Senior Personal Lines Product & Pricing Lead

Penn National Insurance in; Harrisburg (Dauphin County); Hybrid; USD 90,000 - 125,000; Full time

Job summary

Penn National Insurance in Harrisburg, PA seeks a Senior Personal Lines Product Manager to evaluate, develop, price, implement and maintain Personal Lines programs for profitability. The hybrid role supports duties in pricing, underwriting and market strategy across states.

The role requires a strong background in pricing, analytics and regulatory coordination, with a focus on profitable portfolio management and innovative coverage offerings.

Qualifications

• Bachelor's degree in mathematics, statistics, economics or finance preferred.
• CPCU designation preferred.

Responsibilities

• Provides technical support and develops best practices related to products and programs.
• Audits field underwriting performance.
• Participates in the strategic direction of the division including the development of new products and services.
• Utilizes predictive modeling analyses to improve product pricing and reduce rate subsidization to support production and profitability goals.
• Serves as liaison to regulatory bodies for changes to state regulations by rate bureaus/regulatory bodies and vendors for implementation/revision of new products and services.
• Develops best practices, maintains documented best practices and provides direction to underwriting and field teams regarding emerging issues and coverage response.
• Manages assigned vendor relationships including periodic contacts, contract review and renewals, performance of the service provided and cost/benefit analysis.
• Provides technical support for products, programs and pricing develops trends and project problems.
• Manages the services and terms of assigned vendor relationships
• Monitors performance of assigned states, loss ratios, demographics, market and industry trends, legislative and regulatory activities etc. to anticipate problems and proactively design corrective actions to address profitability issues and develop innovative resolutions to enhance products, profitability and goals.
• Continuously refines product strategy through the timely creation of new and improved coverage offerings, underwriting guidelines, and pricing that ensure Personal Lines Product Portfolios remain competitive in marketplace for their assigned states to support production and profitability goals.
• Continue to ensure that Personal Lines Product Portfolios (coverage, underwriting, and pricing) remain in compliance with new laws, bulletins, and bureau mandates for their assigned states.
• Coordinates the rate review process for assigned states to ensure timely implementation of rate changes that reflect personal lines strategic direction to support production and profitability goals.
• Prepare communication to agencies and internal staff regarding product changes.
• Performs thorough competitive analyses to identify and implement new pricing opportunities that support production and profitability goals.

Skills

Business acumen

Negotiation

Decision making

Time management

Results oriented

Education

Bachelor's degree in mathematics, Statistics, Economics, or Finance

CPCU designation preferred

Tools

Excel

Access

Comparative Rater software

Data Visualization Tools

Job description

Penn National Insurance in Harrisburg, PA seeks a Senior Personal Lines Product Manager to evaluate, develop, price, implement and maintain Personal Lines programs for profitability. The hybrid role supports duties in pricing, underwriting and market strategy across states.

The role requires a strong background in pricing, analytics and regulatory coordination, with a focus on profitable portfolio management and innovative coverage offerings.