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    PL Product Manager - Not specified, United States - Country Financial

    Country Financial
    Country Financial Not specified, United States

    2 weeks ago

    Default job background
    Full time
    Description
    Accountable for product premium volume growth and profitability results within assigned state(s). Geographic area depends on population size and market/regulation characteristics. Manages relationship of every aspect of assigned product through interaction with relevant departments, such as Claims, Underwriting, Sales/Marketing, Customer Service, and outside contracts (agents, regulators and industry groups). Develops action plans and strategic direction for functional areas and maintains alignment with product managers to ensure successful development of the entire product line for assigned state(s). Participates in the analysis, maintenance, implementation, and development of products and programs, including pricing, procedures, research, and underwriting to support Product Management leadership with the continued development of profitable growth. Files changes with the department of insurance anticipating potential questions from the department and providing adequate information with the initial filing.

    This position allows full-time remote work. The territory for this position is the states of Iowa, Missouri and Kansas.

    How does a PL Product Manager make an impact?
    • Drive the successful development of new products and the effective management and enhancement of existing products by making recommendations regarding product design, pricing, underwriting, agency management, distribution, claims and other processes.
    • Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience, and retention. Monitors the mix of business in assigned state(s), identifying changes in the mix and reasons for those changes.
    • In conjunction with marketing, develops assigned state(s) business profit and growth strategies and translates business ideas and market opportunities into new product ideas by researching and maintaining awareness of all major competitors' current market positions (i.e., rates, service levels, financial positions and operating strategies), business directions, financial dynamics, and new technologies.
    • Communicates and coordinates key profit metrics by coordinating with the Information Technology (IT) department to ensure proper implementation of rate revisions, new products, new product features, and other initiatives; develops working relationships with Accounting, Actuarial, Claims, Customer Service and IT.

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