Description
Duties & Responsibilities:
- Serves as a liaison with the NYSDFS preparing product filings with support analyses for loss experience and expense data. Includes product filing exhibits and responses to requests from regulators for additional data.
- Analyze information using data manipulation, correlation, and statistical analysis.
- Perform field research, including customer, distribution, competitor, insurance department and market surveys.
- Identify opportunistic market segments and produce customized product strategies to promote growth via pricing and promotional positioning.
- Responsible for project requests submitted to Project Management including detailed requirements for systems implementation relative to the support of product launches and rate changes.
- Liaison and facilitator in coordinating activities and communications with divisional partners to execute on strategic initiatives related to profitability and growth.
- Prepare internal and external product performance presentations.
- Solicit and capture input from divisional partners concerning performance of product line and how best to optimize opportunities and most effectively execute the implementation.
- Supports the development of proposals for corporate-level strategic profit and growth plans and associated action plans
- Identify and lead negotiations with vendor partners including implementation. Engage key divisional stakeholders throughout the process to ensure efficient workflows, data capture, transfer of information and premiums, etc. as necessary.
- Make effective decisions in LOB product development and oversight.
- Provide insight in the annual planning process, evaluating team priorities and capacity.
- Provide support and guidance to team members in terms of project workloads, issue resolution, best practices, individual growth and development and job performance.
- Mentor and lead by setting clear goals and expectations and providing regular feedback (positive and negative) to direct reports as appropriate.
- Responsible for evaluation of team members and providing input on hiring, firing and salary adjustment decisions.
- Motivate, empower, and encourage team members to challenge and better themselves.
- Provide appropriate, timely recognition to team members when milestone tasks are completed, or goals are met.
- Collaborate with supervisor and management team to foster inter-team cooperation, create a culture of trust and empowerment, and develop plans/activities to build/strengthen team unity.
- Attend annual seminars to keep abreast of marketplace trends and updates.
- Continuously focus on ways to improve leadership and supervisory skills.
- Focus on expanding knowledge of other business units within the organization and the interdependent role they play in developing our products.
- Explore innovative ways to enhance performance for the LOB.
Qualifications/Skills:
- Ability to effectively communicate with agents, regulators, agency groups, partner departments, and to senior leadership in the organization.
- Technical insurance pricing expertise, with the ability to make effective business decision incorporating multiple viewpoints.
- Good understanding of complex, data intensive and highly scalable decision support applications.
- Strong knowledge of business processes and analytical support systems.
- Strong computer skills including MS Office with demonstrated skills in Power Point and Excel including the ability to create, manipulate and formulate spreadsheets.
- Self-starter, ability to work well both individually and as part of a team.
- Strong written and verbal communication skills.
- Strong business acumen with proficiency in application development and data warehousing.
- Innovative thinker with creative problem-solving skills.
- Strong analytical skills with ability to draw insight from large amounts of data.
- Strong ability to establish and build effective relationships within and outside the organization.
- Effective leadership abilities.
- Very adaptable and excels in a stressful, high demand role where priorities can change frequently and must be managed simultaneously.
Market Range: 14 / 40 hours - Exempt / Hybrid - 3 Days in Office
Salary Range: $84,200 - $140,300
Accepting applications through: 1/29/26
Requirements
Requirements:
Bachelor’s degree with an emphasis in Finance, Mathematics, Accounting, Economics, or Statistics.
3+ years of Product Management, Underwriting, Marketing or Claims experience.
2+ years of insurance analysis experience.
A working knowledge of both pricing and underwriting practices with a deep expertise in at least one.