Commercial Lines Product Development Specialist
1 month ago
A leading insurance company is seeking a Commercial Lines Product Development Specialist to join their team in Minnesota or Michigan. This role will involve developing and managing commercial lines products, including monitoring performance, identifying opportunities, and implementing strategic plans.
Key Responsibilities- Develop and implement strategic plans for commercial lines products, ensuring alignment with company objectives.
- Collaborate with cross-functional teams, including underwriting, pricing, technology, and data analytics, to vet product enhancements and ensure successful implementation.
- Work with actuaries and data scientists to create and refine predictive pricing models, ensuring positive business outcomes.
- Partner with pricing actuaries in rate review processes, providing direction based on market intelligence and product performance.
- Oversee filing and implementation of products to ensure compliance with statutory and regulatory requirements.
- Minimum 3 years of experience in commercial lines product management.
- Experience working with cross-functional delivery teams.
- Knowledge of regulatory requirements and ability to multitask and solve complex problems.
- Proficiency in various core systems, internet-based technologies, office equipment, and software packages.
- Medical insurance options, dental, vision, life, and disability insurance.
- Health savings accounts, flexible spending accounts.
- 401(k) Plan with 100% matching on the first 6% of contributions.
- Wellbeing program, including an onsite fitness studio.
- Paid time off, holiday, vacation, volunteer time.
- Tuition reimbursement for job-relevant coursework.
- Bonus opportunities.
$120,000 - $180,000 per year, depending on experience and qualifications.
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