Product Manager - Homeowners

Company
American Modern Insurance Group
Location
Cincinnati , United States

Title: Product Manager

Location: current schedule is hybrid (40-50% in the Amelia, Ohio office)

Recruiter: Sonya Fischesser

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $1.9 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Purpose:

The Product Manager manages and is responsible for the profit and loss of their assigned line of business. For this role it will include Homeowner and Dwelling Fire products. Oversee and coordinate all aspects of the product ensuring activities are properly aligned with company goals, values, and strategies. Manages results through appropriate rate levels, product design, development and implementation, rating segmentation, profile management and marketplace positioning.

Roles & Responsibilities:

Provides timely, quality, compliant delivery of our products to agents, markets, and consumers.
Plan state review schedule and determine and approve the state’s rate need in order to maintain profitability.
Key communicator with Agents, Actuary, Marketing, Sales, Underwriting, and other interested parties for buy in on product reviews.
Interpretation and implementation of countrywide product direction for a particular state within line of business.
Primary contact for Sales RVP and Territory Sales Manager.
Specific knowledge of our system during the quote, issuance, and endorsement process.
Work with Underwriting to set the direction and tone of the Underwriting Guidelines for a particular state.
Participate in go to market business readiness support.
Answer line of business, conduct all DOI complaints, develop Market Conduct research and support, manage premium waivers, and facilitate state surveys.

Required Technical Skills:

Strong analytical abilities including understanding of advanced mathematics and statistical concepts
Strong command of Excel and MS Office Suite applications
General understanding of Pricing Segmentation, State Regulations, Reinsurance, Policy Contract Language, Product Management and Underwriting
Proven ability to lead, innovate and make decisions in order to foster and develop more advanced techniques as appropriate for the functional area.

Education, Certifications & Designations:

Required: Bachelor’s Degree Business, Finance, Math, Statistics or similar field

Preferred: MBA or similar advanced degree, CPCU and/or FCAS

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

Two options for your health insurance plan (PPO or High Deductible)
Prescription drug coverage (included in your health insurance plan)
Vision and dental insurance plans
Short and Long Term Disability coverage
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)

In addition to the above insurance offerings, our employees also enjoy:

A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
Eligibility to receive a yearly bonus as a Munich Re employee
A variety of health and wellness programs provided at no cost
A hybrid environment that gives you a choice in where and how you get work done
A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
An on-site complimentary workout facility as well as walking trails on campus grounds
On-site wellness center complete with nurse practitioner
Financial assistance for adoptions and infertility treatment
Paid time off for eligible family care needs
Tuition assistance and educational achievement bonuses
Free parking
A corporate matching gifts program that further enhances your charitable donation
Paid time off to volunteer in your community

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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