Senior Insurance Product Manager
Simply Business is more than our name. It's how we approach insurance: Make it clear. Make it simple. Make it affordable. By combining exceptional talent, technology, data, and knowledge, Simply Business is the go-to online insurance brokerage that protects small businesses and the entrepreneurs who work hard to build them.
We want team members who have the drive to challenge boundaries. If you’re smart and passionate about delivering brilliant customer experiences, we’d love to hear from you.
The Senior Insurance Product Manager manages the development of innovative products, ensuring best in class coverage for our programs. This role oversees the design, analysis, development, and maintenance of the product suite, including monitoring the products’ performance, creating strategies to maximize profitability and developing the product road map for future growth. The Senior Insurance Product Manager also develops and increases the skill set and knowledge of product team members by providing insight, direction, and expertise.
As a Senior Product Insurance Manager you will:
- Leads effectively, even through ambiguity and uncertainty
- Uses data and analysis as the foundation of business decisions
- Demonstrates exceptional communication skills and enjoys collaboration
- Possesses a customer-centric mindset
- Is a critical thinker with a structured approach to problem-solving
- Continually strives to grow the team’s skill set
- Continually seeks learning and development opportunities
Senior Insurance Product Manager Responsibilities and Duties:
- Serve as the business owner responsible for new insurance product developments
- Use customer, market, and data insight to define new products and opportunities
- Take responsibility for forming hypotheses and measures for a successful product
- Create go-to-market plans and execute them
- Provide leadership and support as a subject matter expert in insurance
- Own product decision-making, prioritization, and delivery
- Effectively create alignment with internal and cross-functional teams on key organizational goals.
- Work closely with Underwriting, Data Insights, Insurance Product, Customer Experience, Marketing and reinsurance partners to deliver solutions using build-measure-learn methodology
- Work with key stakeholders to develop product road maps
- Monitor and measure the success of the product suite, making changes where required and identifying opportunities
We are looking for someone who is:
- Focused on customer needs
- Collaborative and able to compromise able to change gears and adapt in a fast paced environment
- Deeply knowledgeable of the product development lifecycle
- Biased to action
- Proactively keeping abreast of industry developments and related domains to bring a fresh perspective
- A leader with the skills to influence our direction, decisions, and execution
- Passionate about what they do and excited about the way we work
- Highly experienced in delivering a great insurance product, having had a hands-on decision making role in building/running one or more products sold digitally
- This position reports to the Head of MGA
What we are looking for:
- Bachelor's degree in business, economics, or other quantitative field preferred or equivalent experience
- Minimum of two years' in a Product Development position or eight years' work experience in Underwriting, Marketing, Claims, or Actuarial
- Insurance designation(s) and/or insurance education are preferred (CPCU, AU, ARM, AAI, and/or MBA/MA/MS degree)
- Advanced knowledge of product offerings, insurance lifecycle processes, underwriting guidelines and rating systems
- Advanced understanding of insurance workflows and concepts, including limits, coverages, pricing models, and ISO products, including forms, rules, loss costs and circulars
- Excellent knowledge and understanding of underwriting, systems, coverage, distribution channels, compliance, regulatory environment and insurance financials preferred
- Proficient planning, organizational, analytical, and decision making skills
- Excellent verbal and written communication skills
- Active investment in improving own capabilities and capabilities of others
What are the benefits?
Here are some of the great benefits and perks that come from being a Simply Business employee:
• A salary that reflects your experience, our pay policy, and the market we’re in from your first day
• Group plan for medical, dental, vision, and prescription drug coverage
• Short term disability, long term disability, and life insurance coverage
• Participation in the Company’s bonus program
• Participation in 401(k) plan with a 5% employer match
• Commuter benefits to help cut down on parking and public transit costs
• 25 days of vacation time plus 10 sick days and 10 company holidays
• A genuine investment in your learning and development
• Annual company trip, regular outings, and volunteer opportunities
• An awesome WeWork office with cold brew coffee and other beverages on tap, local pop-up events, and more
Simply Business is an equal opportunity employer. We're committed to welcoming and helping to grow employees within an inclusive & diverse culture. And that commitment starts with our interview process.
Once you apply, your info will be reviewed in a committee with employees from different levels, teams, and experiences. We pride ourselves on fostering a sense of community, which is only made stronger by each individual at SB, so you'll have the opportunity to meet a variety of people throughout the process. Get excited!
Want more info on working at Simply Business? Check out our careers page: https://www.simplybusiness.com/careers/
What's going on with work from home and return to the office?
More and more, people are talking about going back to the workplace and the new normal. At Simply Business, we’re thinking of it as a Better Normal. That means offering our SBers more choice and greater flexibility to work in a way that’s best for their particular job, their teams, and their lives.
We’re shifting to a hybrid working model, so we’ll have employees working virtually and in the office at any given time.
We’re also aware there are times when working together in person is the best way to get things done. We expect our SBers to connect in their hubs (that’s what we call our offices) most likely 4 times a month. That said, there’s no one-size-fits-all solution, so we expect all SBers and their teams will find the operating rhythm that works best for them.
If you’re wondering what it might be like for you at Simply Business, our Talent Acquisition is happy to answer any questions. In fact for them, it’s perfectly normal.
Most of our interviews will still take place over Zoom (however, depending on the role, there may be the opportunity/expectation to meet members of the team in-person). If it looks like you could be a good fit for the role, we’ll ask you to interview on Zoom – you’ll need WiFi and a laptop, or a 4G-enabled smartphone. If you don’t have access to either of these, or you need support with your application, get in touch with us at [email protected]. Similarly, please email us with any questions or if you want to pause your application for a bit – we’ll be happy to keep you updated on future opportunities like the one above.