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Openly

Regional Insurance Product Manager (Remote, US)

Openly

4h ago

0$116k - $137kManagementUnited Stateshimalayas
Insurance-Product-ManagementProduct-ManagementProperty-and-Casualty-InsuranceInsurance-StrategyRegional-Product-ManagementInsurance-Product-ManagerSenior-Insurance-Product-ManagerRegional-Product-ManagerManager

Job Description

Why OpenlyOpenly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc. The Openly DifferenceWe created Openly because we saw an evident gap in the market for premium insurance made simple. Consumers deserve more complete coverage at competitive prices. The Price Difference: Using cutting-edge data and technology, we provide you with customizable, competitive prices to protect your most valuable assets.The Policy Difference: Coverages are truly customizable to meet your individual protection needs, for both standard coverages and optional add-ons.The Experience Difference: From tailored claims handling to highly responsive customer service, we are focused on making the home insurance purchasing process a better overall experience.Welcome to your next adventure.At Openly, our people are just as important as our product. For us, collaboration, communication, and work-life balance are more than nice-to-haves— they’re the must-haves that make us who we are. We believe a great company is the result of a shared set of values, so we look for these qualities in every candidate we hire. IntegrityEmpathyTeamworkCuriosityUrgencyWe've designed our hiring process with you, the candidate, in mind. At every step, you have the chance to present your strengths and learn more about what makes Openly a great place to work.We're committed to Diversity, Equity, & InclusionWe embrace individuality and believe diverse teams are winning teams. Our commitment to inclusion across race, gender, age, religion, identity, and experience drives us forward every day.Job Details We are seeking a Regional Insurance Product Manager to own state-level strategy and market performance across an assigned region, and to help bring Openly insurance products to independent agents across the country. Reporting to the Director of Insurance Product Management, this highly visible role offers the opportunity to lead key insurance product management initiatives and interact with business leaders across Technology and Operations Teams. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.Key Responsibilities Owning state-level strategy and calibrating Openly's homeowners program for assigned states and new state entries, including UW eligibility, coverage offerings, competitive positioning, and Openly proprietary modelsManaging the state filing process and DOI relationships and correspondence, ensuring timely regulatory approvalCollaborating with our Technology and Operations teams to successfully implement rate reviews and new state launchesMonitoring and analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and translating findings into actionable strategic recommendationsDeveloping cost-benefit analyses of state-level strategic initiatives and presenting recommendations that balance market opportunity with company objectives and profitability targetsIdentifying business challenges and opportunities, designing analytical frameworks to evaluate options, and delivering sound recommendationsCultivating partnerships with Business Development, serving as the primary conduit for field-level market feedback into the Insurance Product organizationEscalating state-level insights that warrant countrywide product changes, acting as an internal advocate for market needsContributing to other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product developmentRequirements3-5 years of experience in insurance product management or product development roles, with a demonstrated focus on strategy, analytics, or state-level product ownershipA degree in Business Administration, Mathematics, Actuarial Science, Economics, Statistics, or related fieldSolid analytical skills with the ability to develop and interpret quantitative analyses and translate findings into strategic narratives for senior business leaders and cross-functional audiencesDemonstrated ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativityStrong communication, storytelling, and project management skillsAble to collaborate effectively with people at all levels across the companyStrong decision-making skills, using data to inform strategic recommendationsP&C insurance experience is required, and homeowners insurance experience is a plusInsurance product compliance and/or state regulatory relationship experience is a plusCompensation & Benefits:Below is