Product Manager - Property and Inland Marine

As a Product Manager Property and Inland Marine , you will be responsible for driving growth and profitability across diverse market verticals, including Commercial General Liability, Products & Completed Operations, and Professional Liability. This role involves enhancing coverages, researching competitors, supporting product development, managing product forms, and collaborating with technical teams.

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Company Overview



Industry :
Insurtech
Location :
Chicago, IL
Company size :
Under 10 employees
Website :

Our client is a pioneering insurance company at the forefront of technology-driven innovation, committed to revolutionizing the $60 billion specialty insurance market. Their primary focus is on addressing the unique needs of hard-to-place and underserved Small and Medium-sized Enterprises customer segments. They understand the frustration that both insurance brokers and business customers have faced with lengthy and cumbersome insurance purchasing processes. Their mission is to simplify and streamline this experience with their fast and intuitive end-to-end insurance platform.

Position



Responsibilities
  • Responsible for the growth and profitability of the Property and Inland Marine lines across different market verticals (e.g., Commercial Property, Builders Risk, Bailees Customers, Contractors’ Equipment, Equipment Breakdown)
  • Identify opportunities to improve coverages, recommend solution alternatives, and coordinate with other areas to implement improvements
  • Research competitors’ forms, rates, and appetite across different market verticals
  • Assists in development of new products and new market verticals by helping perform compliance review, competitive analysis and building supporting data analysis/exhibits
  • Organize and maintain complete product forms repository including all mandatory and optional forms and endorsements
  • Supports management of existing products based on core business metrics (e.g., profitability, retention, hit ratio)
  • Collaborates closely with technical product management and engineering to ensure accurate implementation of insurance product requirements
  • Conduct coverage trainings as needed, including proactively sharing knowledge in area of expertise with other team members
Qualifications
  • 8+ years of related insurance product experience in commercial property and inland marine lines with a focus on specialty / non-admitted markets
  • Strong understanding of ISO coverage forms, endorsements, and rules with how they interact with underwriting appetite and rating
  • Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines
  • Ability to learn new applications and systems and process complex data from multiple sources to create analyses and reports
  • Strong analytical, quantitative, and problem-solving skills
  • Results driven and self-motivated, eager to have a large impact
  • This position will be in Chicago. Candidate should either be located in Chicago or willing to relocate to Chicago.

Contacts

Shawn Davis

Managing Partner & Executive Recruiter

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Matilde Mendes Pinto

Marketing Manager

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Interested? Get In Touch.

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Shawn Davis

Managing Partner & Executive Recruiter

View Profile Get In Touch

Matilde Mendes Pinto

Marketing Manager

View Profile Get In Touch