Senior Commercial Lines Product Manager

Senior Commercial Lines Product Manager page is loaded## Senior Commercial Lines Product Manager remote type:
Remote locations:
Columbus, OH:
USA (Limited States) time type:
Full time posted on:
Posted Yesterday job requisition :
R001690

The salary range for this job posting is $97,153.00 - $ annually + bonus + benefits.

Pay Type:

Salary
* The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process.
* Encova Insurance has an opening for a Senior Commercial Lines Product Manager. We have a strong preference towards candidates who reside within a two to three hour driving range of our office in Columbus, Ohio, but we will consider well qualified candidates who reside in any state where we can hire as seen on our careers page. We are looking for a candidate with significant experience with mid-large account commercial lines underwriting and including time spent in product manager role.

This role reports to the Director, Product Strategy | CL Underwriting Office.

If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team.
** Unique residence requirements are listed in each job posting, please review closely for details.
** Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes:

Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.
** JOB OBJECTIVE:
** Manage assigned line of business and other products to optimize profitability and align with corporate strategy. Develop profitable growth strategies. Strategically plan/schedule new products, product revisions, and product rate reviews. Provide technical support and assistance regarding major projects and act as a mentor and develop expertise in others.
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* ESSENTIAL FUNCTIONS:

** 1. With segment specialists/managers, develop and carry out strategic plans to grow assigned lines of business (products) by working closely with commercial lines leadership, key stakeholders and cross-functional teams within the organization.
2. Perform thorough assessments of profitability, product profile, competitor information and growth to identify loss and profit drivers and market opportunities. Lead the development of solutions to address loss drivers (and optimize profit drivers) through collaborations, strategic and innovative thought, and data-based decisions.
3. Lead efforts in the creation of and effectively communicating market insights, product strategy, recommendations, policyholder notices and project updates. This includes developing comprehensive, well-written proposals and presentations for impacted areas of the company as well as our senior leadership and communication of proposals and other relevant intranet resources.
4. Act as a subject matter expert (SME) on projects to ensure the intended direction and help with business requirements to support a successful deployment. This may include leading the creation and execution of user acceptance testing.
5. Coordinate and execute new carrier/state launches, which may include determining algorithms for new states and delivering requirements for system specifications.
6. Ensure premium algorithms, rates, rules and class codes are compliant with state regulations and are loaded correctly into the appropriate systems. This includes any relevant updates to guidelines and communication to stakeholders.
7. Monitor adoption of ISO manual revisions and advise insurance department of the company’s adoption date or deferral date.
8. Ensure that all filings are properly prepared. Act as a consultant on filing issues, providing input and instruction when needed and reviewing all filings prior to submission
9. Collaborate with compliance specialist and other business partners to stay aware of state regulatory environments and any revisions published, including support of market conduct examinations and audits.
10. Review and stay abreast of trade organization circulars and bulletins (ISO, NCCI, NCCI etc.) and make recommendations as to their effect on the company's portfolio of products.
11. Provide training for new and less-experienced team members and relevant department training that supports…