Sr Product Manager

Senior Product Manager

Senior Product Manager owns the growth and profitability for an assigned line of business or region, developing product & pricing strategy while safeguarding financial strength and enhancing agent & client experience and risk management.

• Owns growth and profitability, including YoY growth targets, developing rate plans and proactively identifying and addressing key concerns.
• Provides monitoring and surveillance of key initiatives, elevates concerns and proposes solutions to the Senior Leadership Team.
• Oversees vendor management and partnership for LOB/region initiatives (e.g., HSB).
• Identifies new focus markets and a strategy to profitably grow those markets.
• Reimagines value delivery by leading agent/client workshops to better understand client needs and serves as a product and market expert.
• Proactively identifies, assesses, and implements solutions to control broad risks (ERM), including recommendations on CAT management, reinsurance structure, and agency footprint.
• Provides the leadership team with periodic industry intelligence on emerging issues.
• Helps develop the product management team by cultivating an inclusive culture, engaging the team, and providing training and mentoring.
• Reviews pricing, design features, and critical success factors such as distribution, marketing, underwriting, and claims to make recommendations.
• Works collaboratively across divisions to incorporate expertise into a holistic strategy.
• Works closely with other areas and IT to determine project prioritization and implementation.
• Provides leadership to all functional areas related to product design and management.
• Makes recommendations based on deep functional and regional knowledge.
• Utilizes industry reporting tools to provide competitor insight, market share, and performance within a region or line of business to senior leadership.
• Works with the Business Intelligence team to develop standardized monthly reports for specified region or line of business.
• Recommends product enhancements and new products based on competitor, field, and client feedback.
• Works with marketing to identify focus areas and opportunities and develops marketing collateral (agent and client facing).
• Manages strategies related to multiple product profitability objectives.
• Works cross‑functionally with underwriting, claims, and agencies to identify loss drivers and implement mitigation strategies.
• Leads coordination and implementation of new products and product changes.
• Spearheads product‑related internal and external training and education.
• Develops and executes a long‑term business product plan that drives profitable growth at the local market level.
• Serves as a technical resource to leadership and other functional areas.
• Analyzes financial results, product profitability, business mix, and competitive information; designs forecasting models.
• Guides the process of sponsoring or evaluating new tools and technology to enhance product performance with a focus on innovation.
• Validates effective execution of pricing and product initiatives.
• Leads and coordinates critical internal processes, including Growth & Profitability calls and Operational Reviews.
• Leads the Product Development process.
• Leads cross‑functional strategy teams and works closely with Regional Field Executives to execute strategy.
• Builds project charters and execution plans for product enhancements and new offerings in partnership with the Project Management Organization.
• Develops annual growth plans by agent, MLGA, state, region, and line of business along with the Acting team.
• Creates annual business plans for assigned lines of business or region, including product development projects, Growth & Profitability actions, and regulatory changes.

• Bachelor’s degree.
• 8 to 10 years of insurance industry experience.
• Six years of previous Product Management experience or a minimum of eight years in underwriting/actuarial or other industry experience with at least two years of Product Management experience.
• Experience and knowledge of project management.
• Experience and knowledge of risk segmentation.
• Experience and knowledge of insurance pricing.
• Un…