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Insurance Product Development Manager
NJM Insurance Trenton, NJ
$128k-164k (estimate)
Full Time | Business Services 3 Weeks Ago
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NJM Insurance is Hiring an Insurance Product Development Manager Near Trenton, NJ

Introduction

Personal, compassionate service is what we’re known for at NJM. We seek the best and brightest to help our customers when they need us most. As part of the NJM team, you'll not only enjoy some of the best benefits in the industry, you'll also be joining a company that's committed to professional development, diversity and innovative thinking.
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Overview

Based in our West Trenton (Ewing), New Jersey corporate office, The Personal Lines Insurance Product Development Manager (the formal NJM title is: Senior Associate Insurance Product Manager) will be accountable for making product decisions and recommendations for the assigned Line of Business, seeing product changes from ideation to implementation. In this newly created position, you will collaborate with members of NJM senior leadership and Personal Lines State Managers on a regular basis. In this mission critical role, the successful candidate will be an integral part of the future of NJM and Personal Lines as they drive the business from a product development standpoint.

Responsibilities

  • Drive countrywide product growth and profitability for assigned lines of business
  • Proactively identify, evaluate, and recommend new product opportunities for assigned lines of business
  • Lead implementation of new products and enhancements to existing products
  • Develop both short and long-term project roadmaps for each product
  • Stay current on industry developments and trends as well as the regulatory environments
  • Develop strong working relationships with Actuarial, Underwriting, Claims, Contact Center, BP&A (Finance), Marketing and Business Process (BPU)
  • Provide support for financial planning and forecasting

Requirements

Skills, Knowledge and Abilities:

  • Strong data analytics capabilities along with a natural problem-solving curiosity
  • Advanced Excel and database skills; competent in other MS Office software
  • Committed to continuously learning, product development or management skills, etc.
  • Excellent and effective verbal and written communication and presentation skills

Education and Experience:

  • Minimum 4-year college degree or equivalent; Mathematics, Statistics, Actuarial, Data Analytics, Economics, Finance, or other quantitative business degree preferred
  • Minimum 5-year work experience in a role such as actuarial or insurance product analytics with increasing responsibilities
  • A minimum of 1 to 2 successful years within a Product Development role within the property and casualty insurance industry
  • Must have excellent communication, interpersonal, and organizational skills

Compensation and Benefits:
The estimated salary range for the position is: $116,000 to $146,000. The salary is commensurate with relevant experience and credentials. The position also includes an annual incentive opportunity and a generous benefits package, including: Blue Cross health insurance, a 401k with a dollar for dollar match up to 8% with immediate vesting, a tuition assistance program, dental and vision benefits, a generous PTO plan, and much more.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$128k-164k (estimate)

POST DATE

04/13/2024

EXPIRATION DATE

06/12/2024

WEBSITE

njm.com

HEADQUARTERS

KERNERSVILLE, NC

SIZE

1,000 - 3,000

FOUNDED

1913

TYPE

Private

CEO

NANCY J VINSON

REVENUE

<$5M

INDUSTRY

Business Services

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About NJM Insurance

NJM is a brokerage firm that provides business, property, workers compensation, auto and commercial insurance products and services.

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