Commercial Lines Auto Products Director (hybrid/remote)

Grange Insurance

$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred; advanced degree or professional designation (e.g., CPCU) strongly preferred.
  • 1+ years of product management experience with profit and loss responsibility in commercial auto lines desired.
  • Multiple years of experience in commercial underwriting strongly preferred.
  • Superior problem-solving and analytical skills with a data-driven approach required.
  • Proven ability to foster a collaborative and team-oriented environment.

Responsibilities

  • Develop and implement business plans to optimize profit and growth for auto product lines.
  • Lead and motivate a diverse team to achieve business objectives across departments.
  • Establish strategies for product development, pricing, and underwriting guidelines.
  • Collaborate with Sales & Marketing and underwriting teams to drive technology adoption.
  • Oversee development of new programs and niche classes in partnership with Specialty Underwriting Leaders.
  • Ensure compliance of auto products with applicable statutes and regulations.
  • Conduct competitive analysis to stay informed on industry trends and competitor actions.

Benefits

  • Flexible work options including hybrid and remote arrangements.
  • Innovative benefits like cultural appreciation holiday and family formation support.
  • Compassionate care leave along with expanded bereavement categories.
  • Commitment to professional growth and skill development.
Full Job Description
If you're excited about this role but don't meet every qualification, we still encourage you to apply! At Grange, we value growth and are committed to supporting continuous learning and skill development as you advance in your career with us.

Summary: In this role you will be responsible strategically positioning Grange's products and services for Auto products to meet customer and agent needs, building company revenues and driving differentiation.

Please note that this could be at Director or Manager level based on relevant experience.

What You'll Be Doing:

  1. With full accountability for product profit and loss, develop and implement business plans to maximize Commercial Lines' profit and growth across the auto line of business.
  2. Lead, motivate, and enable a team of professionals to accomplish business objectives. This includes indirect reports within Commercial Lines and any personnel in supporting departments (e.g., marketing, claims, information technology) who can impact/influence business results.
  3. Establish and implement business strategy including: product development, pricing, and implementation processes (run-off and new products); underwriting guidelines; portfolio mix planning and results; development of product contracts, forms and endorsements; expense control (including commissions) and fee generation; bill plan selection and bad debt processing; and CAT mitigation efforts.
  4. Work with Sales & Marketing and underwriting teams to help influence agencies to adopt new technologies and best practices in the sales and service of Commercial Lines products.
  5. Oversee and lead development of new programs and niche classes in conjunction with Specialty Underwriting Leaders.
  6. Lead the Commercial Lines compliance function for Auto product lines ensuring that products & rates follow all applicable statutes & regulations.
  7. Lead the Commercial Lines competitive analysis function in assigned product lines. Keep current with industry trends and peer competitors' actions.
  8. Lead all communications around auto products internally to underwriters, techs, and upper management as well as externally to agents.


What You'll Bring To The Company:

Bachelor's degree preferred with advanced degree and/or professional designation (e.g. CPCU) strongly preferred. One or more years of product management profit and loss responsibility strongly desired with an emphasis on commercial auto lines of business. Multiple years of commercial underwriting experience strongly desired. Must have superior problem solving and analytical skills with proven ability to make data-driven decisions. Must have ability to develop and lead a highly collaborative and team-oriented environment. Ability to develop and execute a business strategy/vision required.

Grange understands that life requires flexibility. We promote geographical diversity, allowing hybrid and remote options and flexibility in work hours (role dependent). In addition to competitive traditional benefits, Grange has also created unique benefits based on associate feedback, including a cultural appreciation holiday, family formation benefits, compassionate care leave and expanded categories of bereavement leave.

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