Insurance Product Manager
2 months ago
For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedIn
Insurance Product Manager -BOP -St. Petersburg, FL
FinTrust Connect, a trusted partner of a well-established financial institution, is in search of a dynamic Product Manager to oversee our client's CMP products, specifically Business Owner’s Policies (BOP) in the Greater Tampa Bay Area.
The Insurance Product Manager will lead the strategy, development, and management of BOP products and ensure they meet the needs of small to mid-sized businesses. The ideal candidate will also have a solid understanding of excess and umbrella insurance, ensuring they can provide additional coverage options to clients. This role will require close collaboration with underwriters, sales teams, and senior management to maintain competitive, profitable products that meet market demands.
Why this Opportunity?
- Culture: Our client has grown from a small local company to a diverse corporation known for its innovative products and superior customer service. They recognize the changes taking place in the domestic and global economy, as well as in society and strive to respond to those changes with a spirit of understanding, growth, innovation, and entrepreneurship, developing new products, services, and partnerships.
- Workplace (On-site, Hybrid, Remote): Hybrid (3 days in office/2 days at home) in St. Petersburg, FL
Requirements:
- Bachelor’s degree in business, finance, or a related field.
- Minimum 5-7 years of experience in product management or insurance underwriting, with a focus on BOP, CMP products, and excess/umbrella coverage.
- In-depth understanding of business owner’s policies (BOP) and commercial insurance products.
- Strong knowledge of excess/umbrella insurance.
- Excellent communication and collaboration skills.
- Analytical mindset with the ability to assess market trends and adjust strategies accordingly.
- Certifications: CPCU (Chartered Property Casualty Underwriter), ARM (Associate in Risk Management), or equivalent professional designation (preferred).
Description:
- Manage the strategy, design, and implementation of Business Owner's Policy (BOP) products.
- Monitor and analyze market trends to ensure products remain competitive and profitable.
- Collaborate with sales, marketing, and underwriting teams to refine and promote CMP products.
- Lead product development for excess and umbrella coverage, ensuring clients have access to extended protection.
- Ensure compliance with regulatory standards and maintain the highest level of service.
- Provide training and support to internal teams to enhance product knowledge and sales capabilities.
- Build strong relationships with clients and brokers to better understand their needs and offer tailored solutions.
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