Insurance Product Manager
1 day ago
Bankers Financial Corp is seeking an experienced Insurance Product Manager to oversee the development, management, and profitability of our Commercial Multi-Peril (CMP) insurance products. This role involves product lifecycle management, market analysis, and close collaboration with cross-functional teams to drive growth and ensure competitive positioning.
Key Responsibilities:- Product Strategy & Development: Lead the strategic planning, development, and management of CMP insurance products to ensure alignment with business objectives and market demands.
- Underwriting Expertise: Leverage prior underwriting experience and continued education to shape underwriting guidelines and ensure product offerings are designed with the proper risk selection, pricing, and policy terms that promote profitable growth.
- Product Lifecycle Management: Manage the full lifecycle of CMP products, including product design, launch, ongoing management, and sunset/withdrawal as necessary.
- Cross-Functional Collaboration: Partner with Portfolio Analytics Manager, actuarial, claims, and finance teams to develop pricing models and profitability analyses and projections for CMP products.
- Training & Support: Provide product training and support to underwriting, sales, and marketing teams, ensuring they have a strong understanding of CMP product features, coverage options, and competitive advantages.
- Education & Experience: Bachelor's degree in business, insurance, risk management, or a related field (MBA or advanced degree preferred). Minimum of 5–7 years of experience in the insurance industry, with a strong focus on commercial lines and BOP insurance.
- Skills & Competencies: Strong knowledge of Business Owners Policy (BOP) products, including coverage options, target markets, and risk factors. Proven ability to manage complex product portfolios and drive growth through innovative product development and management strategies.
Bankers Financial Corp is an E-Verify company. We are committed to diversity and inclusion in the workplace and welcome applications from qualified candidates of all backgrounds.
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