Product Specialist / Assistant Product Manager

Berkshire Hathaway GUARD Insurance Companies; Philadelphia (Philadelphia County); Hybrid; USD 80,000 - 120,000; Full time

Job summary

Berkshire Hathaway GUARD Insurance Companies is seeking motivated professionals for Product Specialist and Assistant Product Manager roles. Located in various offices including Philadelphia, candidates will enhance product strategies in a collaborative environment, requiring a strong foundation in commercial product knowledge and analytical skills. Join an A+ rated insurer focused on empowering team members and delivering exceptional service.

Benefits

Competitive compensation

Healthcare benefits from the first day

401K retirement plan with company match

Generous paid time off and holidays

Parental and bonding leave

Tuition reimbursement after 6 months

Opportunities for continued training and career advancement

Qualifications

• 5+ years of Commercial Product or Underwriting experience required.
• Knowledge of industry trends and compliance processes essential.
• Ability to work in a matrixed environment and collaborate across departments.

Responsibilities

• Provide strategic input on product strategies for commercial lines.
• Collaborate with training and marketing to create support materials.
• Conduct competitor intelligence research and maintain underwriting guidelines.

Skills

Product Management

Underwriting

Strategic Analysis

Problem Solving

Communication

Education

Bachelor's degree in Risk Management, Business, Economics, Finance, Math, Statistics or Actuarial Sciences

Job description

Overview

Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.

Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity.We are always in search of talented individuals to join our team and embark on an exciting career path!

Benefits:

We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!

• Competitive compensation
• Healthcare benefits package that begins on first day of employment
• 401K retirement plan with company match
• Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
• Up to 6 weeks of parental and bonding leave
• Hybrid work schedule (3 days in the office, 2 days from home)
• Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
• Tuition reimbursement after 6 months of employment
• Numerous opportunities for continued training and career advancement
• And much more!

Responsibilities

Berkshire Hathaway GUARD is seeking talented and results-driven professionals to join our team as either aProduct SpecialistorAssistant Product Manager,to collaborate closely with the line of business leader, playing a pivotal role in documenting and versioning strategies. This role requires a strong ability to contribute date-driven and experience -driven ideas, actively supporting the execution of strategic initiatives.The position can be located in either Wilkes-Barre, PA, New York, NY, Philadelphia, PA, Conshohocken, PA, Parsippany, NJ or Atlanta GA.

Responsibilities:

• Leverages experience in product and/or underwriting to provide strategic input and make actionable recommendations pertaining to line of business focus, including the development of guidelines and product strategies for commercial lines (Auto, BOP, Property, Liability)
• Support portfolio analysis, accepting guidance from line of business leader on KPIsSupport the design, development and implementation of system and process solutions that align with the line of business specific strategy.
• Collaborate with training and marketing to develop communication, training, and marketing materials in support of new or enhanced products and initiatives. May require delivery of training materials or content.
• Outline post implementation monitoring and measurement mechanisms for line of business specific strategies in support of outlined success criteria.
• Collaborate with Strategic Business Analysis Unit to analyze and refine results.
• Conduct competitor intelligence research.
• Demonstrate awareness of each state’s regulatory environment and legislative rules to ensure that compliance standards are met.
• Document, maintain, and version control underwriting guidelines, strategies, and enhancements.
• Collaborate with Strategic Business Analysis Unit for the purposes of ad-hoc analysis to support strategies, guidelines, and initiatives.

Multiple positions, 1-2 per LOB

Qualifications

• Bachelor's degree preferred with concentration in Risk Management, Business, Economics, Finance, Math, Statistics or Actuarial Sciences
• 5 + years of Commercial Product or Underwriting experience.
• Must have knowledge of industry trends, state regulations, and compliance processes.
• Must be comfortable and proficient working in a matrixed environment, with stakeholders at various levels and in various departments.

The successful candidate is expected to work in one of our offices 3 days per week and also be available for travel as required.