[Remote] Product Manager - Workers Compensation
Note: The job is a remote job and is open to candidates in USA. American Family Insurance is seeking a Product Manager for their Workers Compensation Product. The role involves managing product performance, conducting market analysis, and implementing strategies to improve profitability and customer experience.ResponsibilitiesOversee development of specific strategies related to price, product and underwriting. Execute and deliver product initiatives that lead to profitability and growthCollaborate with subject matter experts and other company leaders to implement changes that enhance the customer experienceResearch the competition to develop opportunity and threat assessmentsLead with a continuous improvement approachDevelop and maintain strong technical expertise and knowledge within the product management teamOversee research and insights gathering and analysis including competitive intelligence, customer empathy, strong understanding of pricing models and analysis, and innovation methodology working closely with product development teamsEnsure overall compliance and financial viabilityIdentify and develop expansion strategy in partnership with appropriate distribution partners to increase exposure of product to appropriate new markets in partnership with product development team membersLead line analysis as needed as prioritized by line lead to inform line performance, strategy and line level initiativesPrimary contact with Product Development within assigned LOBDevelop Line InitiativesOwn line product guides and UW guidelinesDevelop Line Communications as directed from Sr. Manager - ProductComplete analysis for line business reviewsComplete line P&G initiative analysisPrimary contact with claims for Work Comp line of businessPrimary contact with UW support teams for Work CompSkillsDemonstrated experience providing customer-driven solutions, support, or serviceDemonstrated experience developing insurance product/line of business strategiesExtensive knowledge of leveraging customer, market, and competitor intelligenceExtensive knowledge and experience with lean innovation, agile or other development/innovation approachesExtensive knowledge of market research and marketplace and regulatory trendsExtensive knowledge and understanding of product design, pricing and product managementSolid knowledge and understanding of advanced financial and data analysis techniquesDemonstrated experience leading projects in product development and product managementDemonstrated experience with profit and loss accountabilityPrevious workers compensation experience in the insurance industry is strongly desiredBenefitsRelocation support is offered for eligible candidates.Comprehensive medical, dental, vision and wellbeing benefitsCompetitive 401(k) contributionA pension planAn annual incentive9 paid holidaysA paid time off program (23 days accrued annually for full-time employees)Student loan repayment programPaid-family leaveCompany OverviewFor more than 90 years, American Family Insurance has built its reputation on sound principles. It was founded in 2013, and is headquartered in Madison, Wisconsin, USA, with a workforce of 10001+ employees. Its website is http://amfamventures.com/.