Product Manager

Job Summary: The Product Manager will be responsible for the implementation of the Product Roadmap, to include the development and launch of new Manufactured Homeowners products. The Product Manager will also participate in the preparation of Forms/Rates/Rules and Underwriting Guidelines filings and will conduct market and competitor research to identify product opportunities. This role coordinates with Sales, Claims, Operations and Underwriting to identify product enhancements and to ensure smooth integration and implementation of new products and rate/form/UW Guideline changes.

Core Responsibilities/duties will include but are not limited to the following:

• Participate in the ongoing development of the Product Roadmap
• Implementation of the Product Roadmap
• Coordinate with third-party Actuary to initiate annual rate indications
• Participate in the development of form/rate/rule and UW Guideline changes and filings with various sate DOI's.
• Track, monitor and report on the status of open filings
• Maintain documentation protocols for Product related activities
• Meet with various stakeholders in the development and implementation of new products and product changes
• Track and report on product performance
• Monitor and report on competitor changes
• Track and report on filing activities of competitors
• Track and report on legislative and regulatory changes that impact policy forms, rates, and Underwriting Guidelines.
• Works with large data sets.
• Has the ability to work simultaneously on multiple projects.
• Interprets State-specific regulations and National Association of Insurance Commissioners (NAIC) regulations and guidance to accurately complete rate and policy form filings.
• Supports rate and policy form filings by preparing exhibits for actuarial memoranda and reviewing technical aspects of rate and policy forms.
• Assists in preparation of response to inquiries by states regarding rate and policy form filings.
• Develop basic actuarial models and analysis under the direction of the Underwriting Manager.
• Any additional duties as assigned by supervisor.

Required job skills:

• Bachelor's degree in business, Insurance, Finance or related field.
• 5+ years of experience in product development/management in personal lines homeowners
• Strong understanding of homeowners insurance underwriting, pricing and regulatory environment
• Excellent analytical, communication, and project management skills
• Proficiency in Microsoft Excel, PowerPoint and insurance analytical tools
• Foundational and conceptual knowledge of the function/discipline and demonstrated application of knowledge, skills and abilities towards work products required.
• Foundational level of business acumen in the areas of business operations, industry practices and emerging trends is required.
• Must be comfortable working both independently and on cross-functional teams.
• Must demonstrate noted skills: Organization, Detail, and Effective time management.
• Excellent process management skills with the ability to build and adhere to successful business execution processes.
• Strong problem-solving capability.
• Ownership of responsibilities and accountability for actions.
• Ability to work under pressure.

Preferred Skills

• CPCU or equivalent designation, or actively pursuing the same
• Familiarity with Peril Scoring products
• Familiarity with Manufactured Homes
• Experience with multi-state filings and regulatory negotiations
• Actuarial experience
• Commercial lines experience

Work Environment and Physical Demands with reasonable accommodation:

• Must be able to remain in a stationary position 50% of the time and be able to operate a computer or other office productivity machinery on a constant basis.
• Frequently required to communicate with co-workers and policy holders with the ability to exchange accurate information as necessary.
• Occasionally required to move about the office, ascend/descend stairs or a ladder or position self to maintain computers at workstation, including under the desk or other low areas.
• Occasionally required to move and place objects weighing less than or equal to 20 pounds.
• Noise level in the work environment is usually moderate.
• This is currently an on-site position.
• Position require temporary remote work based on business needs and would be based at the sole discretion of the company. Employee must have Wi-Fi connectivity, a smart phone, and a designated work area in their home.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. The employer may, at its discretion, modify or adjust the position to meet the company's changing needs.

Standard Casualty Company is committed to providing equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.