Insurance Product Manager (Remote, US)

Openly

8h•$108,450 - $180,750•Remote

About The Position

We are seeking an Insurance Product Manager to help drive our state expansion efforts and bring Openly insurance products to independent agents across the country. Reporting to the Director of Insurance Product Management, this highly visible role offers the opportunity to lead key insurance product management initiatives and interact with business leaders across Technology and Operations Teams. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.

Requirements

3-5 years of experience in insurance product management and product development roles
A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
Strong decision-making skills
P&C insurance experience is required, and homeowners insurance experience is a plus
Insurance product compliance and/or state launch experience is a plus

Responsibilities

Developing and calibrating Openly’s homeowners program for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models
Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
Collaborating with our Technology and Operations teams to successfully implement and launch the product in new states
Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint
Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Benefits

Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
Competitive Salary & Equity
Comprehensive Medical, Dental, and Vision Plan Offerings
Life and disability coverage including voluntary options
Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
(Birthing parents may be eligible for additional leave through STD)
401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity.
Be Well Program - Employees receive $50 per month to use towards your overall well-being
Paid Volunteer Service Hours
Referral Program and Reward
Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time.