Product Manager (Auto Insurance)

Bristol West Insurance Group is part of Farmers Insurance Group!  The Product Manager position is responsible for leading the effort to create, design, and price products for non-standard auto insurance for assigned states, as well as working with others in the organization and implementing products to meet growth and profitability targets.   Responsibilities include:· Develop state strategies for the Company.· Maintain expert-level knowledge of state market, regulatory environment, legal environment, coverages, forms, and underwriting.· Create products targeted to desired customer segments, groups, or markets.· Lead the decision-making process for evaluation of new ideas and pricing positions.· Complete analysis of competitor pricing, product features, and service levels.· Manage the analysis of business including customer profiles and characteristics.· Provide product training throughout the organization.· Continually monitor competitors and industry trends to successfully compete in the market.· Define and develop target markets and work with Marketing to implement.· Work with Underwriting and processing to ensure compliance with guides and to monitor business.· Interact with Actuarial and Claims departments to understand results and incorporate changes in pricing and product models.· Maintain knowledge of insurance sales process and associated tools used by agents and Company personnel to complete the sales transaction.· Perform other duties as assigned. Qualified candidate will have: Education· MBA or other advanced qualification preferred. Experience & Skills· 5-10 years experience in the auto insurance industry, with a minimum of 3 years in a pricing/product development role.· Knowledge of insurance company operations including processing, Underwriting, Claims, Finance, Actuarial, Marketing, and Systems.· Strong analytical and quantitative skills.  Must be demonstrated through college course work, prior work experience, or insurance industry study.· Experience in pricing, product development, competitive analysis and marketing.· Track record demonstrating creativity in pricing or product development.· Non-standard auto experience is a plus.· Strong critical thinking and problem solving skills.· Ability to review complex issues and develop solutions.· Flexibility to balance all sides in an issue before making a decision.· Creative, innovative, fresh approaches to work.· Must possess initiative and ability to be self-starter.· Ability to make decisions using input from all members of the team.· Must work well with others and be able to build commitment to decisions.· Good working knowledge of Microsoft Excel and Access.· Excellent verbal and written communication skills and the ability to present ideas in a clear   manner to various groups. Bristol West's continued success is a reflection of our company's outlook combined with our employee's hard work and dedication. We strive to create a balanced work environment for each of our valued employees, which include offering competitive pay, variety of benefits, training, casual attire and a commitment to community involvement. Company: Bristol West Insurance Group Location: Independence, OH 44131 Status: Full Time, Employee Job Category: Marketing/Product Experience: 2+ to 5 Years Career Level: Manager (Manager/Supervisor of Staff) Education: Master's Degree Email: Apply by Email Click Here To See Our Benefits