Plymouth Rock Assurance
Associate Product Manager
- Woodbridge Township, New Jersey
- Onsite
- full time
- $110k–$153k/year
- Posted today
Free account required to apply. No card, and you keep 5 new roles a day for free.
About the role
Â
The Nonstandard Associate Product Manager leads the ideation and development of
products and features with goals of improving pricing, competitive position and
ease of doing business for Plymouth Rock’s personal lines products sold in the
assigned market(s) for the Direct division, with particular focus on Nonstandard
business. This person is responsible for creating and developing favorable
business outcomes through the analysis of complex issues, and for providing
recommendations for the implementation of new rating plans, improvements in the
telematics program, new underwriting rules, process improvements, and other
initiatives to support profitable growth and improve competitive position of
Nonstandard business.
Â
RESPONSIBILITIES
* Responsible for the advancing the Nonstandard business sold in the Direct
division across all regions, including identifying opportunity areas in our
pricing, product offering and telematics program and developing product
changes to enhance them.
* Support the business to achieve budgeted growth and profitability business
results.
* Effectively manage projects of high complexity using available tools and data
systems to identify, test and solve strategic business issues within the
company data/reports, troubleshoot when there are inconsistencies and present
findings to upper management.
* Understand predictive modeling and other quantitative concepts and serve as a
liaison between the Data Science and State Management teams; being a resource
in interpreting these concepts for business application.
* Collaborate with third party vendors to achieve company goals more
effectively and cost efficiently.
* Seek out new ideas and approaches to business issues and develop hypotheses
independently.
* Constructively challenge current processes and proposed solutions to obtain
the best outcome.
* Interface with other departments to strategically address their needs as they
relate to the product.Â
* Review documentation, interpret rules, and coordinate activities with
marketing, customer service, underwriting, finance, and information
technology.
* Understand the competitive, legislative, and regulatory environments in all
regions to identify emerging threats to our objectives and recommend plans
for responding.
* Serve as a mentor to other team members on aspects of project work, insurance
and general business knowledge.
* Serve as a Product representative in meetings with other departments as
needed.
* Perform other job-related duties as assigned.
Â
QUALIFICATIONS
* Master’s degree or higher is preferred.
* 5 or more years in product management, actuarial, or other analytical role.
* 5 or more years of experience with relational database tools and concepts.
* A minimum of 3 years of experience in a non-standard or broad market auto
insurance environment is required.
* Ability to utilize quantitative approaches to generate sound business
analyses with detail orientation. Identify results out of the norm, draw
conclusions and articulate findings.
* Confidence in taking ownership of challenging business issues, making
decisions with limited or incomplete data and seeing issues through to
resolution.
* Experience developing and implementing new, creative and effective solutions
to highly complex business issues.
* Understanding of and experience within the insurance industry is required.
* Skilled in linking multiple data sources into a logical format for analysis.
* Experience managing relationships with upper management and with technical
developers.
* Excellent project management and problem-solving skills.
* Ability to communicate effectively to both technical and non-technical
audiences.
* MS-SQL (or related software) skill preferred.
Â
SALARY RANGE
The pay range for this position is $110,000 to $152,500 annually. Actual
compensation will vary based on multiple factors, including employee knowledge
and experience, role scope, business needs, geographical location, and internal
equity.
Â
PERKS & BENEFITS
* 4 weeks accrued paid time off, 8 paid national holidays per year, and 2
floating holidays
* Low cost and excellent coverage health insurance options that start on Day 1
(medical, dental, vision)
* Annual 401(k) Employer Contribution
* Free onsite gym and health center at our Woodbridge Location
* Resources to promote Professional Development (LinkedIn Learning and
licensure assistance)
* Robust health and wellness program and fitness reimbursements
* Various Paid Family leave options including Paid Parental Leave
* Tuition ReimbursementÂ
Â
ABOUT THE COMPANY
The Plymouth Rock Company and its affiliated group of companies write and manage
over $2 billion in personal and commercial auto and homeowner’s insurance
throughout the Northeast and mid-Atlantic, where we have built an unparalleled
reputation for service. We continuously invest in technology, our employees
thrive in our empowering environment, and our customers are among the most loyal
in the industry. The Plymouth Rock group of companies employs more than 1,900
people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance
Corporation holds an A.M. Best rating of “A-/Excellent”.
Â
#LI-DNI
#WBASPR
Skills
- Product Management
- Relational Database Tools
- Quantitative Analysis
- Project Management
- MS-SQL
- Predictive Modeling
- Underwriting Rules
- Insurance Product Development
- Stakeholder Management
- Problem Solving
- Data Analysis
- Telematics
Other PM roles hiring now
- Product Owner (Expert Product Manager)New Moon Production · Hamburg, Oregon
- Group Product Manager, Cloud Business IntelligenceGoogle · Kirkland, Washington
- Senior Product Manager, Ordering, Entitlements and ObligationsGoogle · Sunnyvale, California
- Product ManagerGood Sportsman Marketing LLC · Irving, Texas
- Sr. Product Manager - AI Infrastructure and SolutionsAdvanced Micro Devices, Inc · Austin, Texas
- Securities-Based Lending Product ManagerFarmers and Merchants Bank of Long Beach · Lakewood, California