Commercial Product Director
Job Summary, As a Strategic Manager you will need to know every aspects of the assigned product for all states. You will sets operating standards for growth, service and profitability and direct a staff of Product Managers to excellence.
Responsibilities will include:
Overall accountability to meet profit and top line growth and profit goals as agreed to with the VP or AVP of the assigned product line.
Recruiting, developing, training and supervising individual State or Industry Product Managers.
Coordinating with other product executives in the development of product lines and strategies that align with each other to meet customer and distribution force requirements.
Consulting with the VP of Marketing and Marketing Zone Executives on product marketing and sales initiatives.
Reporting results to manager and senior level managers on a regular basis and when called upon.
Coordinating with Home Office Underwriting Staff to develop underwriting protocols and risk appetite.
Negotiating strategies and sets short and long-term priorities to align product goals with the State Executives.
Working with Actuarial to plan and establish countrywide pricing strategies creating growth opportunities while maintaining the necessary profit.
understanding analytical information and presentations to make product decisions.
Developing market strategies through class and risk management techniques.
Creating product initiatives, rating and filing strategies.
Working with the Home Office Claims Department in the review of claim management protocols, state loss trends and large loss reviews.
Overseeing research of national, state and product industry trends to develop strategies that take advantage of changing markets prior to the competition.
Working with the line VP or AVP to develop short and long-term projects.
Obtaining approval of Senior Management and works with the Project Management Office in the oversight of projects through implementation.
Working with IT in the planning, development and implementation of system changes and other automation projects.
The right candidate will have a Four-year degree and a CPCU is strongly preferred. Ten years of product and/or underwriting management experience is also required along with strong leadership skills and a commitment to upholding excellence. Must be skilled at developing and presenting product knowledge, business plans, and line objectives.
Benefits - Full
Relocation Assistance Available - Yes
Bonus Eligible - Yes
Interview Travel Reimbursed - Yes
10+ to 15 years experience
Minimum Education - Bachelor's Degree
Willingness to Travel - Occasionally