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Product Manager

Job in Lexington, Fayette County, Kentucky, 40598, USA
Listing for: Progressive Insurance
Full Time position
Listed on 2026-02-15
Job specializations:
  • Insurance
    Risk Manager/Analyst
  • Business
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 129200 - 184500 USD Yearly USD 129200.00 184500.00 YEAR
Job Description & How to Apply Below

Progressive is dedicated to helping employees move forward and live fully in their careers. Your journey has already begun. Apply today and take the first step to Destination Progress.

Role Overview

As a product manager on the Small Business Insurance team, you’ll lead the profit and growth for a growing small business insurance product portfolio. As we continue to enter new states with new products, you’ll have an opportunity to develop and implement strategies for profitable growth and expansion. You’ll join a team passionate about products, underwriting, and systems. You'll partner with functions across the business to get results and competitive advantage as we continue to expand our commercial lines portfolio.

You’ll accomplish these outcomes through pricing and product decision‑making, negotiation with state regulators, segment and competitive analysis, and through interactions and consultations with sales, claims, and agents.

Must-have Qualifications
  • Bachelor's degree or higher in economics, finance, math/actuarial science or related field of study (e.g. statistics) or a Bachelor's degree and experience analyzing and interpreting quantitative data to draw conclusions and make recommendations based on that data
  • Minimum of six years analytical work in a professional setting or property casualty insurance experience or related experience
Preferred Skills
  • At least three years of small business insurance product management experience, including Business Owner’s Policy (BOP)/General Liability (GL) product management
  • Superior problem‑solving, quantitative, and analytical skills with proven ability to make data‑driven decisions and ability to develop strategies to grow and defend our market position
  • Proven ability to drive influence with strong relationship‑building and negotiation skills
  • Excellent communication skills
  • Ability to successfully manage results in the presence of uncertainty and volatility
Compensation
  • Base: $129,200 - $184,500/year
  • Gainshare bonus up to 50% of your eligible earnings based on company performance
  • Participation in our restricted stock units plan
Benefits
  • 401(k) with dollar‑for‑dollar company match up to 6%
  • Medical, dental & vision, including free preventative care
  • Wellness & mental health programs
  • Health care flexible spending accounts, health savings accounts, & life insurance
  • Paid time off, including volunteer time off
  • Paid & unpaid sick leave where applicable, as well as short & long‑term disability
  • Parental & family leave; military leave & pay
  • Diverse, inclusive & welcoming culture with Employee Resource Groups
  • Career development & tuition assistance
  • Onsite gym & healthcare at large locations

Energage recognizes Progressive as a 2025 Top Workplace for:
Innovation, Purposes & Values, Work‑Life Flexibility, Compensation & Benefits, and Leadership.

Equal Opportunity Employer

Applicants must be authorized to work for any employer in the U.S. without the need or potential need, of current or future sponsorship for employment. Progressive does not hire candidates with (e.g., F-1 CPT, OPT, or STEM OPT, H-1B, O-1, E-3, TN) statuses for this role.

For ideas about how you might be able to protect yourself from job scams, visit our scam‑awareness page at

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