Personal Lines Product Manager

Evolving Solution Services; Oak Brook (IL); On-site; USD 125,000 - 155,000; Full time

Job summary

Falcon Insurance Group, a property and casualty insurer, is seeking a Personal Lines Product Manager to lead state-level product strategy for profitability and growth in Illinois. You will identify pricing and coverage improvements while collaborating with marketing and regulatory teams.

The role demands strong analytical and communication skills, with a background in automobile insurance and the ability to drive filings, product revisions, and launches across expansion states.

Qualifications

• 5+ years of relevant automobile insurance product experience.
• Superior analytical, quantitative, and problem-solving skills with ability to deal with ambiguity and identify solutions.
• Excellent communication, presentation, persuasion, and planning skills.

Responsibilities

• Develop and drive product strategy at a state level to meet profitability and growth objectives for assigned states.
• Identify and implement product pricing and coverage enhancements to improve competitiveness and profitability.
• Analyze and evaluate monthly and/or quarterly results to identify opportunities of need/growth and develop action plans to impact future performance.
• Work closely with Marketing to assess the competitive landscape and key agency performance.
• Implement a comprehensive approach to product revisions by integrating and analyzing data from multiple systems and conducting analyses to identify opportunities to maximize profit and growth.
• Manage the creation of rate, rule, and form filings and take ownership of the regulatory process to ensure approval.
• Lead a cross functional team to successfully develop and launch a non-standard automobile insurance product in expansion states.

Skills

Analytical skills

Quantitative skills

Communication skills

Presentation skills

Planning skills

Problem-solving

Education

Bachelor’s degree in an analytical field

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Personal Lines Product Manager

Full Time Professional Oak Brook, IL, US

4 days ago Requisition ID: 1007

Salary Range: $125,000.00 To $155,000.00 Annually

About Falcon

At Falcon Insurance Group, we prioritize meaningful careers! Falcon is a property and casualty insurance company specializing in non‐ standard automobile insurance and related products and services. Falcon is a growing company who currently write in Texas, Illinois, Oklahoma, Indiana, Arizona, Utah, and Colorado with high expansion expectations. Falcon is led by a strong management team with over 75 years of non‐standard automobile insurance experience.

What’s in it for you?

We offer competitive benefits, 401(k) match, flexible schedule, referral bonus, paid time-off (PTO), and pay with a potential for an annual financial bonus based on both individual and company performance. Hybrid and remote work options available to highly qualified applicants. Our employees have the opportunity to participate in volunteer events, company outings, summer happy hours, and holiday events! We offer programs to assist with paid training and licensing, professional learning development, wellness incentives, and so much more!

At Falcon, it’s not the company that makes the people; it’s the people that make the company. Visit our Careers page for more information on our benefits, locations and to learn how to join our growing team!

Responsibilities

• Develop and drive product strategy at a state level to meet profitability and growth objectives for assigned states.
• Identify and implement product pricing and coverage enhancements to improve competitiveness and profitability.
• Analyze and evaluate monthly and/or quarterly results to identify opportunities of need/growth and develop action plans to impact future performance.
• Work closely with Marketing to assess the competitive landscape and key agency performance.
• Implement a comprehensive approach to product revisions by integrating and analyzing data from multiple systems and conducting analyses to identify opportunities to maximize profit and growth.
• Manage the creation of rate, rule, and form filings and take ownership of the regulatory process to ensure approval.
• Lead a cross functional team to successfully develop and launch a non-standard automobile insurance product in expansion states.

Qualifications

• 5+ years of relevant automobile insurance product experience.
• Bachelor’s degree, ideally in an analytical field of study.
• Proven history of taking initiative and driving projects to completion with minimal guidance.
• Superior analytical, quantitative, and problem-solving skills with ability to deal with ambiguity and identify solutions.
• Excellent communication, presentation, persuasion, and planning skills.