Note: The job is a remote job and is open to candidates in USA. USAA is a financial services company serving the military community and their families. The Product Development Manager supports Property and Casualty Auto product development by monitoring product performance, analyzing data, developing and launching products and enhancements, and coordinating compliance, risk, and operational activities.
Responsibilities
- Participates in the development of digital first products supporting the needs and risks of USAA Members
- Supports efforts to develop and launch new innovative product offerings as well as auxiliary/enhanced features/services for existing products
- Advises others in the launch of new products and in the evaluation and decision to buy/build or partner
- Generates creative product and coverage solutions for member needs to ensure a dynamic product development pipeline exists
- Responsible for maintaining knowledge of business and underwriting performance for products in scope (e.g.trends, results, etc.)
- Analyzes internal and external data and member information to support formulation of product strategy and enhance competitive intelligence
- Conducts analysis of key data to support on-going monitoring, maintenance and underwriting of existing 'new in market' products based on product performance, member needs and competitive changes in the market including but not limited to product rules, rates, and forms
- Develops and communicates the new product value proposition for product enhancements/features
- Guides Member Contact teams on how to effectively use sales guides and provides education on new products and services, including new offerings and enhancements to existing features
- Analyzes and evaluates new product performance metrics to recommend offering change, if necessary, prior to full launch
- Coordinates with relevant control partners (to include Leal, Compliance, and Risk Management) to ensure product offerings are designed and implemented in compliance with all applicable laws and regulations
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures
Skills
- Bachelor's degree in Business, Marketing, Supply Chain, or Statistics; OR 4 years of relevant education and/or experience
- 6 years relevant experience in Actuarial, Pricing, Underwriting, Marketing, Operations, Financial Services or relevant military experience
- Experience conducting research, compiling and analyzing data, and identifying trends that have supported product decisions
- Demonstrated experience in developing, deploying and supporting product and/or integrated suite of products
- Knowledge and understanding of Product Development Life Cycle (PDLC)
- USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.)
- Strong P&C Business Acumen, preferably in Auto (product management, pricing, underwriting, product intelligence etc.)
- Demonstrated experience with data analytics and ability to deliver insights (ideally Snowflake, SQL and Tableau)
- Critical thinking skills to evaluate information, identify data gaps, and ensure the validity of insights
- Experience with the entire P&C product lifecycle, including pricing, underwriting, claims, or product design
- Experience translating business requirements to technical and analytical teams
- Experience supporting product briefings and executive leadership presentations
- US military experience gained through military service or gained as a military spouse / domestic partner
Benefits
- Remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.
- Comprehensive medical, dental and vision plans
- 401(k)
- Pension
- Life insurance
- Parental benefits
- Adoption assistance
- Paid time off program with paid holidays plus 16 paid volunteer hours
- Various wellness programs
- Pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors
- Career path planning and continuing education assists employees with their professional goals
Company Overview