Analyze the performance of the line or book of business, provide product strategy recommendations to divisional and departmental leadership. Evaluate and track competitor products, pricing information and target markets. Research competitor pricing and rating programs providing analysis to the business for pricing enhancements and new products. May specialize in product management and product development accountabilities depending upon business need.
You will report to a Senior Manager, Product.
Position Compensation Range:
$97,000.00 - $160,000.00
Pay Rate Type:
Salary
Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
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Job DescriptionResponsibilities:
- May serve as project lead for implementation of products and services.
- Analyze the performance of the product lines, agent, or book of business.
- Evaluate profit factors and conduct analysis of performance data to provides product strategy recommendations relating to profit, growth, retention, and overall book of business.
- Develop working relationships with other lines to identify product gaps and opportunities.
- Research and develop concepts for complex enhanced products and services.
- Work with partners in pricing/actuarial or claims to ensure product compliance and financial viability.
- Prepare contract language, develop initial underwriting standards, and oversee development of new predictive analytics including pricing models and other predictive models.
- Be a subject matter expert in development of contract language and underwriting guidelines. Ensure product compliance.
- Produce detailed competitive analysis for personal lines products using a variety of information sources and tools to support decision-making. Analyze all available data forming conclusions regarding our competitive position in the marketplace. Provide recommendations to leadership to take advantage of product offerings and geographical areas.
- Provide expertise regarding how competitor actions and industry trends influences personal lines ability to meet corporate and divisional goals. Make recommendations to management regarding operational and product changes that may enhance our competitive position.
- Stay up to date with all rate changes, rating enhancements and program changes by our competitors; research competitor filings, rate and rule manuals to check changes made and their impact on our competitive position. Ensure reporting accuracy explaining drivers and insights relating to competitive position changes.
Requirements:
- Your experience with auto lines is a plus, but not required.
- Demonstrated experience providing customer-oriented solutions or service.
- Demonstrated experience performing complex financial, actuarial or business analysis.
- Solid understanding of customer, business industry, insurance, underwriting guidelines and risk concepts in area of expertise.
- Demonstrated problem-solving and analytical skills to review complex products and lines of business.
- Demonstrated experience making independent decisions.
- Demonstrated experience in project management methodologies, practices, techniques and tools.
Travel Requirements
- Up to 10%.
Additional Job Information
This is a hybrid role that involves working a minimum of 10 days per month in the office. Work locations for this role include: Madison, WI; Boston, MA; Minneapolis, MN; Denver, CO; Phoenix, AZ; Nashville, TN; Keene, NH; St. Joseph, MO
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- Your offer will be made contingent on the results of applicable background checks.
- Your offer is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
- Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position unless otherwise specified in the posting.
We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
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