NJM is looking to develop and drive profitable growth across its Commercial Package and Umbrella lines of business by defining, building, and implementing a clear vision and strategy, supported by market research and cross-functional collaboration.
Requirements
- 15+ years in the Personal Lines P&C insurance industry, including a minimum of 5 years of Commercial Package and Umbrella product management experience.
- Workers’ Compensation and/or Commercial Automobile product management experience is a plus.
- Proven ability to assess market expansion opportunities across multiple states.
- Expertise in gathering competitive intelligence, conducting analysis, and providing insights on risk management, rates, and product recommendations.
- Strong analytical skills, both qualitative and quantitative.
- Demonstrated ability to analyze growth and profitability opportunities.
- Experience in leading, motivating, coaching, and developing staff.
Responsibilities
- Support the organization in driving responsible and profitable growth across the Commercial Package and Umbrella lines of business.
- Execute the development and communication of the product vision, strategy, and roadmap.
- Manage CAT exposures for assigned geographies within NJM’s corporate CAT strategy.
- Prepare and present rate changes and/or product recommendations, and business updates to the Executive Leadership Team (ELT) as needed.
- Proactively identify and evaluate new products and service concepts in collaboration with internal departments.
- Gathering competitive intelligence, conducting analysis, and providing insights on risk management, rates, and product recommendations.
- Analyze growth and profitability opportunities.
Other
- Bachelor's (Masters preferred) in Mathematics, Economics, Finance, Actuarial Science or related field of Study.
- CPCU designation preferred, Actuarial experience a plus.
- Work effectively with cross-functional teams including, including Actuarial, Claims, Underwriting, Finance, Sales/Marketing, and Customer Service, to support state/product initiatives.
- Lead and develop a team of Actuarial and Business Insights Analysts.
- Assist in the annual planning process in collaboration with marketing, finance, and operations departments.
