Product Manager II State (CMP/BOP)

Position Summary

The primary job function is to manage product premium volume growth and profitability results within assigned states.

Geo-Salary Information

• NJ, NY, WA, HI, AK, MD, CT, RI, MA: $118,664 to $230,619
• NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME: $107,876 to $209,653
• UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV: $97,089 to $188,688
• CA: Typical hiring range is $157,177 to $218,302

Responsibilities

• Product Owner for cross-functional team for assigned states/products, working with relevant departments such as Claims, Underwriting, Sales/Marketing, Customer Service, IT and outside contacts, including agents, regulators and industry groups.
• Independently develops and executes action plans and strategic direction for assigned states and product lines.
• Key contributor to strategic direction for product lines.
• Sets pricing and enhances the offerings to position the product towards profitable growth in the marketplace.
• Maintains alignment with national model (allowing for regulatory and market condition deviations) and implementation to ensure successful development of the entire product line(s).
• Accountable for product success in one or more assigned states/products.
• Product lines to include, but not limited to, Auto and Property.
• Recruits, manages, and develops Product Analysts and Assistant Product Managers.
• Other functions may be assigned.

Qualifications

• Minimum: Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.
• Preferred: Master's degree desired in Statistics, Economics, Mathematics, or related field.
• Experience: Minimum: 5+ years of experience working with property and casualty insurance industry products or 3+ years with a Master's DegreeSupervisory experience requiredAt least 2 years of experience as a Product Manager 1 or equivalent position.Or equivalent combination of education and/or experience.
• Preferred: 5 or more years of experience with Commercial Multi-Peril.

Education

• Proven ability to constructively tackle new or complex problems and make data-driven decisions, often with limited or incomplete information.
• In-depth technical knowledge of industry products and services, philosophy and best practices and the ability to apply such knowledge in a strategic capacity.
• Excellent written and verbal communication skills to correspond with management, internal and external customers.
• Advanced problem-solving, quantitative, and analytical skills.
• Relentlessly curious.