Casualty Product Manager

Description

Integrity. Care. Trust. Compassion. Expertise.

Do these words resonate with you?

These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers, agents, and each other. 

Builders is proud to be named among the Great Places to Work.  Our award-winning culture has earned top marks in Company Direction, Employee Appreciation, Work-Life Balance, Leadership, and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world, and our AM Best A Rating is evidence of our financial strength.

Position Summary

The Product Manager is a key contributor to the Underwriting leadership team, with primary responsibility for overseeing the general liability (admitted and non-admitted) and commercial auto lines of business. This includes driving profitability, growth, market dynamics, current and emerging trends, and product innovation, while providing strategic direction on risk selection, pricing, and territory segmentation. The effective management of these lines is achieved by applying a strong data-driven approach and developing inter-departmental collaboration and close coordination with the Actuarial, Finance, Sales, and Marketing teams.

Responsibilities
 

• Collaborate with Underwriting, Finance and Sales leadership to establish line of business goals that align with and support the achievement of annual plan objectives.
• Analyze the performance of general liability and commercial auto products across different states and territories.
• Create comprehensive reports and provide analytical insights on product performance in relation to set goals and benchmarks.
• Establish and monitor state-permissible ultimate loss ratios to ensure alignment with business objectives.
• Evaluate pricing strategies by territory to develop targeted segmentation solutions.
• Conduct research leveraging in-depth product knowledge to identify opportunities for product enhancements and innovations that drive profitable growth.
• Maintain underwriting and risk selection guidelines to ensure consistency and accuracy in risk evaluation.
• Stay informed about industry trends and competitive developments, including insights into the independent agency distribution channel, InsurTech advancements, Artificial Intelligence and predictive modeling. 
• Engage in ongoing professional development to remain up-to-date on best practices and emerging industry trends.
• Perform other duties as assigned.

Qualifications

• Bachelor’s degree in risk management, statistics, mathematics, or similar discipline; or equivalent combination of education and experience
• Ten or more years of progressively responsible experience in underwriting; Chartered Property Casualty Underwriter (CPCU) certification (is preferred)
• Skill in critical thinking and analysis, problem solving and prioritization; ability to evaluate situations and make appropriate recommendations
• Skill in organizational and time management with attention to detail, ensuring tasks and deliverables are executed with accuracy and precision
• Skill in verbal and written communication, facilitating clear and effective exchange of information; ability to present concise reports and recommendations to all levels of management
• Ability to function independently as well as collaborate in a team environment with skill in interpersonal communication and the ability to multi-task
• Proficient in Microsoft Office Suite with a strong knowledge of Excel, with emphasis on formulas, pivot tables, v-lookup, and similar tools to manipulate large quantities of data; ability to learn and utilize function specific technology

Lets talk benefits!

• Competitive Salary
• Bonus Structure
• Profit Sharing
• Medical, Dental, Vision Insurance
• Employer Paid Short Term Disability
• Employer Paid Long Term Disability
• Employer Paid Life Insurance
• Voluntary Life Insurance
• 401K with Company Match
• PTO

About Builders

Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.

Our financial excellence, amazing people, and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong^®.

Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and don't discriminate based on any protected status. Join us in creating a diverse and inclusive workplace! If, during the application process you need assistance, or an accommodation due to a disability, please contact peopleops@bldrs.com.