Bachelor's degree in Mathematics, Statistics, Actuarial Science, Data Analytics, Economics, Finance, or equivalent preferred
At least 5 years of experience in actuarial or insurance product analytics, including 1-2 years in a state management role
Strong data analytics skills with a problem-solving mindset
Advanced skills in Excel and databases, with proficiency in other MS Office tools
Commitment to ongoing learning in product management and technology
Excellent verbal and written communication and presentation abilities
Responsibilities
Drive premium growth and enhance profitability for designated states
Develop short and long-term project roadmaps for rate changes across products
Monitor industry trends, competitor activities, and regulatory changes
Lead projects for premium growth, profit improvement, and enhanced customer experience
Build strong relationships with teams across Actuarial, Underwriting, Claims, and Marketing
Manage a state team to effectively implement strategic product and pricing plans
Prepare reports and presentations for the Executive Leadership Team on project updates and rate changes
Collaborate with BP&A to craft the annual financial plan and forecasts
Benefits
Opportunities for professional development and continuous learning
Collaborative environment with cross-functional teams
Chance to impact premium growth and customer experience directly
Involvement in strategic decision-making with executive leadership
Dynamic work culture in the insurance industry
Full Job Description
Job Description:
Experience level: Mid-senior
Experience required: 5 Years
Education level: Bachelors degree
Job function: Finance
Industry: Insurance
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 states
Develop both short and long-term rate change/project roadmaps for each product
Stay current on industry developments and trends, competitor actions as well as the regulatory environments
Lead premium growth, profit improvement, and customer experience enhancement projects
Develop 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 plan
Prepare 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 forecasts
QUALIFICATIONS:
Minimum 4-year college degree or equivalent; Mathematics, Statistics, Actuarial, Data Analytics, Economics, Finance or other quantitative business degree preferred
Minimum 35-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 manager
Strong data analytics capabilities along with a natural problem-solving curiosity
Advanced Excel and database skills; competent in other MS Office software
Committed to continuously learning, product management skills, technology, etc.
Excellent and effective verbal and written communication and presentation skills
Required Skills: • Analysts • Excel • Presentation Skills • Business Process • Product Management • Customer Experience • Data Analytics • Statistics • Insurance • Analytics • Mathematics • Economics • MS Office • Education • Finance • Software • Marketing • Leadership • Business • Communication • Management
