Product Pricing Manager (Insurance)

Company Details

Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs.

Our culture is one of innovation, creativity, and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace. The company is an equal opportunity employer.

Responsibilities

We have an opportunity for a Regional Product Manager to join our Berkley One team! As a key member of our Product Team, you will develop and introduce new or enhanced pricing and product strategies, manage product performance, and help us build our regional product management practice.

You'll work collaboratively with various stakeholders including underwriting, actuarial, state filings, compliance, and IT while interacting with external entities including vendors and state insurance departments. Note: this is not an IT position; we are looking for insurance professionals who work in the product management arena.

We have a welcoming culture valuing our employees - we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!

Key functions include but are not limited to:

• Manage states to meet profitability and growth targets
• Understand the assigned markets, develop specific state strategies related to price, coverage, and underwriting that lead to profitable growth, and are compliant and competitive in the marketplace
• Work collaboratively with cross-functional teams, notably Actuarial, Analytics, Underwriting, Legal, IT, and Agents, to strategically address needs as they relate to the product
• Measure the impact of product changes and key initiatives to ensure the implementation matches what was planned or expected
• Manage ongoing product performance, research market trends and competitor actions, and make relevant recommendations to ensure continued success
• Assist with evaluating usage/effectiveness of third-party data and in researching and developing new product solutions
• Define detailed product requirements; work with Product Analysts to ensure policy administration systems are programmed according to established requirements
• Creatively solve problems and enhance current processes
• Other projects as assigned

Qualifications

• Bachelor's Degree or equivalent experience
• 5+ years of P&C experience with a minimum of 2+ years of product management experience
• Experience with Personal Lines/High Net Worth carrier preferred
• Strong familiarity with insurance contract design, including ISO and others
• Meticulous work quality and accuracy of all forms, filings, documentation, and other work
• Strong analytical skills with an ability to identify trends, communicate results, and take action
• Working knowledge of insurance regulation and related business constraints
• Incredible empathy and understanding of the needs of our customers, both insureds and their agents alike; a strong, pro-active advocate for Berkley One customers and passionate about customer brand and coverage experience
• Exceptional oral and written communication skills; a communication style that is flexible to the situation; able to communicate clearly and with a purpose
• A strong sense of accountability and resourcefulness
• Natural curiosity, a love for learning how things work, and always looking for innovative improvements

Sponsorship Details

Sponsorship not Offered for this Role