Insurance Product Manager

Job Title: Insurance Product Manager

Reports to: Director of Product Development

Direct Reports: None

Location: Jacksonville Office Location

Position type: Full Time

Business Hours of Operation: Monday-Thursday, 8:00AM-6:00PM and Friday, 8:00AM-5:00PM

FLSA Status: Exempt, Salaried

Who We Are:

Olympus Insurance Company is the premier insurance partner, providing the broadest coverage and superior service for Florida homeowners since 2007. We believe that insurance is a promise, and we honor our commitment to help homeowners navigate life's inevitable storms. Becoming an Olympian means joining a vibrant and encouraging team where you can be a part of delivering the insurance experience that people deserve. Think Ahead. Think Olympus.

What Olympus Offers:

At Olympus our White-Glove service extends to our team members We offer employer-sponsored medical, dental, and vision plans, along with company-paid life insurance and short- and long-term disability coverage. Secure your future with our 401K plan that includes up to 4% company match.

Enjoy a welcoming employee breakroom, paid time off, paid holidays, pet insurance, company discount programs, and opportunities for educational and professional development. With many additional perks, we're committed to supporting your health, happiness, and career growth

Job Summary

The primary responsibility of the role will be developing new or enhanced insurance products that improve the FL Homeowners line of business using contract language, underwriting rules/guidelines, competitive intelligence, and actuarial pricing.

Essential Duties and Responsibilities

• Serve as subject matter expert for program. Lead the administration and development of products, ensuring successful implementation and continuous improvement.
• Assist Personal Lines product leader to execute business strategy to drive profitable growth.
• Own the launch of a new program from design through delivery.
• Create and revise policy forms and manual rules to offer market-leading coverages.
• Prepare filings and responses to negotiate approval from state's Department of Insurance.
• Collaborate with Claims, Sales, and Underwriting teams on solutions to emerging issues.
• Extract and manipulate data to assess production and loss results to identify root causes and underlying trends. Recommend actions to elevate performance and meet company goals.
• Utilize strong analytical skills to solve problems by evaluating complex data.
• Conduct competitor analysis and market research utilizing vendor tools and external information to develop insights. Stay informed on relevant industry and state specific news.
• Interpret insurance forms, laws, and regulations to ensure regulatory compliance.
• Partner with IT to manage projects and support enhancements providing business requirements and performing User Acceptance Testing.

Please note these duties and responsibilities are not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Qualifications (Education/Experience)

• Bachelor's degree in risk management, business, actuarial science, mathematics, statistics, finance, economics, or related fields.
• 5+ years' property insurance experience with at least 3 years in homeowners product development/management.
• CPCU, ACAS/FCAS, or active pursuit of designation preferred.

Skills Required

• Proven analytical and problem-solving abilities.
• Effectively communicate verbally and in writing with people at all levels of the company.
• Strong organization, time management, and attention to detail skills.
• Work independently and manage multiple priorities to ensure that deadlines are met.
• Ability to establish and maintain effective and collaborative relationships with those contacted in the course of work.
• Prepare clear, accurate, and concise analyses and reports.
• Exercise good judgment and use critical thinking skills to arrive at solutions.
• Coordinate with stakeholders to execute projects and key initiatives.
• Exhibit leadership qualities including influence, building consensus, and mentoring.
• Ability to adapt to a changing work environment and competing demands.
• Advanced proficiency with Microsoft Office suite (Excel, Word, PowerPoint).

Skills Preferred

• Expert knowledge of the Florida residential property insurance market.
• Experience with comparative raters and the independent agent distribution channel.
• Experience conducting competitive and market analysis.
• Intermediate SQL skills.
• Experience with data visualization tools, e.g., PowerBI, Tableau, etc.

EEOC Compliance

Olympus Insurance Company is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based upon race, religion, color, national origin, sex, age, sexual orientation, gender identity, status of an individual with a disability, veteran status or any other characteristics protected by federal, state or local law.