Position Overview
TheProduct Data Manager supports the development of the Property and Casualty (P&C) lines of business. This position utilizes internal and external knowledge and resources of P&C processes, products, and services.
TheProduct Data Manager oversees processes, product improvement initiatives, and related projects to drive efficiencies and desired business results.
Essential Job Functions
- Researches, analyzes, and provides recommendations related to assigned product(s) including but not limited to innovation, rating, pricing, marketing, sales, features, services, market conditions, competition, processes, procedures, compliance, underwriting guidelines, and risk management
- Implements and maintains predictive and statistical models to identify business opportunities and solve progressively more complex business challenges
- Collaborates across multiple departments and with external vendors to reach desired profitability and growth targets
- Develops, manages, and leads initiatives and effectively communicates project updates and requested information to leadership
- Identifies opportunities for profitability, growth, and product integration and evaluates challenges within the marketplace
- Utilizes competitive analysis to achieve profitability and growth objectives
- Leads projects or initiatives that support underwriting goals, including impacts on underwriting policies, guidelines, systems, processes, or metrics
- Monitors effectiveness of existing product(s) and looks for opportunities to further refine, streamline, and make improvements
- Analyzes reports and works with the actuarial team to implement appropriate changes in the pricing level and segmentation, underwriting standard, sales growth, and claims handling to achieve corporate goals
- Acts as a liaison between internal teams, this can include Underwriting, Claims, Sales, Actuary, and other departments
- Performs other duties as assigned
Education & Experience
Preferred :
- Bachelor's degree in business, insurance, or related field or equivalent experience
- Typically requires 6+ years' experience in property and casualty insurance
- Prior experience with pricing, product management, underwriting, and / or actuary
- MBA or Six Sigma Green Belt training
Certifications & Licenses
- Chartered Property Casualty Underwriter (CPCU) designation (desired)
- Associate in Risk Management (ARM) designation (desired)
- Product Management Certification (PMC) (desired)
Knowledge, Skills & Abilities
Demonstrated ability to :
- read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
- effectively present information and respond to top management, public groups, and / or board of directors
- communicate effectively in both oral and written form
- maintain effective interpersonal relationships
- lead significant projects or initiatives
- analyze, organize, and prioritize work while meeting multiple deadlines
- manage large complex projects
- process information logically
Demonstrated skill in :
using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
Demonstrated knowledge of :
- industry standards, marketplace environment, pricing, rates, and product offerings
- project control and cost estimating techniques to plan, manage, implement, and work within the constraints of that budget
- P&C products and policies
- Microsoft Office software
LI-SB1
18 days ago