Insurance Agent providing consultations to assess client needs and recommend coverage. Involving community engagement for building a member network while achieving business goals.
About the role
- Director of Business Insurance Product Line at Farmers leading strategy development and execution for product health and profitability. Collaborating cross-functionally to deliver competitive insurance products.
Responsibilities
- Leads competitor analysis to inform product strategies.
- Evaluates models, rating variables, and market segments to recommend strategic adjustments that improve competitive positioning.
- Analyzes competitor earning reports, market positioning, and countrywide rating curves to guide product development and rate strategies.
- Leverages insights from market analysis, customer feedback, and benchmarking to drive product initiatives and pricing decisions.
- Accountable for achieving/exceeding profit and growth targets in assigned geography.
- Develops strategic vision and supporting roadmap that will profitably expand market share within assigned geography.
- Collaborates with cross-functional teams to design and implement product strategies and operating standards that facilitate profitable growth.
- Uses broad business knowledge to contribute to strategic planning for rating approaches, rating variables, and performance metrics.
- Optimizes rating structures by analyzing losses, coverage types, and industry trends.
- Performs advanced trend analyses such as retention analysis and new money trends to support product planning and inform decisions.
- Leads P&L driven projects to adjust rating factors, refine pricing models, and enhance profitability through targeted rating initiatives.
- Monitors performance and communicates product, pricing, underwriting philosophies, strategies, and financial results to internal/external partners, leadership, as well as team members.
- Tracks product performance metrics to identify trends, ensure compliance, and assess alignment with business objectives.
- Prepares reports for stakeholders and senior leadership.
- Maintains systems to monitor financial results, product outcomes, and post-project performance.
- Leverages data to deliver actionable insights and recommendations.
- Guides and supervises efforts of direct reports to execute product line strategies aligned with business objectives.
Requirements
- Minimum seven years of experience required in product line management or similar role.
- Experience in a people leader or management role preferred.
- Insurance industry experience required.
- Strong verbal communication and listening skills.
- Demonstrated written communication skills.
- Effective interpersonal skills.
- Demonstrated analytical skills.
- Strong ability to analyze data and trends to make informed decisions and recommendations.
- Proficient with all stages of product lifecycle including ideation, development, launch, and post-launch evaluation.
- Demonstrated P&L management experience.
- Demonstrated project management skills.
- Effective leadership skills.
- Proven ability to inspire and develop staff.
- Possesses strong technical aptitude.
- Proficient in Microsoft Office suite.
- Proficiency with product management tools, data analysis software, and reporting systems.
- Working knowledge of SaaS, SQL preferred.
Benefits
- Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
Job title
Job type
Experience level
Salary
Degree requirement
Tech skills
Location requirements
Insurance Sales Agent responsible for generating new business and assessing clients' coverage needs at American Family Insurance. Providing exceptional customer service and collaborating with team members to achieve sales targets.
Insurance Sales Superstar engaging with customers to provide tailored insurance solutions at American Family Insurance. Join our hybrid team to make a difference in lives while achieving sales success.
Insurance Agent meeting with client members to assess and recommend insurance coverage. Provide exceptional customer service and build client networks in a competitive environment.
Insurance Agent with Modern Woodmen helping clients assess needs and recommend coverage while providing exceptional customer service and networking to grow client base.
Personal Lines Insurance Agent managing profitable relationships at US Home and Auto. Responsibilities include identifying opportunities, processing quotes, and client education.
Licensed Medicare Insurance Agent at Silvur Insurance, providing support for Medicare services to credit union members in Michigan. Engaging in community outreach, education, and member service at a hybrid workplace.
Placement Specialist marketing property and casualty insurance programs for large market accounts. Collaborating with teams to gather data, negotiate terms, and prepare proposals for new and renewal business.
Senior Associate in Insurance providing consulting on healthcare and property insurance with strong communication skills. Requires 3+ years of experience and proficiency in Microsoft Office Suite.
Client Advisor driving business growth in a fintech leader, Acrisure, using technology and data - driven insights for client acquisition and relationship management.