Job Description: As a Senior Product Manager, you'll develop, apply and implement product strategy in alignment with market strategies and lead and collaborate on critical initiatives across regions and other functional departments. You’ll also influence decisions with internal and external partners at all levels and you'll be responsible for positioning products for profitable growth within the largest or most complex region with the most financial impact and complexity. [the_ad id="29344"] Job Responsibilities: Develops comprehensive product strategy for the state(s) for overall profitability using rate reviews, pricing, risk appetite, placement, timing, etc. Determines how to apply and implement strategic decisions in alignment with market strategies (agents, tools, sales, etc.). Influences decisions with internal and external partners at all levels that impact national plan and geographic responsibility. Analyzes product performance and proactively finds opportunities at state, line of business and agency level. Identifies and analyzes key product, performance and profitability drivers such as distribution, rate structure and rules performance to validate assumptions, identify adverse impacts, trends and solutions. Applies judgment, understanding and curiosity to data and provides high level analysis considering multiple complexities to build fully developed solutions. Analyzes and reviews financial results, product profitability, business mix and competitive information and forecasts performance. May coordinate the analysis of others to include larger reviews. Leads departmental projects across regions. Recommends strategic direction to leadership and responsible for implementation and ongoing ownership of the initiative including the tactical decisions to ensure success across departments, regions and business units. Develops and implements a coordinated product strategy (including pricing and design features) across all product lines. Directs the implementation and maintenance of features/capabilities of products with accountability for product growth and profitability in the assigned region in support of national strategies. Plans and develops strategies to take advantage of opportunities within the market to achieve corporate objectives. Gathers information from multiple internal and external sources according to company guidelines, including competitor filings to perform analysis. May require gathering information from internal subject matter specialists or partners and data through reports or other external published or non-published electronic means. Provides and applies context and understanding of information to anticipate the multiple variables and complexities needed to research. May coordinate project/product research through others. Consults with leadership and internal partners regarding analysis, ideas and business performance providing recommendations based on in-depth functional and regional knowledge. Manages own schedule to complete work within established time and service standards. Plans work to ensure rate review and other key processes are completed to ensure speed to market. Job Requirements: Education: Bachelor’s degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration or equivalent or Masters’ of Business Administration degree preferred. Reporting Relationships: Reports to AVP. Direct reports may include roles at the manager and below levels. Knowledge, Abilities and Skills: Detailed knowledge of core business functions, and insurance products and pricing architecture, state regulations, underwriting procedures and standard methodologies. Solid understanding of financials, trend analysis and competitor data. Proficiency in analytical tools, relational databases, data visualization techniques, query-based language and/or statistical software experience preferred. Excellent verbal and written communication skills necessary to present information, communicate and influence internal and external partners at all levels. Skilled in the use of related systems and analytical tools. Ability to drive for results, deal with ambiguity, solve problems, learn on the fly, make quality decisions, see trends and patterns within data. Ability to manage projects, opposing priorities, timelines and resources to complete work. Strong organizational agility and political savvy preferred. Experience: Ten years of experience in underwriting and product preferred. Cross-functional experience from other areas and experience with data analysis preferred. License/Certification/Designation: Progress toward or completion of CPCU, AU CIC, INS ARM, Actuarial exams or similar designations preferred. Job Details: Company: Nationwide Mutual Insurance Company Vacancy Type: Full Time Job Location: United States Application Deadline: N/A [the_ad id='29345'] Apply Here Vacanciesspot.com
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