Product Manager Commercial Automobile
IAT Insurance Group
 Alpharetta, GA

Requisition Number: PRODU01545

IAT has an immediate opening for a Commercial Automobile Product Manager to be responsible for maintaining product currency for existing products, the profitability of assigned lines of business and for the development and implementation of new products. Will participate in the rate review process and the development of new products, services, and maintains the profitability and growth for various states.

The ideal candidate will have experience functioning as the coverage expert for New and Used Car Dealers through our DealerPack Business Unit. In addition, the candidate should have a working knowledge of Commercial Automobile and be able to assist in maintaining the product currency for our Transportation business units as well. The candidate will collaborate with business units on new product development that includes changes to existing forms, make recommendations on improving underwriting performance and complete filing packages for delivery to regulatory in a timely manner in order to meet implementation timeframes from one of three IAT locations – Scottsdale, AZ, Cheshire, CT, Rolling Meadows, IL, Overland Park, KC, Raleigh, NC, or Omaha, NE.

Responsibilities:

  • Work closely with business leaders to keep their product suite current (rates, rules and forms)
  • Work to maintain adequate base rates.
  • Work with compliance to ensure all rates, rules, and forms are up to date and filed with the State Insurance department as required.
  • Evaluates ISO changes understand the impact on IAT and communicate the impact of ISO changes to appropriate areas of the organization.
  • Collaborates with appropriate business leaders to define strategy in response to ISO changes.
  • Works collaboratively with IT and Regulatory to effectively implement agreed-upon changes.
  • Maintains forms library, rates and rating manuals for use by business units.
  • Understands drivers of line performance/profitability.
  • Collaborates with the claim product line leads to understanding claim issues and trends.
  • Collaborates with Actuarial on base rate needs by the line of business. Leads the coordination of base rate management decision-making processes across the organization.
  • Collaborates with business units on an appropriate line strategy based on the profitability of the line.
  • Utilizes industry services such as A.M Best, Conning, etc. to monitor industry dynamics and trends.
  • Collaborates with business units on new product development and implements the new product.
  • Perform other duties as needed

Qualifications:

  • Bachelor’s degree in actuarial science, business administration, communications, economics, finance, liberal arts (with business focus), management, marketing, risk management, or sales or a related field or equivalent experience.
  • Equivalent experience is defined as a minimum of 5 years of commercial product management experience.
  • Must have at least 5 years of Underwriting experience.
  • Must have at least 5 years of Commercial Automobile experience, preferably in the Auto Dealer Coverages.
  • CPCU, ARM, or AU industry designations preferred.
  • Good knowledge of how coverage applies to the insurance products we sell.
  • Good knowledge of actuarial concepts and pricing approaches.
  • Solid knowledge of management information used throughout the organization.
  • Good project management skills.
  • Good verbal and written communication skills.
  • Good presentation skills.
  • Strong analytical skills.
  • Ability to influence cross-functional teams without formal authority. Ability to problem solve and make recommendations.
  • To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and we participate in E-Verify.

IAT has an immediate opening for a Commercial Automobile Product Manager to be responsible for maintaining product currency for existing products, the profitability of assigned lines of business and for the development and implementation of new products. Will participate in the rate review process and the development of new products, services, and maintains the profitability and growth for various states.

The ideal candidate will have experience functioning as the coverage expert for New and Used Car Dealers through our DealerPack Business Unit. In addition, the candidate should have a working knowledge of Commercial Automobile and be able to assist in maintaining the product currency for our Transportation business units as well. The candidate will collaborate with business units on new product development that includes changes to existing forms, make recommendations on improving underwriting performance and complete filing packages for delivery to regulatory in a timely manner in order to meet implementation timeframes from one of three IAT locations – Scottsdale, AZ, Cheshire, CT, Rolling Meadows, IL, Overland Park, KC, Raleigh, NC, or Omaha, NE.

Responsibilities:

  • Work closely with business leaders to keep their product suite current (rates, rules and forms)
  • Work to maintain adequate base rates.
  • Work with compliance to ensure all rates, rules, and forms are up to date and filed with the State Insurance department as required.
  • Evaluates ISO changes understand the impact on IAT and communicate the impact of ISO changes to appropriate areas of the organization.
  • Collaborates with appropriate business leaders to define strategy in response to ISO changes.
  • Works collaboratively with IT and Regulatory to effectively implement agreed-upon changes.
  • Maintains forms library, rates and rating manuals for use by business units.
  • Understands drivers of line performance/profitability.
  • Collaborates with the claim product line leads to understanding claim issues and trends.
  • Collaborates with Actuarial on base rate needs by the line of business. Leads the coordination of base rate management decision-making processes across the organization.
  • Collaborates with business units on an appropriate line strategy based on the profitability of the line.
  • Utilizes industry services such as A.M Best, Conning, etc. to monitor industry dynamics and trends.
  • Collaborates with business units on new product development and implements the new product.
  • Perform other duties as needed

Qualifications:

  • Bachelor’s degree in actuarial science, business administration, communications, economics, finance, liberal arts (with business focus), management, marketing, risk management, or sales or a related field or equivalent experience.
  • Equivalent experience is defined as a minimum of 5 years of commercial product management experience.
  • Must have at least 5 years of Underwriting experience.
  • Must have at least 5 years of Commercial Automobile experience, preferably in the Auto Dealer Coverages.
  • CPCU, ARM, or AU industry designations preferred.
  • Good knowledge of how coverage applies to the insurance products we sell.
  • Good knowledge of actuarial concepts and pricing approaches.
  • Solid knowledge of management information used throughout the organization.
  • Good project management skills.
  • Good verbal and written communication skills.
  • Good presentation skills.
  • Strong analytical skills.
  • Ability to influence cross-functional teams without formal authority. Ability to problem solve and make recommendations.
  • To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and we participate in E-Verify.

To be formally considered one must apply online through the IAT Career Site.

Applicants should monitor their email for status updates and or requests.

IAT Recruiter:

Steve Morley | Senior Recruiter

steve.morley@iatinsurance.com

Connect | www.linkedin.com/in/stevemorley916

If you click APPLY and the link does not work go to www.iatinsurancegroup.com/careers and search for the opening.

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