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AF - Group · 4 hours ago

Senior Product Manager - Property Lines of Business (Corporate Underwriting)

United States

Full-time

Remote

Senior Level, Lead/Staff

$104K/yr - $175K/yr

10+ years exp

AF - Group is seeking a Senior Product Manager focused on corporate underwriting for Commercial Property lines of business. The role involves exploring new market opportunities, developing innovative products, and enhancing existing offerings while ensuring operational consistency and integrity across the enterprise.

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Comp. & Benefits

Responsibilities

Responsible for analyzing, researching and reporting on underwriting trends, issues, laws, rules, regulations and best practices, and provides recommendations as appropriate

Analyzes current and potential book of business and provides appropriate reports and recommendations

Responsible for the development implementation and monitoring of enterprise underwriting policies, procedures and best practices

Identifies and establishes strategy for quality control to ensure consistency with best practices and workflows

Participates in the identification, preparation and presentation of training and programs at an Operating Unit and Enterprise level

Serves as a technical expert and consultant in Corporate Underwriting on responses to questions and concerns for all operating units

Analyzes and reviews accounts above the authority limits of Operation Unit managers and underwriters and makes determinations on pricing and programs, as needed

Collaborates with enterprise operating units in furtherance of enterprise cost containment strategies as necessary

Represents Product Management & Corporate Underwriting and the enterprise, on various committees and events as appropriate and approved

Conducts underwriting due diligence assignments, as needed

Performs special projects, as assigned. Provides evaluation and input regarding effectiveness of departmental programs and projects

Assists in new market development, including creating supporting business cases, drafting white papers and acting as a liaison to departments involved in new market development for multiple commercial lines of insurance

Understands complex reinsurance structures, and critically evaluates complex clauses within proportional and non-proportional treaty and facultative reinsurance policies

Conduct full policy wording reviews for renewals to ensure compliance with underwriting guidelines

Develops underwriting guidelines and letters of authority, for new programs / products within the multi-line arena - including workers compensation plus other commercial lines of insurance

Assists with the Market Intelligence Initiative as needed

Maintains a clear understanding of all business requirements and applies expert product knowledge throughout the functional design process, including requirement documentation and technology liaising

Qualification

Commercial property underwritingProduct development experienceCatastrophe peril underwritingMulti-line capabilitiesInsurance regulatory experiencePolicy document analysisAnalytical skillsMathematical computationsMicrosoft Windows proficiencyCommunication skillsInterpersonal skillsProject management

Required

Bachelor's degree in Insurance, Business, Math, Finance, or a related field required

Minimum ten years of commercial property and casualty underwriting

Strong multi-line commercial property and casualty lines experience

Demonstrated technical knowledge with both small and large accounts

Two years of experience as a Corporate Underwriting Consultant or equivalent experience

Catastrophe peril underwriting and portfolio management experience

Extensive knowledge of commercial property and casualty with strong multi-line experience

Experience in insurance product development and product ideation

Ability to build out multi line capabilities for the enterprise

Experience with insurance related regulatory and governing bodies

Experience in implementing new product offerings into a technology platform

Ability to exercise good judgment in evaluating and determining the propriety of accepting or rejecting commercial property and casualty risks

Demonstrated results in three or more of the following areas required: Product Development, Market Strategy, Market Research or Risk Management

Ability to read, write, analyze and interpret policy documents, policy language, technical and financial information, and procedure manuals

Excellent oral and written communication skills

Excellent analytical skills to identify improvement needs and develop solutions

Ability to effectively exchange information clearly and concisely, present ideas, report facts and other information, and respond to questions as appropriate

Strong interpersonal skills and the ability to negotiate while creating and maintaining mutually beneficial relationships with working partners

Ability to manage multiple projects and meet necessary deadlines with minimal direction

Ability to perform necessary mathematical computations

Ability and proficiency in the use of computers and proficient in Microsoft Windows including spreadsheet applications and Microsoft Word

Ability to make competent, independent decisions

Ability to perform other assignments at locations outside the office

Extensive knowledge of commercial property and casualty with strong multi-line experience in commercial property and casualty insurance and underwriting techniques, including knowledge of occupational classification codes, loss ratios, claims histories, retention plans, scheduled credits, and other methods of acquiring and retaining favorable workers compensation business

Preferred

Progress towards, or completion of, industry-recognized professional designations (i.e., CIC, AU, CPCU)

Experience with alternative market/specialty programs

Company

AF - Group

AF Group is a nationally recognized holding company whose affiliated insurance companies are premier providers of specialty insurance solutions offered through independent agents nationwide.

Founded in 1912

Lansing, Michigan, USA

1001-5000 employees