Project Management

Senior Product Manager- Walmart +

ICW Group

Remote · Or · United States

Are you looking to make an impactful difference in your work, yourself, and your community? Were proud to be in business for over 50 years, and its change agents like yourself that will help us continue to deliver our mission to create the best insurance experience possible.
We strive to make both our internal and external communities better everyday! The purpose of the position is to partner with key stakeholders to drive the strategic direction for a portfolio of insurance product line(s) across all distribution channels and brands. This position helps define product strategy and roadmap and champions the strategy and monitors product progression throughout the full life cycle. The position is responsible for monitoring and influencing all aspects of product performance to achieve Company revenue and performance targets.
Leads and participates in collaborations with the head of product line underwriting unit(s) to develop product strategy and action plan to achieve growth and profit objectives.
Owns inputs to bi-annual premium and exposure projections supporting financial budgeting and pro-forma processes and understand projection framework.
Provides expert insights regarding profitability, retention, and growth strategies through the integration of the underwriting, marketing, policyholder services, distribution, claims, actuarial, data analytics, customer, and digital experience.
Collaborates with other functional departments to coordinate timelines for delivery, maximize the effectiveness of programs, direct implementation of product strategies, and drive cross-functional alignment and engagement for initiatives supporting product objectives.
Develops and maintains templates to perform competitive research and deliver competitive analyses.
Utilizes and trains others in the use of internal analytical tools (spanning underwriting, marketing, customer behavior, and claims).
Performs and reviews data analyses concerning loss patterns, market forces, risk distributions, and agency management to evaluate the success of current strategies to either modify or create new strategies targeting production, product pricing, underwriting, contract changes, or agency changes.
Develops and drives initiatives for strategic product development.
Applies business content knowledge in identifying priorities and executing strategic product initiatives to achieve business objectives.
Partners with Actuarial team to determine and implement appropriate pricing and program structure to achieve product goals, and design and execute product rate plan and state level enhancements across jurisdictions ensuring all changes are communicated to field services, operations, underwriting, marketing, and system technology teams.
Analyzes the performance of existing products; develops and leads the creation of business cases for the development of changes to existing products or development of new products.
Maintains knowledge of available internal and external data sources, including accuracy and completeness, to select the proper data set(s) for evaluation.
Organizes and structures product definitions to ensure efficiencies in downstream reporting processes.
Directs the implementation of underwriting guideline changes.
Acts as product leader and subject matter expert in the maintenance of current products, filed product changes, and design and delivery of new products in development.
Develops internal partnerships and collaborates with Enterprise Marketing, Legal, Compliance, Underwriting, and Actuarial Departments to manage the implementation of all ratemaking bureau rules, forms and coverage changes, and company-initiated changes including coordination with the rate filing analyst.
Possesses expert knowledge of ratemaking bureau underwriting manuals and company exception rules and maintains knowledge of any changes. Documents and memorializes changes.
Researches issues or concerns around underwriting rules, including historical company filings in independent ratemaking bureaus to confirm adherence and direct changes.
Maintains knowledge of rules, regulations, nuances in states of operation and engage with product line underwriting unit(s) to invoke needed changes or identify training in support of a self-sustaining culture.
Proactively engages with Underwriting and Legal to ensure insurance policy provisions comply with state law.
Participates in regulatory approval of filings, market conduct exams, and internal responses to any state filing objections to facilitate modifications.
Bachelors degree from a college or university required with a major or emphasis in Business, Computer Science, Math, or related field or equivalent combination of education and experience. MBA is a plus.
Insurance industry knowledge and demonstrated work experience required.
Experience managing complex, large-scale, high risk product development projects preferred.
workers compensation or commercial lines required based on role designation.
Knowledge of actuarial practice area is a plus.
Highly developed quantitative analysis, decision making, and project management skills.
Deep knowledge of the insurance product lifecycle, financial drivers of profitability, insurance regulations and general insurance operations and business processes.
CERTIFICATES, LICENSES, REGISTRATIONS
While performing the duties of this job, the employee is regularly required to sit or periodically stand and work on a computer for 80-90% of time. This position operates in an office environment and requires the frequent use of a computer, telephone, copier, and other standard office equipment. LI-NT1 #LI-Remote
This range is exclusive of fringe benefits and potential bonuses. We offer a competitive benefits package, with generous medical, dental, and vision plans as well as 401K retirement plans and company match
Bonus potential for all positions
Paid holidays throughout the calendar year
ICW Group will not discriminate against an applicant or employee on the basis of race, color, religion, national origin, ancestry, sex/gender, age, physical or mental disability, military or veteran status, genetic information, sexual orientation, gender identity, gender expression, marital status, or any other characteristic protected by applicable federal, state or local law.

Actuarial

Reference: 4487_21697072

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