Openly

Premium, straightforward insurance

Insurance Product Manager

Product ManagerProduct ManagerFull TimeRemoteTeam 201-500H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

3 days ago

Salary

$115.7K - $137.4K / year

Bachelor Degree3 yrs expEnglishSQL

Job Description

• Developing and calibrating Openly’s homeowners program for established states and new state entries including UW eligibility, coverage offerings, premium rates, and Openly proprietary models • Assisting with rate filings and DOI correspondence to ensure timely regulatory approval • Collaborating with our Technology and Operations teams to successfully implement and launch the product in new states • Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint • Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Job Requirements

  • 3-5 years of experience in insurance product management and product development roles
  • A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study
  • Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation
  • Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
  • Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
  • Strong decision-making skills
  • P&C insurance experience is required, and homeowners insurance experience is a plus
  • Insurance product compliance and/or state launch experience is a plus

Benefits

  • Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
  • Competitive Salary & Equity
  • Comprehensive Medical, Dental, and Vision Plan Offerings
  • Life and disability coverage including voluntary options
  • Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
  • 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
  • Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
  • Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
  • Be Well Program - Employees receive $50 per month to use towards your overall well-being
  • Paid Volunteer Service Hours
  • Referral Program and Reward

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