Regional Product Manager

About the Role

The Regional Product Manager will be responsible for the performance of commercial lines products in the assigned region. Ideal candidates should be able to analyze and monitor critical company and industry metrics to develop business strategies to ensure consistent financial performance.

Responsibilities and Duties

• Use data led insights to develop strategy and provide guidance to underwriting and marketing, through the following activities:
  • Monitoring loss ratio, retention, new business, quote volumes, and expenses – by coverage and class.
  • Actively monitoring competitor filings and summarize rate levels, rating structures, and coverage features
  • Understanding the unique coverages in assigned states (e.g. UM, PIP, individual workers compensation coverage elections, etc.) and how regulatory changes may impact them
  • Utilize bureau filings and information to help understand pricing trends in the market place
  • Regular communication with regional marketing and sales staff to gain information and perspective on what they are seeing in the agents’ offices
• Participate in the annual business planning process.
• Effectively communicate and collaborate with underwriting, marketing, enterprise analytics and information services.
• This is a professional level position and the employee may need to work additional hours to complete various projects
• Adhere to all Federal, State, and Local laws and regulations
• Comply with policies and directives outlined in the company handbook
• Other duties as assigned

Qualifications and Skills

• Bachelor’s Degree or equivalent experience
• Five (5) years of product development, commercial lines underwriting or commercial lines rate making experience
• CPCU Designation preferred
• Strong analytical skills
• Strong interpersonal skills