Openlyposted 1 day ago
$115,680 - $137,370/Yr
Full-time • Mid Level

About the position

We are seeking an Insurance Product Manager to drive profitable growth and state/product expansion efforts in their assigned region. Reporting to the Director of Insurance Product Management, this highly visible role offers the opportunity to lead key insurance product management initiatives and interact with business leaders across Technology and Operations Teams. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.

Responsibilities

  • Developing and calibrating Openly’s insurance products for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models
  • Assisting with rate filings and DOI correspondence to ensure timely regulatory approval
  • Collaborating with our Technology and Operations teams to successfully implement product updates
  • Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data
  • Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Requirements

  • 3-5 years of experience in insurance product management and product development roles
  • Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
  • Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
  • A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
  • Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
  • Strong decision-making skills
  • P&C insurance experience is required, and homeowners insurance experience is a plus
  • Insurance product compliance and/or state launch experience is a plus

Benefits

  • Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
  • Competitive Salary & Equity
  • Comprehensive Medical, Dental, and Vision Plan Offerings
  • Life and disability coverage including voluntary options
  • Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
  • 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
  • Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
  • Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
  • Be Well Program - Employees receive $50 per month to use towards your overall well-being
  • Paid Volunteer Service Hours
  • Referral Program and Reward
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