Insurance Product Manager - Cherry Hill, United States - NSM Insurance

Description

Overview:

Are you a seasoned Insurance Product Manager ready to take on an exhilarating challenge? American Collectors Insurance is seeking a dynamic, innovative individual to spearhead our collector auto insurance program. In this role, you'll navigate a fast-paced, startup-like environment, where your expertise with the insurance product will be pivotal in driving success. Collaborate with cross-functional teams, drive strategic initiatives, and shape the future of our product offerings. If you're ready to unleash your strategic prowess and thrive in a culture of innovation, join us on this exhilarating journey

Job Summary: The Insurance Product Manager role at American Collectors Insurance oversees the growth and profitability of the collector auto insurance program, collaborating with cross-functional teams to implement pricing and product changes at a state level. The ideal candidate is intellectually curious, able to translate analytical, regulatory and competitive information into a strategic plan, and can work with both technical and non-technical stakeholders to communicate and implement that plan.

• Develop, recommend, communicate, and execute product strategies to improve profitability and market share our collector auto product.
• Partner with pricing actuaries in the rate review process, and provide direction based on market intel, underwriting input, and product performance to influence pricing proposals.
• Monitor the marketplace for emerging opportunities and identify competitor and industrial changes impacting the effectiveness of the current product offers and pricing position.
• Work with data modelers and others to evaluate opportunities to create, evaluate, and refine predictive pricing models, and monitor to ensure models are favorably impacting business lines.
• Monitor regulatory environment to ensure product compliance.
• Deliver effective presentation of product plan changes and product performance.
• Perform special projects and other duties as assigned.

• 3+ years of experience as a personal auto product manager performing responsibilities outlined above.
• Bachelor's degree in mathematics, finance, business or equivalent.
• Critical thinker with strong problem solving and decision-making skills.
• Proficient communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and influence stakeholders at all levels of the organization.
• Proven history of taking initiative and driving projects to completion with minimal guidance.
• Ability to function in a fast-paced environment and manage multiple projects simultaneously.
• Organized, detail-oriented with strong project management skills.
• Proficient in Microsoft Office products, especially Microsoft Excel.