Job Description:
RESPONSIBILITIES:
Summary:
We're seeking a skilled Product Development Manager with a solid background in insurance product management to shape and enhance our product line offerings. In this role, you will collaborate with business leaders to define product strategies, lead implementation of updates, and provide expert guidance across teams. This is an exempt role, reporting to the Director of Product Management.
Responsibilities:
- Develop and refine product line strategies in alignment with complementary business areas
- Oversee the execution of product updates, including adjustments to rating algorithms, policy terms, and both back-end and front-end systems
- Serve as the go-to expert for assigned product lines, maintaining comprehensive knowledge of features and benefits, and offering expertise to both internal teams and external stakeholders
- Perform research and analysis on legal issues, competitor products, market demands, and emerging trends to ensure product competitiveness and compliance
- Guide a team of product analysts, fostering technical excellence and high morale
- Manage rate, form, and rule regulatory filings, ensuring productive relationships with regulatory bodies
- Communicate product modifications across departments and support product training initiatives
- Design and update product and procedure documentation
- Establish and maintain positive working relationships with other departments to facilitate cohesive collaboration
REQUIREMENTS:
- Bachelor's degree is required; CPCU designation is preferred
- Minimum of five years in insurance product management, product development, or underwriting
- In-depth knowledge of commercial property and liability insurance coverage, endorsements, manuals, and pricing frameworks
- Ability to interpret and draft contract language, understand coverage relationships, and communicate contractual intent
- Skilled in developing and explaining insurance rating algorithms and other pricing models
- Experience with regulatory filings for rates, forms, and rules
- Excellent presentation, communication, and interpersonal skills
- Strong analytical and problem-solving capabilities, with an ability to manage multiple tasks under deadlines in a dynamic environment
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless
and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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