Product Manager Insurance (Remote)
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Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze and mitigate exposure to climate risk. Arbols products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. Arbols key differentiator versus traditional InsurTech or climate analytics platforms is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive climate data infrastructure scalable product development automated instant pricing using an artificial intelligence underwriter blockchain-powered operational efficiencies and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors Arbol brings scale transparency and efficiency to parametric coverage.
Arbol National Insurance Managers is seeking a Product Manager well versed in insurance to join our team! As an experienced professional capable of guiding insurance products throughout their lifecycle you will lead our companys efforts in a state or territory to deliver profitable growth. You will monitor manage and execute changes to our companys rates rules and forms as we strive to innovate to provide more value to our agents and customers than our competitors. And you will make coverage pricing and other business recommendations to underwriting claims finance and senior management. Reporting to the Director of Product Management you will play a key role in executing Arbols vision to profitably provide coverage-driven product solutions to our customers.
What Youll Be Doing
- Deliver profitable growth in managed states/territories through understanding markets loss trends and regulatory requirements
- Develop implement monitor and recommend changes to personal property insurance products
- Analyze product performance metrics (loss ratio frequency severity hit ratio retention etc.) and recommend/implement changes to optimize results
- Conduct sophisticated analysis of product mix quote-to-bind conversion rates claims frequency and retention strategies.
- Identify and evaluate new market opportunities through complex market analysis and competitive intelligence
- Coordinate with the pricing team to develop competitive pricing structures using ISO tools proprietary rating elements and advanced economic models
- Design and recommend automated compliance systems to improve operational efficiency
- Serve as subject matter expert for regulatory initiatives and state-specific requirements
- Partner with actuarial on rate selection and execute filings for rates rules and forms
- Monitor the competitive environment by gathering intelligence from marketing and our agents and analyzing competitor rate changes
- Understand all relevant regulations and work with regulatory entities to secure filing approvals
- Guide and support Business Analyst and IT resources to deliver product changes accurately and on time
What Youll Need
- Three or more years of property & casualty product management or insurance experience
- Excellent quantitative analysis capabilities and experience working with large datasets
- Strong leadership communication and problem-solving abilities
- Experience working in a fast-paced team-oriented environment with shared resources
- CPCU actuarial exams or other related insurance coursework preferred
$90000 - $125000 a year
Essential Job Functions & Physical Requirements
Ability to sit for extended periods of time while working at a computer with or without reasonable accommodation
Ability to use a computer keyboard mouse and standard office equipment (e.g. phone printer scanner)
Ability to view a computer screen for prolonged periods with or without reasonable accommodation
Ability to communicate effectively in person by phone and via email
Ability to occasionally stand walk bend and reach within an office environment
Ability to lift and/or move up to 1015 pounds occasionally (e.g. office supplies files) with or without reasonable accommodation
Ability to perform repetitive motions such as typing or data entry
Ability to maintain focus and attention while performing detailed tasks
Interested but you dont meet every qualification Please apply!
Arbol values the perspectives and experience of candidates with non-traditional backgrounds and we encourage you to apply even if you do not meet every requirement.
Accessibility
Arbol is committed to accessibility and inclusivity in the hiring process. As part of this commitment we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you require an accommodation to apply or interview please contact emailprotected
Benefits
Arbol is proud to offer its full-time employees competitive compensation and equity in a high-growth startup. Our health benefits include comprehensive health dental and vision coverage and an optional flexible spending account (FSA) to support your health. We offer a 401(k) match to support your future and flexible PTO for you to relax and recharge.
Equal Opportunity Employer
Arbol is an Equal Opportunity Employer and does not discriminate on the basis of race color religion sex (including pregnancy sexual orientation or gender identity) national origin age disability veteran status or any other legally protected status.
Arbol participates in the E-Verify program to confirm employment eligibility.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
IC
Key Skills
About Company
Explore Arbol’s parametric insurance solutions for effective climate risk management. Our data-driven products help secure financial stability against weather-related disruptions.
