Note: The job is a remote job and is open to candidates in USA. PURE Insurance is a member-owned property and casualty insurer serving financially successful families with exceptional service and tailored insurance solutions. The State Management Senior Product Manager leads state strategies, product and pricing initiatives, regulatory processes, and a team of Product Analysts to support growth, profitability, and member experience.
Responsibilities
- Leverage understanding of insurance business, product, local markets and regulatory environments to develop and lead comprehensive state strategies that influence decisions across the organization
- Manage a small team of Product Analysts
- Understand and communicate the link between PURE’s vision, strategies, and department initiatives through the development of local market strategies to ensure progress towards company objectives
- Demonstrates a thorough knowledge of company product features and benefits as well as industry product trends
- Oversee the workflows and projects to achieve target growth and underwriting margin objectives with a focus on member experience
- Create a roadmap for the implementation of new products, maintenance/enhancement of existing products, and oversight of the analytical monitoring and reporting of state performance
- Advance the rate review process, including the proposal, filing, communication, implementation, and “Go-To-Market” strategy development of all pricing and product changes
- Demonstrate knowledge of the regulatory environment and build strong relationships with regulators
- Partner as a Product contact with internal areas, including underwriting, sales and marketing, claims, legal, finance, and executive leadership teams
- Maintain current knowledge of competitor actions, industry developments and Member needs
- Collaborate with other business units to drive innovation in products and achieve company priorities by providing strategic thought leadership
- Develop and manage the work of analysts that report directly to them (if applicable)
- Mentor and be a thought partner for other managers and analysts across our Product teams
- Act as a subject matter expert on committees/external panels/forums/rate hearings
Skills
- 8+ years of relevant work experience in P&C insurance product management with demonstrated increased responsibilities over time
- Bachelor's degree required, ideally in an analytical field of study such as Economics, Finance, Actuarial Science, Math, Statistics or Risk Management
- Deep knowledge of the P&C industry, competitors, insurance product pricing, financial drivers of profitability; comprehensive understanding of legislative and insurance regulations
- Extensive understanding of the insurance rate and product review process, including the effects on other key stakeholders and the membership
- Superior critical and analytical thinking, quantitative and problem-solving skills with the ability to make data-based decisions
- Demonstrated ability to analyze data, obtain useful insights, and develop recommendations
- Well-developed oral and written communication skills; comfortable speaking in front of large and small groups, including senior leadership, and ability to create and deliver appropriate communication to different audiences
- Ability to influence stakeholders, and demonstrated level of curiosity
- Experience leading teams and important initiatives
- Highest level of integrity and honesty
- High net-worth personal lines insurance experience preferred
- Python skills preferred
Benefits
- Hybrid In-Office 3 days/Remote 2 days
- Opportunities to stretch and grow: professional and personal development through on-the-job learning and professional development experiences
- A community in which each person feels cared for as an individual, with support through challenges in work and life
Company Overview