Insurance State Manager

About the role

The State Product Management team at Root works to improve the lives of customers by offering better insurance solutions. This involves setting and implementing state-based strategies, customizing products to meet regulatory and business needs, and managing relationships with Departments of Insurance.

Responsibilities

• Drive results: Develop, enhance, and maintain the auto product in assigned states; set rate levels, customize franchise products, inform underwriting decisions, manage state idiosyncrasies, and pursue project timelines to achieve profitable growth.
• Analyze performance: Develop reporting and maintain awareness of key performance indicators in assigned states, escalating concerns and recommending adjustments as required; provide and socialize analytical expertise across the broader state management team.
• Navigate the competitive landscape: Understand emerging market trends, competitor products, customer needs, and regulatory requirements.
• Manage external relationships: Manage relationships with Departments of Insurance and other stakeholders during filings, market conduct exams, and as we refine and advance our insurance products.
• Collaborate across organization: Establish relationships with marketing, claims, underwriting, and distribution teams to ensure productive outcomes for those functions within assigned markets; keep key stakeholders informed regarding status of notable initiatives.

Requirements

• Bachelor’s degree in Business, Finance, Economics, or a related field; professional designations related to insurance are a plus.
• Hands-on experience with analytical techniques to assess data, identify trends, and provide actionable insights; familiarity with SQL-based data analysis preferred.
• 3+ years of experience in the insurance industry, preferably in product management, underwriting, analytics, or a related role within personal lines insurance.
• Relentless focus on business outcomes; mental flexibility to understand and leverage Root’s data-science-driven and technology-forward culture.
• Ability to communicate effectively across functions, concisely summarizing conclusions from technical analysis; thrives in a fast-paced work environment, prioritizing and executing on the most critical projects.

Qualifications

• Experience with analytical techniques to assess data, identify trends, and provide actionable insights; familiarity with SQL-based data analysis preferred.
• Experience in the insurance industry, preferably in product management, underwriting, analytics, or a related role within personal lines insurance.
• Strong communication skills; ability to communicate effectively across functions, concisely summarizing conclusions from technical analysis.
• Mental flexibility to understand and leverage Root’s data-science-driven and technology-forward culture.
• Experience managing relationships with Departments of Insurance and other stakeholders during filings, market conduct exams, and as we refine and advance insurance products.
• Experience collaborating with marketing, claims, underwriting, and distribution teams to ensure productive outcomes for those functions within assigned markets.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Understanding of insurance regulations and compliance.

Benefits

• Competitive salary range: $123,000 - $153,700 (Bonus & LTI Eligible).
• Work where it works best: Support to work in any location across the US, with headquarters in Columbus, Ohio.

Pay

• $123,000 - $153,700 annually

Schedule

• Full-time position