Product Manager

  • 37351
  • Non-Life - Underwriting
  • |
  • California, United States
  • |
  • May 11, 2020
Insurance
RESPONSIBILITIES
  • Research, analyze, propose and implement new products for assigned line of business.
  • Portfolio analysis which include regular monitoring of product profitability, trends; analysis of same and action items to address pressures.
  • Performs regular rate and product reviews, working closely with Actuarial, Field, Claims and Underwriting partners.
  • Prepares rate, rule, product and form filings and response to DOI inquiries
  • Responsible for providing requirements to IT for system changes to implement product changes
  • Stays current with competitor and marketplace trends and plans accordingly to address changing product needs.
  • Responsible for rate, rule, coverage, form and process compliance.
  • Reviews and implements changes to rates, forms, marketing materials.
  • Underwriting guidelines for existing programs as necessary.
  • Manages relationships and projects with Product vendors; may negotiate pricing and contracts with service providers or other vendors.
  • Works with Underwriting to develop, analyze, create or revise Underwriting guidelines and eligibility rules.
  • Evaluates and provides guidance and/or instructions on necessary changes to our processing systems to improve current programs or add new programs.
  • Develops training programs for new trainees, existing employees, and agents. Develops appropriate course materials, reference materials, and training schedules.
  • May supervise assigned Product Specialist or Product Analyst staff.
  • Other duties as may be assigned.
QUALIFICATIONS
  • College Degree in finance, business administration, insurance or other related business discipline is preferred including a minimum of seven years of progressively challenging assignments in a Product Management role, or a combination of education and relevant experience. Proficiency in Excel is required.
  • CPCU and other insurance related continuing education is preferred.
  • Overall knowledge of Underwriting practices, procedures, rules and regulations.
  • Demonstrated effective project management and organizational abilities.
  • Prioritize and manage multiple demands under the pressure of deadlines.
  • Communicate effectively both orally and in writing.
  • Present effective training sessions to individuals or groups.
  • Establish and maintain cooperative working relationships with internal and external partners.
  • Maintain valid drivers’ license and accommodate overnight travel for business related reasons.