Insurance Sr. Product Manager - Head of Texas
$157.5k - $200kPorch.com, Inc.
Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers, 2) led by advantaged underwriting in insurance, 3) to protect the whole home.
As a leader in the home services software-as-a-service ("SaaS") space, we've built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies. In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED. Job Title: Insurance Sr. Product Manager Location: United StatesWorkplace Type: Remote Job Summary The future is bright for Porch Group, and we'd love for you to be a part of it as our Insurance Sr. Product Manager . In this highly visible, player/coach role, you will lead profitable growth as we implement new products, pricing, and underwriting in our largest market of Texas. You will bring deep homeowners insurance expertise, strong analytical capabilities, and a collaborative approach to building a best-in-class insurance product organization. This role also includes management of one direct report, while partnering closely with senior leadership and cross-functional teams to drive product strategy and execution. What You Will Do As A Insurance Sr. Product Manager
Product Implementation
- Customize actions for the Texas market to ensure successful implementation of new product, pricing, and underwriting initiatives for profitable growth.
- Identify detailed market dynamics and develop targeted actions with partners to drive measurable business outcomes.
- Develop product managers and consultants to deeply understand and win in their assigned markets.
- Maintain loss-ratio discipline and risk tolerance while achieving growth in the assigned market.
- Ensure forecasts and business goals reflect current and anticipated market conditions.
- Develop risk-management tools and strategies to support growth in the Independent Agency channel.
- Manage catastrophe and concentration risk effectively, including pricing components that adjust as new business impacts geographic distribution.
- Analyze competitor strategies and market dynamics; communicate insights to influence cross-functional initiatives.
- Expand competitive-intelligence tools and capabilities as needed.
- Regularly report on product performance and make data-driven recommendations.
- Define and refine KPIs and performance metrics.
- Ensure products meet customer needs and expectations.
- Integrate customer feedback into ongoing development and enhancement.
- Partner with underwriting, marketing, sales, IT, and operations to ensure coordinated product initiatives.
- Develop holistic solutions aligned with enterprise strategy and senior leadership direction.
- Ensure all products comply with applicable regulatory requirements and standards.
- Identify and build cross-functional processes that enhance team effectiveness, efficiency, and collaboration.
- Bachelor's degree in Business, Marketing, Finance, Actuarial Science, or related field required; MBA or advanced degree preferred.
- 10+ years of product management, actuarial, finance, or related insurance experience, including at least 5 years in homeowners insurance.
- 5+ years of management experience, including direct people leadership.
- Experience partnering with Senior Leadership on strategic initiatives.
- Experience across Preferred, Standard, and Non-Standard customer segments.
- Strong track record of successful product launches and strategic execution.
- Deep understanding of personal lines insurance and reinsurance, including market trends, regulations, and competitive landscape.
- Strong leadership skills with proven ability to guide and inspire cross-functional teams.
- Excellent analytical skills and comfort using data to inform strategy.
- Outstanding verbal and written communication skills.
- Creative thinker with a passion for innovation and continuous improvement.
- Strong financial acumen, regulatory understanding, and customer-focused mindset.
At this time, Porch Group does not consider applicants from the following states or jurisdictions for Remote positions: Alaska, Delaware, Hawaii, Mississippi, Nebraska, Montana, New Hampshire, West Virginia, or the District of Columbia.
What You Will Get As A Porch Group Team Member Pay Range*: $157,500 - $200,000 annually *Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets, job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.
Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals. You will also be eligible to receive an annual bonus based on individual and company performance, subject to program guidelines and approvals
Our benefits package will provide you with comprehensive coverage for your health, life, and financial wellbeing.
- Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.
- Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.
- We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
- We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans.
- Both traditional and Roth 401(k) plans are available with a discretionary employer match.
- Supportlinc is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
- LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
- Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.
#LI-NH1 #LI-Remote What's next? Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have! Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work. Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances. Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.
$157.5k - $200k
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