Job Description
Job Description
OVERVIEW :
- The Personal Lines State Management team drives profitable growth for personal auto, home and umbrella products across our five-state footprint.
- In this product management role, you are responsible for developing and executing product and pricing strategies for your assigned states.
RESPONSIBILITIES :
Drive premium growth and profitability for assigned statesDevelop both short and long-term rate change / project roadmaps for each productStay current on industry developments and trends, competitor actions as well as the regulatory environmentsLead premium growth, profit improvement and customer experience enhancement projectsDevelop strong working relationships with Actuarial, Underwriting, Claims, Contact Center, BP A (Finance), Marketing and Business Process (BPU)Lead State Team comprised on actuarial and business insights analysts to successfully execute the state(s)’ strategic product / pricing planPrepare and present rate changes, project work and MOM updates to the Executive Leadership Team (ELT)Work in partnership with BP A to develop the annual financial plan and forecastsQUALIFICATIONS :
Minimum 4-year college degree or equivalent; Mathematics, Statistics, Actuarial, Data Analytics, Economics, Finance or other quantitative business degree preferredMinimum 3–5-year work experience in a role such as actuarial or insurance product analytics with increasing responsibilities including 1 to 2 successful years as an entry level state managerStrong data analytics capabilities along with a natural problem-solving curiosityAdvanced Excel and database skills; competent in other MS Office softwareCommitted to continuously learning, product management skills, technology, etc.Excellent and effective verbal and written communication and presentation skillsABOUT : This company was& Founded in 1913, it is a regional property and casualty insurer with a national reputation for auto claims satisfaction. They offer Auto, Homeowners, Renters, Condo, and Umbrella insurance to individuals in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania.
They also offers Workers’ Compensation, Commercial Auto, Commercial Package and Businessowners insurance to businesses in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania.
Their mission is to provide value-based insurance solutions for the benefit of our policyholders while maintaining the highest levels of service, integrity, and financial stewardship.