Product Line Manager, BOP & Umbrella - Small Business
Reporting to the Assistant Vice President of BOP and Umbrella, the Small Business Product Line Manager will be responsible for product maintenance, development, and management efforts to drive top and bottom-line goals for the Small Business Umbrella and BOP Lines.
This position will work with the AVP of BOP and Umbrella to drive assigned product line initiatives across multiple departments including Underwriting, Regulatory, Marketing, Claims, Actuarial, IT, Government Affairs, and Legal.
Primary Responsibilities :
- Ongoing product management that includes performing deep dive analyses to formulate data driven business recommendations for product, rule, rate, or underwriting changes for new and existing product
- Collaborate on new initiatives and strategies with key stakeholders to influence change
- Responsible for regular product maintenance including regulatory changes, enhancements to underwriting rules, loss cost updates, and ISO circular updates
- Drive product development efforts including coverage enhancements, segment expansions, and improvements to Chubb’s online strategic quoting platform for Small Business
- Closely work with Underwriting, Actuary and Portfolio Management to provide input on state rate selections based on rate indications and product performance
- Actively collaborate with stakeholders including claims, marketing, training, customer experience on new product initiatives and opportunities
- Identify, develop and implement process improvement strategies to achieve financial objectives
- Bachelor’s degree
- 5 years’ Product Management experience in Commercial Lines
- Previous experience working with IT, underwriting, products, regulatory, risk management to develop product changes;
- Strong analytical and critical thinking skills, maintains thorough attention to detail
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