Product Manager II or III or Senior - Commercial Lines

1.
Summary:
This position is responsible for developing and managing products that support corporate growth and profitability initiatives. This position is responsible for reviewing materials, analyzing data, providing recommendations and supporting implementation of product initiatives. This position must operate with greater autonomy and authority than the prior job in the series.
2.
Functions:
a.
Stay current with the market to understand key trends impacting markets, customers, products, services, and operational processes.
b.
Maintain awareness of regulatory and compliance issues related to products.
c.
Serve as an in-house expert for products and functions as the internal product resource for coverage analysis, pricing, and rate filings.
d.
Based on analysis of trends and market needs, recommend and create product solutions to support corporate growth initiatives and profitability.
e.
Facilitate the conversation between Actuarial, Underwriting and Marketing to ensure product competitiveness and targeted profitability.
f.
Review product changes from rating bureaus as needed, and make recommendations for implementation.
g.
Monitor the success of product initiatives.
h.
Draft proprietary endorsements; participates in regular rate reviews.
i.
Assist in the development of materials for filings.
j.
Collaborate and build consensus to successfully lead product initiatives to a conclusion.
k.
Work with the implementation team to implement product changes.
l.
Perform other duties as assigned by the supervisor.