Product Manager

  • 33989
  • Non-Life - Underwriting
  • |
  • Massachusetts, United States
  • |
  • Jul 27, 2018
  • Accountable for the P&L of assigned state and line of business. Responsible for driving the business to achieve budgeted growth and profitability business results.
  • Understand predictive modeling and other quantitative concepts and serve as a resource to other Product Analysts in interpreting these concepts for business application.
  • Seek out new ideas and approaches to business issues and develop his/her hypotheses independently.
  • Effectively manage projects of high complexity using available tools and data systems to identify, test and solve strategic business issues within the company data/reports, troubleshoot when there are inconsistencies and present findings to upper management.
  • Constructively challenge current processes and proposed solutions to obtain the best outcome.
  • Interface with other departments to strategically address their needs as they relate to the product. Review documentation, interpret rules, and coordinate activities with marketing, customer service, underwriting, finance, and information technology.
  • Serve as a regulatory expert, providing a thorough understanding of our rules and endorsements. Monitor the competitive, legislative, and regulatory environments in assigned states to identify emerging threats to our objectives and recommend plans for responding.
  • Directly manage and develop product analysts.
  • Serve as a mentor to other team members on aspects of project work, insurance and general business knowledge.
  • Serve as a Product representative in meetings with other departments as needed.
  • Perform other job-related duties as assigned.
  • Masters or higher level degree preferred.
  • Ability to utilize quantitative approaches to generate sound business analyses with detail orientation. Identify results out of the norm, draw conclusions and articulate findings.
  • Skilled in linking multiple data sources to organize data into a logical format for analysis.
  • Confidence in taking ownership of challenging business issues, making decisions with limited or incomplete data and seeing issues through to resolution.
  • Experience developing and implementing new, creative and effective solutions to highly complex business issues.
  • Understanding of and experience within the insurance industry is required.
  • Experience managing relationships with upper management and with technical developers.
  • Excellent project management and problem-solving skills.
  • Ability to communicate effectively to both technical and non-technical audiences.
  • MS-SQL skill preferred.
  • 3 or more years in product management, actuarial, or other analytical role.
  • 3 or more years of experience with relational database tools and concepts