Position Overview

The Product 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. The Product 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