Product Manager
Merchants Insurance Group · Buffalo, NY · 5 days ago
HybridMarketing$133k–$155k/yrFull-time
Essential Duties and Responsibilities
- Product Strategy, Portfolio Management & Performance
- Serve as the business owner for assigned product lines, accountable for profitability, growth, retention, and overall portfolio performance
- Drive production goals for assigned product lines by monitoring performance, partnering with regional teams to identify opportunities and challenges, and implementing targeted actions to improve results
- Conduct competitive, market, and industry analysis to identify emerging trends, customer demands, and strategic opportunities
- Lead state rate and form filings in partnership with Actuarial Team
- Ensure adherence to regulatory requirements and internal governance standards
- Product Development & Innovation
- Lead the end-to-end product lifecycle for assigned products, from strategy and prioritization through implementation, monitoring, and continuous improvement
- Oversight of day-to-day management of assigned product lines, with hands-on involvement across all aspects of the product lifecycle
- Partner with technology and operational teams to improve product capabilities, streamline processes, and enhance customer and agent experience
- Analyzes performance across key dimensions and leverages insights to recommend and implement actions that improve results
- Identifies and develops new product opportunities, coverage enhancements, and endorsements to strengthen profitability and expand market presence
- Cross-Functional Leadership & Production Management
- Lead cross-functional product initiatives, ensuring alignment, accountability, and timely execution across internal and external stakeholders
- Influence decision-making and drive outcomes without direct authority in a matrixed environment
- Partner with regional leadership and distribution teams to achieve production goals and optimize growth
- Identify production challenges and growth opportunities through ongoing performance monitoring and stakeholder engagement
- Support field teams through product education, performance insights, and consultation on market opportunities and challenges
- PREFERRED EDUCATION AND EXPERIENCE
- Bachelor’s degree in related field
- 5+ years of insurance product management, underwriting, or actuarial experience
- Experience working across functions and influencing outcomes without direct authority; or Combination of above education and experience
- Preferred Knowledge & Abilities
- Exceptional analytical and critical thinking skills, with the ability to translate complex data into actionable insights
- Excellent communication and organizational skills
- Product management, underwriting, and/or actuarial experience, ideally within the relevant insurance product line
- Welcoming and positive work environment
- Flexible work arrangements, including flex scheduling and summer hours
- Hybrid work schedule
- Colleague Appreciation Events
- Competitive pay scale
- Generous paid time off package
- Full Benefits: Health, Dental, Vision, Life Insurance, Short Term Disability, 401(k) employer match amount is 100% up to 6% of your annual contributions. You are immediately 100% vested in the employer match dollars
- Outstanding company bonus programs
- Tuition Reimbursement
- And many exciting company benefits!!
Qualifications & Skills
Benefits
Pay
Salary Range: $133,000 - $155,000