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Product Manager

Product Manager

W.R. BerkleyUrbandale, IA, US
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Product Manager

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Berkley Regional Shared Services is the service provider for the Regional Segment of W. R. Berkley Corporation.

Along the way, weve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments : Insurance and Reinsurance & Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

This role can be based in one of the following offices :

Urbandale, IA

Irving, TX

Westbrook, ME

Glen Allen, VA

We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

The company is an equal opportunity employer.

Responsibilities

As a Product Manager, youll be responsible for the administration and management of commercial lines products on behalf of 6+ decentralized business units. Youll provide commercial lines subject matter expertise in product administration and are responsible for leading product management and development activities collaborating with various stakeholders, including underwriting, actuarial, regulatory filing, information technology and compliance as well as external commercial lines entities, including Verisk and state bureaus and insurance departments. This position does not include direct underwriting P&L responsibilities.

What you can expect :

  • Culture of innovation, teamwork, supportive colleagues, and leaders willing to invest in talent.
  • Internal mobility opportunities.
  • Visibility to senior leaders and partnership with cross functional teams.
  • Opportunity to impact change. Benefits competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education.

Well count on you to :

  • Foster cross-functional collaboration with business units, IT, compliance, actuarial, and regulatory teams.
  • Provide subject matter expertise on bureau rules, policy intent, underwriting, claims, and regulatory constraints.
  • Support product development for innovative proprietary offerings.
  • Assist in resolving proof of coverage issues in coordination with business units.
  • Ensure policy systems align with requirements through expert IT and business knowledge.
  • Create clear and accurate business requirements for system enhancements and changes.
  • Interpret regulatory updates and collaborate on enterprise-wide responses.
  • Lead complex insurance projects requiring deep industry knowledge and multifactor analysis.
  • Drive strategic initiatives to expand BRSS services and support business growth.
  • Oversee implementation results and report to stakeholders.
  • Manage regulatory relationships collaboratively with other WRB units.
  • Other duties as assigned.

    • Qualifications

  • 15+ years of commercial Property & Casualty insurance industry experience.
  • 10+ years of underwriting or product management experience in commercial insurance on a nationwide basis or across various states.
  • Results driven leader with experience working in the field and in a staff / head office position.
  • Experience working with ISO, NCCI and other regulatory organizations.
  • Job related insurance designation preferred.
  • Knowledgeable of commercial insurance statistical reporting and analytics.
  • Experience with large, complex, and middle market risks.
  • Strong research, critical thinking, and analytic skills with attention to details.
  • Strong listening, verbal, and written communication skills.
  • Ability to collaborate and successfully work with all levels of the organization.
  • Knowledge and experience working with policy administration systems and related technology.

    • Additional Company Details

    We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full-time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

    Sponsorship Details

    Sponsorship not Offered for this Role

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    Product Manager • Urbandale, IA, US