Product Manager, Personal Lines & Growth

The Hanover Insurance Group

Massachusetts

On-site

USD 110,000 - 140,000

Full time

30 hours ago
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Benefits offered by this job

Medical, dental, vision, life, and dis
Disability insurance
401K with company match
Tuition reimbursement
PTO
Company paid holidays
Flexible work arrangements
Cultural Awareness Day in support ofDE
On-site medical/wellness center (Worc

Job summary

The Hanover Insurance Group is seeking a Product Manager for its Personal Lines team to lead strategy, definition, and development of products and features that meet customer and agent needs.

You will collaborate cross-functionally, analyze market trends, manage vendor partnerships, and develop Power BI dashboards to track performance. A strong analytical background and knowledge of policy forms, underwriting, and pricing are required.

Qualifications

  • Bachelor’s degree required or preferred; CPCU designation is a plus.
  • 7+ years of experience in product management or related roles within Personal Lines insurance.
  • Strong knowledge of policy forms, coverages, underwriting, and pricing.
  • Market awareness of competitive conditions and regulatory guidelines across the U.S.
  • Advanced analytical skills with ability to synthesize data into actionable insights.
  • Proficiency in Excel, PowerPoint, and Power BI; familiarity with project management tools.
  • Curiosity that leads to innovation and growth mindset

Responsibilities

  • Define and drive product strategy and roadmap for assigned Personal Lines products and features.
  • Lead research and analysis of new product ideas, emerging risks, and market trends.
  • Develop policy forms and coverage language to manage risk effectively.
  • Create leadership presentations including cost-benefit analysis and ROI projections.
  • Serve as project manager on pilot programs and phased deployments.
  • Coordinate with Product Owner on rollout strategies for new launches and enhancements.
  • Develop training and promotional content with Marketing for internal and external audiences.
  • Track product performance post-launch using KPIs like feature utilization and close ratio.
  • Collaborate with Pricing and Underwriting to ensure competitiveness and profitability.
  • Identify improvements to maximize profitability and customer satisfaction.
  • Maintain competitor product comparisons and identify gaps and opportunities.
  • Stay informed on exposures through dialogue with Claims and Underwriting; monitor industry topics.
  • Manage vendor partnerships and measure performance; ensure value and proper integration.
  • Develop and maintain Power BI dashboards and queries for product reporting.
  • Conduct proactive data analysis to communicate trends and insights.
  • Design products/endorsements based on surveys and field discussions.

Skills

Analytical skills
Growth mindset

Education

Bachelor's degree desired
CPCU designation preferred

Tools

Excel
PowerPoint
Power BI

Job description

The Hanover Insurance Group is seeking a Product Manager for its Personal Lines team to lead strategy, definition, and development of products and features that meet customer and agent needs.

You will collaborate cross-functionally, analyze market trends, manage vendor partnerships, and develop Power BI dashboards to track performance. A strong analytical background and knowledge of policy forms, underwriting, and pricing are required.

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