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At Bankers, we believe in locating and developing the best talent for all tasks, from frontline contribution to executive leadership. We are currently seeking a Product Manager who will be responsible for the product planning and execution and overall profitability throughout the product lifecycle, including: gathering and prioritizing product and customer requirements, defining the product vision, and working closely with sales, marketing, underwriting and client services to ensure revenue and customer satisfaction goals are met.
The Product Manager's job also includes:
Defines the product strategy/road map for assigned insurance and service program products and communicates the strategy/road map to the organization.
Responsible for overall product performance relative to established growth, profit and return on equity targets, as well as presentation to senior management on key indicators, metrics, and drivers in the attainment of business goals.
Acts as a knowledge expert within the company on industry trends related to assigned products and educates the organization on best practices in the market, making recommendations on product design, price and development efforts.
Directs the underwriting of all insurance products including coverage, rates, and state filings and for assigned insurance and service program products.
Develops effective training programs and educates and equips the sales force, agency manager and client services on product features, benefits and competitive products.
Helps establish and maintain consistent corporate image throughout product lines, vendor management, promotional materials, and events.
Adheres to the industry regulatory and compliance guidelines in all actions.
Helps to define effective distribution channels/Agent Management.
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Bachelor’s Degree or equivalent with a minimum of three to five years of business or analytical experience; or equivalent combination of education and experience. Willingness to actively pursue insurance designations, such as CPCU, is also a consideration.
General understanding and/or demonstrated ability to effectively manage all phases of insurance product portfolio.
Aptitude and/or utilization of analytics and business intelligence of competitive products.
Ability to train internal and external stakeholders on key product benefits and features.
Microsoft Excel proficiency and working knowledge of Microsoft Office suite of products.
The ability to work and thrive in a fast-paced, team-oriented, highly competitive environment.
Strong presentation, organizational, interpersonal communication, and analytical skills required
Knowledge of the insurance industry is a plus
**Travel requirement: 20%
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