The Murphius Group

Senior Commercial Lines Product Manager - Workers' Compensation Emphasis

Posted on Mar 22 Remote

Under general supervision and with independent judgment, responsible for coordinating the results of the line of business. Responsible for driving top and bottom line results while managing a portfolio of products. Supports the development and communication, in collaboration with the regions, the product, pricing and underwriting strategies. Monitors and evaluates products in assigned product line, including growth, profitability, competition and regulation. Ensures compliance with regulation. Makes recommendations for on-going product management and product development efforts while coordinating with Underwriting, Actuarial and Claims on various product initiatives regarding product design, pricing and new product development. Supports major corporate initiatives such as state expansion efforts. Contributes to marketing and sales planing with the Regions.

Job Summary

  1. Accountable for P&L results of the assigned Line of Business (LOB)
  2. Develops key strategic approach to the Line of Business (LOB) from an underwriting and product perspective
  3. Identifies product growth opportunities and creates strong business cases for product and pricing changes
  4. Leads product and segment development initiatives
  5. Monitors analyzes and evaluates state regulatory and legislative changes that may impact product performance
  6. Leads corporate initiatives such as state expansions and others as needed
  7. Provide input and recommendations regarding marketing and sales strategy, plans and materials.
  8. Performs other duties as assigned.

Required Experience

  • Bachelor's Degree from a 4-year college or university
  • P&C insurance knowledge
  • 5+ years in Insurance P&C Product Management
  • Strong research and analytical skills
  • Excellent written and verbal communication skills
  • CPCU Designation preferred
  • Experience with both Guaranteed Cost & Retrospective Rating / Loss Sensitive Business / Dividend Plans (Construction & Manufacturing account experience highly preferred)

Benefits Package

  • Industry leading healthcare plan including low deductibles compared to many industry competitors
  • Dental, vision, life insurance, long term, short term disability, AD&D, Long Term Care Program and FSA
  • 401K with match
  • Competitive Paid Time Off (PTO) Bank
  • Annual Incentive Bonus Plan
  • Home Office setup
  • Educational Assistance and Tuition Assistance
  • Retiree Healthcare Coverage

Information provided is a summary only. Detailed information is available in individual plan documents and the employee handbook. Rates and details are subject to change.