Product Manager, Professional Lines

We are Hiring!Product Manager, Professional LinesLocation: RemoteThe Details:The Product Manager is responsible for overseeing the bottom-line profit and loss primarily for the Professional liability lines in conjunction with other key stakeholders. The Product Manager develops action plans that support strategic direction for these products.  You will actively participate in the analysis, development, maintenance, and implementation of products and programs, including pricing, procedures, research, and policy forms to support Product Management leadership with the continued development of profitable growth. You will work closely with key stakeholders to support growth and profitability through the entire product lifecycle. What will you do:Analyze, evaluate, and develop recommendations and conclusions to influence profitability for multiple professional liability products in multiple statesExecute and help design monitoring plans for new products and changes to existing productsEnsure overall goals for production and underwriting profitability are met by analyzing key performance metrics such as premium growth, average rate levels, loss experience, and retentionInitiate product strategies based on analysis of data with input from internal stakeholders, i.e. Actuarial, Claims, Marketing, Underwriting, etc.Understanding of the property and casualty insurance industry landscape, market trends, and customer and business need to synthesize insights into key product improvements and deliverablesWork closely with Business Analysts to ensure proper execution of business requirements for assigned product lines, including new product launches, rate changes, and product enhancementsCoach, develop, and mentor Product Analysts. May have direct people management responsibility. Demonstrate accuracy, thoroughness, and attention to detail at all times; look for ways to improve and promote quality; apply feedback to improve performance; monitor own work to ensure quality.Display original thinking and creativity while meeting challenges with resourcefulness; generate suggestions for improving work; utilize innovative approaches and ideasExhibit excellent communication skills and build strong relationships. Presents ideas and information in a manner that gets others' attention.Pursue training and development opportunities; strive to continuously build knowledge and skills; share expertise with others.Volunteer readily and undertake self-development activities; seek increased responsibilities and take ownership of tasks at hand; take independent actions and calculated risks; take advantage of opportunities but asks for and offers help when needed.What we are looking for:Bachelor’s Degree in Actuarial Science, Business Management, Economics, Finance, Mathematics, or another analytics related fieldMinimum 5-7 years of relevant professional experience including previous working experience as a Product Manager or Jr/Asst Product Manager in Property and Casualty Insurance.Experience working with Commercial professional liability products required.Prior experience managing direct support staff preferred. Exhibits management and leadership skills.Solid understanding of regulatory filings and actuarial pricing/ratemaking techniquesStrong understanding of insurance rates, rules and formsStrong problem solving, communication, and analytical skillsOutstanding written/verbal communication, presentation.Highly organized, detail oriented, self-motivated, and be a self-starter in a fast-paced environment with demanding internal and external deadlinesExcellent time management skills, with strong ability to juggle multiple prioritiesProven ability to deliver quality results in a rigorous and dynamic business environment.Proficient in MS Excel.  Power BI experience preferred. SQL or other programming experience with databases preferred.We love people who want to: Build strong relationships through transparency, trust, and respect for each other.Work in an agile environment, with a resilient mindset to find creative solutions to challenges.Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.Do the right thing with strong conviction and integrity.Be bold and innovative to help make an impact.Demonstrable track record of working autonomously and driving progressBe intellectually curious, think creatively, and pragmatic If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar! What will you get in return?Full Suite of Medical Benefits Long Term Financial Incentives – STOCK! 401k with 3.5% Automatic Fully Vested Employer Contributions Competitive PTO + Holiday ProgramLifestyle Spending AllowanceProfessional Development Assistance  Career Exploration OpportunitiesRegular company-wide social events (even virtually!)To learn more visit us at www.plmr.com Diversity at PalomarAt Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.  Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them #PalomarPride #Insurancejobs #hiring Accommodations:Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.No phone calls or agency solicitation please CCPA Job Applicant: Pay Range: $112,000 - $163,000 The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above