American Family Insurance

State Product Manager (Hybrid)

WI Madison Full time
As a State Product manager in Property Insurance with American Family Insurance you will develop and introduce enhanced products and services in existing markets to manage the product development lifecycle. Deliver enhancements that improve product using contract language, underwriting guidelines, system/platform, automation, and use of pricing/predictive analytics. Support and manage insurance product performance in market by using insights across a variety of internal and external sources to conduct root cause analysis. Research solutions that inform recommended actions to improve profitability, growth and customer experience to support annual profit and growth plans. Create insights from intelligence about customer, market and competitors and monitor trends in the market.

You will report to the Director, Product - Property Insurance

#LI-Hybrid

Position Compensation Range:

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

•Lead cross functional teams aligned to drive solutions for profitable and growth goals. Responsible for profit and loss accountability. •Develop strategies and implements them to deliver strategic initiatives that drive profit and growth goals.

•Provide strategic direction for property insurance products.

•Lead others towards the identification of valid root causes of business issues, develop solutions and completes plan implementation. Develop and maintain working relationship with other lines.

•Charged with leading new product innovation and development projects both as the leading subject matter expert and overall development leader for the initiative.

•Ensure overall financial viability, sustainability, and compliance of enhanced product/service offering.

•Develop product strategies for enhanced products with robust lean innovation, agile product development and other methods aimed at developing insurance products and services.

•Establish efficient product design procedures that set standards for others, inclusive of support responsibilities.

•Conduct market research to become familiar with requirements for our products supported by ongoing evaluation of customers, products and competitors.

•Research the non-standard product marketplace to gain experience of the competition's strengths, weaknesses and products to analyze our ability to compete within the market.

•Analyze potential partner relationships.

Specialized Knowledge & Skills Requirements

•Demonstrated experience providing customer-driven solutions, support, or service.

•Demonstrated experience developing insurance product/line of business strategies.

•Extensive knowledge of leveraging customer, market, and competitor intelligence.

•Extensive knowledge and experience with lean innovation, agile or other development/innovation approaches.

•Extensive knowledge of market research and marketplace and regulatory trends.

•Extensive knowledge and understanding of product design, pricing and product management.

•Solid knowledge and understanding of advanced financial and data analysis techniques.

Preferred qualifications:

  • Solid background and experience in property insurance.

Licenses

•Not applicable.

Travel Requirements

•Up to 10%.

Physical Requirements

•Work that primarily involves sitting/standing.

Working Conditions

•Not applicable.

Additional Information

  • Offer to selected candidate will be made contingent on the results of applicable background checks

  • Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

  • Sponsorship will not be considered for this position unless specified in the posting

In this hybrid role you will be expected to work a minimum of 10 days per month out of the Madison, WI or Boston, MA offices.

Internals are encouraged to apply regardless of location.

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.