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Insurance Product Manager

4 weeks ago


Cherry Hill, New Jersey, United States NSM Insurance Group, LLC Full time
Overview:

We are seeking a seasoned Insurance State Product Manager to spearhead our collector auto insurance program at NSM Insurance Group, LLC. As a key member of our team, you will navigate a fast-paced environment, leveraging your expertise to drive success.

In this role, you'll collaborate with cross-functional teams, drive strategic initiatives, and shape the future of our product offerings.


Job Summary:

The Insurance State Product Manager role oversees the growth and profitability of the collector auto insurance program, collaborating with cross-functional teams to implement pricing and product changes at a state level.

The ideal candidate is intellectually curious, able to translate analytical, regulatory, and competitive information into a strategic plan, and can work with both technical and non-technical stakeholders to communicate and implement that plan.


Responsibilities:

Develop, recommend, communicate, and execute product strategies to improve profitability and market share our collector auto product.

Partner with pricing actuaries in the rate review process, and provide direction based on market intel, underwriting input, and product performance to influence pricing proposals.

Monitor the marketplace for emerging opportunities and identify competitor and industrial changes impacting the effectiveness of the current product offers and pricing position.

Work with data modelers and others to evaluate opportunities to create, evaluate, and refine predictive pricing models, and monitor to ensure models are favorably impacting business lines.

Monitor regulatory environment to ensure product compliance.

Deliver effective presentation of product plan changes and product performance.

Perform special projects and other duties as assigned.


Qualifications:

~3+ years of experience as a personal auto product manager performing responsibilities outlined above.

~ Bachelor's degree in mathematics, finance, business, or equivalent.

~ Critical thinker with strong problem-solving and decision-making skills.

~ Proficient communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and influence stakeholders at all levels of the organization.

~ Proven history of taking initiative and driving projects to completion with minimal guidance.

~ Ability to function in a fast-paced environment and manage multiple projects simultaneously.

~ Organized, detail-oriented with strong project management skills.

~ Proficient in Microsoft Office products, especially Microsoft Excel.