago. Blitz's platform enables a 100x improvement in broker and customer experience by:

Empowering both parties with simple tools to gather information and receive quotes

  • Reducing time to quote from weeks to minutes
  • Providing flexibility in product choices and levels of coverage
  • Developing innovative insurance solutions pinpointing the needs of historically underserved markets


The company is led by a veteran team of insurance and technology experts and is starting with $35M in funding from its founder & CEO, a Forbes-listed serial entrepreneur in the real estate and insurance industries. Blitz has an ambitious go-to-market schedule of launching multiple new products and markets and projects a high growth trajectory supported by further venture investment.


Responsibilities:

  • Identify opportunities to improve coverages, recommend solution alternatives, and coordinate with other areas to implement improvements
  • Support research competitors’ forms and appetite across different market verticals
  • Leads management of existing products based on core business metrics (e.g., profitability, retention, hit ratio)
  • Collaborates closely with technical product management and engineering to ensure accurate implementation of insurance product requirements
  • Underwrite complex underwriting referrals and exceptions to the core guidelines and use learnings to optimize the underwriting algorithm


Qualifications:

  • 4+ years of related insurance experience in P&C commercial lines in underwriting, analytics or actuarial related roles
  • Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines
  • Ability to learn new applications and systems and process complex data from multiple sources to create analyses and reports
  • Strong analytical, quantitative, and problem-solving skills
  • Strong technical skills with proficiency in Excel, PowerBI, SQL
  • Ability to work remotely with a high level of self-motivation
  • Excellent written and verbal skills- ability to work in a team environment