Commercial Lines Product Manager - The Jacobson Group

Job Description:
Our client is a private mutual insurance company that provides property and casualty insurance to the Midwestern, Northwestern and Southwestern areas of the United States. Due to growth, they are seeking a Commercial Lines Product Manager to join their team. This role will develop and take ownership of the commercial lines strategy and roadmap. This position is hybrid in Minnesota or Michigan.

Responsibilities:

• Monitor the performance of assigned product lines and industry classes to ensure company objectives are met; identify opportunities and threats to product performance and recommend product and pricing changes as needed.
• Research industry and other trends to identify, evaluate, and recommend new or modified product offerings; set priorities and lead the development and execution of approved initiatives.
• Create strategic plans and set priorities for product initiatives and enhancements, ensuring they align with company objectives; gain consensus from senior management. 
• Set direction and manage the backlog for the cross-functional product team; collaborate with product owners, business analysts and other members to ensure successful implementation of initiatives.
• Collaborate with underwriting, pricing, technology and data teams to vet product, pricing and automation enhancements; build consensus and set priorities for implementation.
• Work with actuaries, data scientists, and others to create and refine predictive pricing models; partner with analysts to ensure models deliver positive business outcomes post-implementation. 
• Partner with pricing actuaries in rate review process; provide direction based on market intelligence, underwriting input and product performance to influence pricing proposals.
• Plan, research and oversee filing and implementation of products to ensure compliance with statutory and regulatory requirements.
• Routinely engage with technology leaders to ensure alignment with company product technology trends, directions and roadmaps.
• Participate in selecting and implementing tools and systems to support product development and management.

Requirements:

• 3+ years of prior experience in commercial lines product management
• Experience working with cross-functional product delivery teams
• Experience maintaining products in policy administration and customer portal systems
• Working knowledge of regulatory requirements
• Ability to multitask and solve complex problems
• Four-year degree in relevant field (preferred)
• CPCU designation (preferred)
• Proficiency in various core systems and internet-based technologies, office and computer equipment, and software packages

• Medical insurance options and other standard benefits, including dental, vision, life and disability insurance
• Health savings accounts and flexible spending accounts
• 401(k) Plan (participants are eligible for 100% matching on the first 6% of their contributions)
• Wellbeing program, including onsite fitness studio
• Paid time off, including holiday, vacation and volunteer time
• 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (risk and insurance education)
• Paid parental leave
• Bonus opportunities