What are the responsibilities and job description for the Product Manager position at American Integrity Insurance Company of Florida, Inc.?
About Us:
American Integrity Insurance, a premier writer of homeowners insurance, has more than 280,000 customers and is exclusively represented by more than 1,000 independent agents who specialize in this complex and ever-evolving market. We offer sound and comprehensive home and dwelling insurance to families throughout the Southeast. Comprised of more than 300 insurance professionals, most of whom work in our Tampa-area headquarters, we have been recognized as a Top Place to Work in Tampa by the Tampa Bay Times and a Best Places to Work in Insurance by Business Insurance magazine for the past ten years. We have also rated among the Top Workplaces in the USA by USA Today for the past four years.
A Day in the Life:
Who Says Insurance Can’t Be Fun? From company picnics to charity events, no one can ever say American Integrity Insurance doesn’t understand the importance of having fun, helping others and giving back. Our company culture is priceless, and we hold true to our six core values: integrity, commitment, teamwork, humility, passion and fun. As a team working to provide home insurance solutions to our policyholders, together we aim to achieve greater heights each day and celebrate each other's accomplishments along the way. It is our mission to continue providing reliable, customer-centric homeowners insurance and paying claims in a timely manner when our customers suffer a loss – and to do so with Integrity.
Learn more about American Integrity Insurance and our job opportunities at https://careers.americanintegrityinsurance.com.
What You'll Do
- Analyze existing portfolio by examining profitability, new business writings, products, competitive position, and capacity.
- Identify potentially unprofitable segments in the overall portfolio of business. Includes locating those segments, making appropriate recommendations and follow through on agreed upon actions.
- Analyze new business for potential target areas, as well as areas to avoid.
- Assess costs of conducting business in various areas in comparison to related premiums. Compare rates to the marketplace to ensure competitiveness and make recommendations.
- Manage the development and implementation of products, forms, manuals, rates and rules for new programs and revisions to existing programs.
- Analysis of claims frequency and severity
- Participate in reinsurance placement, which includes providing reinsurers with data, analysis and immediate support.
- Research and analyze company and external sources to identify market and state trends, opportunities and issues.
- Direct pricing strategies. Provide analytical support to make fact-based pricing decisions based upon actuarial rate indications, claim handling trends, underwriting initiatives, competitor intelligence, regulatory and legal environments.
- Manage implementation of vendor products for new projects and programs.
- Support development and distribution of policyholder and agency informational materials
- Responsible for the development and implementation of new programs across all departments.
- Improve or create new tools as needed to assist product development and analysis.
- Support the development and career path of product analysts.
What You'll Need to be a Top Candidate
Education: Bachelor’s Degree or equivalent combination of education and experience. Preference for degree in Actuarial Science, Mathematics, Engineering, Finance, Statistics, Risk Management or similar degree.
Experience: 5-8 years of experience in Property and Casualty Insurance with 3-5 years of experience as a Product Manager with P&L responsibility. Preferred candidate will possess excellent computer skills working with queries, spreadsheets, data warehouse knowledge, etc.
Skills & Knowledge:
Exceptionally skilled in documentation, presentation, organization and leadership. Practiced research skills and strong organization capabilities.
Excellent Project Management skills.
Experience in communicating with varied organizational tiers and customer types.
Exceptional analytical and problem-solving skills.
Presentation skills including delivery to varied organizational tiers.
Ability to work in a team environment.
Flexibility to work in a fast-paced, priority-shifting environment.
Advanced user – Microsoft Excel.
Strong computer spreadsheet and database skills: COGNOS and SQL, preferred. Demonstrated ability to learn additional software applications as required.
Ability to present ideas and information in a clear, concise, organized and diplomatic manner; gather information from multiple parties to ensure all perspectives are heard and considered; listen to others to respond effectively to ideas, thoughts and questions; express information and ideas effectively in settings including aligned or un-aligned feedback to obtain desired results.