At American Family Insurance, we believe people are an organization’s most valuable asset, and their ideas and experiences matter. From our CEO to our agency force, we’re committed to growing a diverse and inclusive culture that empowers innovation that will inspire, protect, and restore our customers’ dreams in ways never imagined.

American Family Insurance is driven by our customers and employees. That’s why we provide more than just a job – we provide opportunity. Whether you’re already part of our team in search of a new challenge or new to our company and ready for what’s next, you’re in the right place. Every dream is a journey that starts with a single step. Start your journey right here. Join our team. Bring your dreams.

Job ID:

R30251 Product Manager - Commercial Lines (Hybrid) (Open)

Compensation may vary based on the job level and your geographic work location.

Compensation Minimum:$ 111,200 Annual

Compensation Maximum:$ 194,900 Annual

Summary:

Supports development of new or enhanced insurance products, services and customer innovations for the Business-owners line serving Commercial Habitation customers. Utilizes market research data to identify, analyze, and evaluate markets, products, or services that are potential areas for the company to enter. Prepares or modifies contract language, develops initial underwriting guidelines and standards and oversees development of predictive analytics including pricing models and other predictive models. Accountable for product premium volume growth and profitability. Analyzes data and information to recommend actions to improve profitability. Will manage relationship of every aspect of product through interaction with relevant departments.

Will hire at the Senior level with proper qualifications.

Job Description:

Primary Accountabilities

• Leads the launch, positioning and execution of new products and product changes.
• Will have P&L accountability for assigned geographic area.
• Develops and communicates performance indicators with accountability for driving desired profit and growth results. Develops appropriate metrics to measure success of initiatives.
• Completes root cause analysis in a timely manner to address business performance gaps.
• Develops and communicates the impact on solutions upon future business results (e.g., able to project the impact of actions/initiatives).
• Manages cross-functional rate revision processes across the book of business.
• Identifies growth opportunities through zone or territory alignment and product changes.
• Provides expert analysis of risk management and financial results for sales management and other business partners.
• Responsible for end-to-end development and deployment of Pricing, Filing, and Product strategies
• Strategically plans/schedules rate reviews and major projects.
• Develop rate review proposals for assigned states and work with regulators to get them approved.

This position is a hybrid role that involves working a minimum of 10 days per month in the office. We know flexibility is important to our employees and their families, and we will continue to offer flexibility in this flex office/home role. This approach will guide us in balancing the needs of the business, customers and our employees. Internal candidates are encouraged to apply regardless of location.

Preferred locations for this role include:

Madison, WI; Chicago, IL; Boston, MA; Minneapolis, MN; Denver, CO; Phoenix, AZ; Nashville, TN; Atlanta, GA; Seattle, WA; Las Vegas, NV; St. Joseph, MO; Kansas City, MO; St. Louis, MO; Green Bay, WI; Milwaukee, WI; Akron, OH; Keene, NH; Jacksonville, FL

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Travel Requirements

• Up to 10% of the time.

Specialized Knowledge & Skills Requirements

• Demonstrated experience providing customer-driven solutions, support or service.
• Demonstrated experience in driving to results in one or more of the following areas: sales, product lines, claims, or other core business functions.
• Demonstrated experience leading or contributing to management of business plans providing significant P&L benefit.
• Demonstrated experience managing and leading large complex projects or programs with a cross-divisional impact toward intended results.
• Knowledge and understanding of financial management concepts and the impact on product strategies.
• Knowledge and understanding of state business planning and the impact to top and bottom line results.

Additional Job Information:

• Will hire at Senior level with proper qualifications.
• Offer to selected candidate will be made contingent on the results of applicable background checks.
• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
• Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position.

When you work at American Family you can expect benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, and a paid-time off program. In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Enterprise benefits.

We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

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