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Product Manager - Princeton, United States - Axis Services
Description
This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
How does this role contribute to our collective success?
The Product Manager for Pet Insurance will be responsible for the strategic product management of the Pet Insurance product portfolio within the Accident & Health Division. The primary focus will be ensuring the competitiveness and compliance of our pet insurance offerings in the market.
The individuals prior experience will include designing, creating, revising, and implementing products distributed to individual consumers. The role will include researching the product benefits, features, and related services to identify minimum standards to maintain a competitive position in the pet insurance industry, enabling the organization to achieve its revenue and profit business plans. The product manager will establish relationships with key contacts within our distribution partners and collaborate within AXIS. This entails coordinating activities among internal functions in Compliance, Actuarial, Product Development, and Claims to facilitate the evolution of our products and services.
What will you do in this role?
Lead the development and enhancement of our pet insurance products, identify market needs, refine product features, and manage annual state filings.
Monitor market trends and competitor developments to identify product improvement and differentiation opportunities.
Collaborate with cross-functional teams, including Compliance, Actuarial, Product Development, and Claims, to ensure alignment between product objectives and strategies.
Collaborate with Compliance and Product Development to monitor appropriate governance processes and controls to ensure regulatory compliance for AXIS and our strategic partners.
Assist Product Development with initial policy language and responses to objections and inquiries from regulatory agencies in response to filings, ensuring timely delivery of product changes.
Develop, maintain, and execute a comprehensive User Acceptance Testing (UAT) process to ensure the proper system implementation of all form and rate filing changes.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
Bachelor's degree or equivalent experience; professional designations preferred.
A minimum of 5 years of relevant work experience
In-depth knowledge of pet insurance line of business
Strong communication, negotiation, and presentation skills
Ability to effectively interact with all levels of internal and external business partners.
Advanced analytical and creative problem-solving skills, with the ability to manage and prioritize multiple projects.
Ability to operate with ambiguity and willingness to challenge the status quo.
Sense of urgency and ability to work in a fast-paced environment.
Knowledge of Microsoft Office Suite, Microsoft Project, and other business-related software
What we prefer you to have:
Professional designations, e.g. CPCU, AIPM, CIPM
Experience in supporting large complex projects and insurance programs is a plus.
Role Factors:
In this role, you will typically be required to:
Embrace the hybrid culture offered at AXIS, you need to be in office 3 days per week.
Much of the work involves using computers for data entry, analysis, and communication. Comfort with prolonged screen time is necessary.
While much of the work may be desk-bound, there might be occasions requiring mobility within the office environment, such as attending meetings.
What we offer:
For this position, we currently expect to offer a base salary in the range of 85-105k. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role is _[Exempt]_ for FLSA purposes.
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
