Head of Insurance Product
Company
Obie
Location
Chicago, IL
Type
Full Time
Job Description
What You'll Do:
- Design and execute a wide breadth of insurance product management including pricing, forms, underwriting, compliance, go to market preparation, data insights, and operational process creation and refinement to ensure profitable growth
- Develop and implement product strategies to achieve P&L goals: product development, marketing and retention programs, risk selection, segmentation, underwriting strategy, competitive analysis, and cost containment
- Obtain and maintain capacity and programs with a variety of providers
- Assist with identifying and deploying data enrichment solutions in a digital underwriting environment
- Use your expertise to lead a team of insurance product managers to provide solutions that maximize growth and profitability across distribution channels
- Develop, maintain, and monitor standard operating procedures to ensure compliance, promote efficiencies, and satisfy customers and distribution partnersÂ
- Partner closely with Technology Product and Engineering teams to articulate, develop, and validate core system features and enhancements
- Work closely with Claims TPA to ensure appropriate information is captured and communicated in order to address loss performance on current and future policies
- Direct and manage data and analytics resources to maximize return on efforts for ObieÂ
- Provide thought leadership and guidance to influence priorities at Obie
What You'll Bring:
- 10+ years in product management, data analytics, or portfolio underwriting roles; some experience at an MGA/MGU/Program Administrator and/or insurtech preferred
- 5+ years experience as a leader of leaders
- Existing relationships with capacity providers and fronting carriers
- Proven success in developing, leading, and overseeing profitable product P&Ls
- Expertise in product development and management, actuarial, underwriting, compliance, loss mitigation, CAT management, data insights, and policy operations’ best practices
- Proven success at helping develop core systems and processes; including research, requirements, operations, deployment, and managementÂ
- Ability to conduct quantitative and qualitative analysis to evaluate performance across various segments including proficiency with data analysis and visualization tools
- Outstanding project management and time management skills with a proven ability to maintain composure and flexibility in a fast paced environment
- Ability to adapt and remain flexible as business strategies are adjusted and refined
- Clear and strong communicator with high proficiency for cross-functional collaboration
- Exceptional written and verbal communication skills, as well as proven ability to foster and encourage teamwork and productive working relationships with stakeholders at all levels and across organizational lines
- Enthusiastic to be an Obie brand representative and insurance industry authority to external parties
Date Posted
11/10/2023
Views
13
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