Sr Product Manager - Product & Pricing Strategy

Senior Product Manager Senior Product Manager owns the growth and profitability for an assigned line of business or region, developing product & pricing strategy while safeguarding financial strength and enhancing agent & client experience and risk management. Responsibilities Owns growth and profitability, including YoY growth targets, developing rate plans and proactively identifying and addressing key concerns. Provides monitoring and surveillance of key initiatives, elevates concerns and proposes solutions to the Senior Leadership Team. Oversees vendor management and partnership for LOB/region initiatives (e.g., HSB). Identifies new focus markets and a strategy to profitably grow those markets. Reimagines value delivery by leading agent/client workshops to better understand client needs and serves as a product and market expert. Proactively identifies, assesses, and implements solutions to control broad risks (ERM), including recommendations on CAT management, reinsurance structure, and agency footprint. Provides the leadership team with periodic industry intelligence on emerging issues. Helps develop the product management team by cultivating an inclusive culture, engaging the team, and providing training and mentoring. Reviews pricing, design features, and critical success factors such as distribution, marketing, underwriting, and claims to make recommendations. Works collaboratively across divisions to incorporate expertise into a holistic strategy. Works closely with other areas and IT to determine project prioritization and implementation. Provides leadership to all functional areas related to product design and management. Makes recommendations based on deep functional and regional knowledge. Utilizes industry reporting tools to provide competitor insight, market share, and performance within a region or line of business to senior leadership. Works with the Business Intelligence team to develop standardized monthly reports for specified region or line of business. Recommends product enhancements and new products based on competitor, field, and client feedback. Works with marketing to identify focus areas and opportunities and develops marketing collateral (agent and client facing). Manages strategies related to multiple product profitability objectives. Works cross‑functionally with underwriting, claims, and agencies to identify loss drivers and implement mitigation strategies. Leads coordination and implementation of new products and product changes. Spearheads product‑related internal and external training and education. Develops and executes a long‑term business product plan that drives profitable growth at the local market level. Serves as a technical resource to leadership and other functional areas. Analyzes financial results, product profitability, business mix, and competitive information; designs forecasting models. Guides the process of sponsoring or evaluating new tools and technology to enhance product performance with a focus on innovation. Validates effective execution of pricing and product initiatives. Leads and coordinates critical internal processes, including Growth & Profitability calls and Operational Reviews. Leads the Product Development process. Leads cross‑functional strategy teams and works closely with Regional Field Executives to execute strategy. Builds project charters and execution plans for product enhancements and new offerings in partnership with the Project Management Organization. Develops annual growth plans by agent, MLGA, state, region, and line of business along with the Acting team. Creates annual business plans for assigned lines of business or region, including product development projects, Growth & Profitability actions, and regulatory changes. Qualifications / Experience Required Bachelor’s degree. 8 to 10 years of insurance industry experience. Six years of previous Product Management experience or a minimum of eight years in underwriting/actuarial or other industry experience with at least two years of Product Management experience. Experience and knowledge of project management. Experience and knowledge of risk segmentation. Experience and knowledge of insurance pricing. Understanding of the operational nature of product implementation and the product life cycle. Track record of prior success with increasing positions of responsibilities. Comfortable with, and adaptable to, new technologies. Excellent analytical and critical thinking skills. Adept at communicating complex concepts in a simple way. Ability to travel on behalf of the company. Ability to effectively manage high‑pressure situations. Strong negotiating skills. Preferred Qualifications Professional insurance designation preferred. Compensation & Benefits Pay Range (Omaha, Albany & Richmond): $95,000 – $120,000 Pay Range (Chicago & NYC): $100,000 – $135,000 In addition to base salary, this position is eligible for an annual bonus based on company and individual performance, and offers a generous benefits package including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities. PLEASE NOTE: Applicants must be legally authorized to work in the United States. At this time, we do not sponsor or assume sponsorship of employment visas. Equal Opportunity Employer We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical), HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. #J-18808-Ljbffr Clearbrook Group Services Inc.