Product Development Manager
American Modern Insurance Group, Inc. Amelia, OH 4/18/2017
Job Description
Oversee and coordinate all aspects of the product ensuring activities are properly aligned with company goals, values, and strategies. Manages results through appropriate rate levels, product design, rating segmentation, profile management and marketplace positioning.
Roles & Responsibilities:
* Manages personnel as required. Maintains proper personnel practices including hiring, performance evaluation, salary administration, promotion, transfer and termination. Trains and develops staff
* Coordinates rate review process and manages timeline.
* Drives key pricing and coverage changes and innovations.
* Facilitates review and approval of program filings. Ensures company compliance with all statutory requirements.
* Effectively communicate and present product recommendations.
* Design program manuals, applications and underwriting guidelines.
* Monitor external influences, market changes and competitors.
* Develop budgets, product forecasts and annual product plans.
5+ years Property & Casualty experience in a Product or similar capacity
* Bachelor's Degree in Business, Finance, Math, Statistics or similar field
* MBA or similar advanced degree, CPCP or FCAS preferred
* Strong project management skills and leadership, with also a willingness to work independently through all steps of the product development life-cycle
* Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
* Strong command of Excel and other computer and MS Office Suite applications.
* Understanding of Pricing Segmentation
* Strong understanding of Insurance Policy Contract Language
* Strong understanding of actuarial principles, GAAP/STAT Accounting principles, State Regulations, Reinsurance
Job Snapshot
Employment Type Full-Time
Job Type Insurance
Education Not Specified
Experience Not Specified
Manages Others Not Specified
Industry Insurance
Required Travel Not Specified
Job ID 1248BR
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Company Overview
American Modern Insurance Group, Inc.
We require all employees to treat each other with dignity and respect. The company will not tolerate discrimination or harassment of any kind. Neither will we tolerate any intimidation or violence, or the threat thereof. The principles set forth in this Code and other corporate policies will be enforced at all levels, fairly and without prejudice.
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Contact Information
Amelia, OH American Modern Insurance Group