Product Manager for Technology and Life Sciences

3 weeks ago

Worcester, Massachusetts, United States The Hanover Insurance Group Full time

For over 170 years, The Hanover has been dedicated to delivering on its promises and being there when it matters most. We live our values every day, demonstrating our CARE values through our ESG initiatives and IDE journey.

Position Overview: Our Commercial Lines Product Management team is seeking a Commercial Lines Product Manager to provide leadership, support, guidance, and subject matter expertise to facilitate the development, installation, and implementation of our Technology and Life Sciences product capabilities. The Product Manager will support the overall profitability, growth, and retention of our Technology and Life Sciences Business by delivering industry-leading, market competitive coverage offerings.

This role supports key strategic functions pertaining to Technology and Life Sciences Business, including strategic product development and support, market research and analysis, and product maintenance, delivery, and compliance. The Commercial Lines Product Manager will work collaboratively with others on matters related to forms development, underwriting and compliance, including, but not limited to: Underwriting Business Units, Claims, Legal, Corporate Underwriting, Actuarial, IT, Operations and Compliance.

In This Role, You Will:
  • Lead the development, design, and maintenance of coverage forms and associated rules across our Technology and Life Sciences products.
  • Monitor and analyze regulatory and judicial environments to remain compliant in writing states.
  • Conduct and monitor market research and competitive analysis efforts for the assigned product and Lines of Business.
  • Work collaboratively with Business Units and Corporate Underwriting to establish and support business strategies.
  • Develop filing strategies and manage State Department of Insurance objections and inquiries, as necessary.
What You Need to Apply:
  • Bachelor's degree required.
  • 3-5 years of Commercial Lines General Liability and Technology Errors & Omissions product development, underwriting, and/or claims experience, or any combination of education and experience that would provide an equivalent background.
  • Possesses expertise with business insurance contracts, forms, coverage, and regulatory environment.
  • Advanced influential leadership skills, innovation skills, initiating skills, organization, and time management skills.
  • Advanced oral and technical written communication skills.
  • Advanced ability to comprehend, communicate, and capture intent of coverage strategies.
  • Ability to influence strategic decision-making process in support of corporate goals.
  • Superior people skills that align with Hanover's CARE values.
Career Development:

It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching, and our robust learning and development programs, we encourage you - at every level - to grow and develop. Benefits:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.

Benefits include:
  • Medical, dental, vision, life, and disability insurance
  • 401K with a company match
  • Tuition reimbursement
  • PTO
  • Company paid holidays
  • Flexible work arrangements
  • Cultural Awareness Day in support of IDE
  • On-site medical/wellness center (Worcester only)
  • Click here for the full list of Benefits
EEO Statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry, or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information, or any other status protected by law.

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here.

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here Other details
  • Job Family Underwriter
  • Job Function Product Management
  • Pay Type Salary

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