Demo

Product Manager

United Educators
Bethesda, MD Full Time
POSTED ON 3/3/2025
AVAILABLE BEFORE 6/2/2025

UE provides liability insurance and risk management services to K-12 schools, colleges, and universities nationwide. UE is owned by a large and diverse membership. With over 37 years serving education, we bring deep expertise to our members and focus on delivering an experience that leaves them feeling confident that we understand their needs and offer insights and solutions suited for their unique challenges. These sentiments are echoed in our culture, where we believe that building on and embracing our unique differences and perspectives enables us to better serve our members and fulfill UE's mission.

The Product Management Department plays a vital role in advancing UE's strategic plan. In this position, reporting to the Director, you will assist in the planning, development, and launch of new products, as well as enhancements and revisions to existing offerings. Under the guidance of the Director, you will manage departmental operations and processes, driving process improvements and developing success metrics that support our product management initiatives. Your contributions will be essential in ensuring we meet our goals and adapt to evolving member needs.

Responsibilities :

  • Collaborate with Stakeholders : Partner with cross-functional teams to draft, revise, and finalize engaging product forms that meet market needs.
  • Product Database Management : Oversee and optimize our product database, ensuring that policy forms, underwriting guidelines, and endorsement requirements are up-to-date and accessible.
  • Strategic Growth Analysis : Support leadership in analyzing member needs and identifying profitable growth strategies aligned with UE's strategic vision.
  • Market Analysis : Conduct market research and analyze member needs to inform product strategy.
  • Product Effectiveness Monitoring : Work closely with the Director to assess the performance of existing products, adapting offerings as member needs evolve.
  • Engagement with Operations Teams : Foster regular communication with operations teams to ensure awareness and alignment with emerging product technology trends.
  • Inter-departmental Training : Lead dynamic training sessions to educate teams on product enhancements, changes, and refreshers, promoting a culture of continuous learning.
  • Cross-functional Leadership : Spearhead cross-departmental teams to finalize IT requirements for products, ensuring the integrity of the Developer's Box on endorsements.
  • Team Meetings Facilitation : Lead product development meetings that encourage collaboration, innovation, and effective problem-solving.
  • Endorsement Lifecycle Management : Manage the endorsement lifecycle and monitor product success metrics, including profitability analysis to drive informed decision-making.
  • Special Projects Participation : Engage in special projects and additional duties as needed, contributing to the overall success of the organization.

Requirements :

  • Bachelor's degree and at least 4 years of insurance industry experience
  • Demonstrated knowledge of insurance company operations and understanding of the structure and terminology of insurance products
  • Demonstrated proficiency with insurance policy or contract language; drafting experience a plus
  • Experience with insurance operations, management, technology, and manuals
  • Demonstrated ability to create project plans and lead projects
  • Creative, curious, detail-oriented
  • Excellent research, analytical, verbal, and written communication skills
  • Experience gathering, organizing, and analyzing data
  • Benefits :

  • Health Insurance - We offer subsidized plan options with an optional pre-tax Health Savings Account (HSA), including an annual employer contribution and investment options. The plans offer a prescription benefit and telehealth.
  • Dental Insurance - Two plan levels are available, depending on needs.
  • Vision Insurance -We offer in- and out-of-network options; Lasik discounts are available.
  • 401(k) - UE makes a 3% safe harbor non-elective contribution beginning the first of the month after date of hire; these funds are vested immediately. After one year of service, employees receive a 7% profit sharing non-elective contribution, as well as become eligible for a matched contribution of 25% of the first 5% employee deferral. Employees can make pre-tax contributions or taxed (Roth) salary reductions. Catch-up contributions for employees 50 years old and over. Employer contributions are fully vested three years from eligibility date.
  • Life Insurance - UE pays for Basic Life Insurance, and employees have the option to apply for additional Voluntary coverage.
  • Short- and Long-Term Disability Insurance - We offer coverage in the event employees are unable to work for a period of time.
  • For the first two years of employment, employees accrue PTO at 24 days per year. At the beginning of the third year of service, employees accrue 30 days per year of PTO.
  • 11 paid holidays annually including Juneteenth and an employee choice floating holiday
  • Bonus eligibility is based on salary earned and performance for the year.
  • Hybrid environment - employees are typically in the office 2-3 days per week after the initial training period.
  • Support for individual growth through sabbaticals, leadership development, mentoring, and tuition assistance
  • Inclusive and supportive culture that embraces diversity and provides opportunities for all to succeed
  • Monthly lunches and various social events throughout the year
  • Opportunities to join the Social Committee, Employee Resource Groups (ERGs), and Inclusion, Diversity, and Equity Alliance (IDEA)
  • The below annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate / annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations.

    Salary Range

    97,000-$148,000 USD

    Salary : $97,000 - $148,000

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