Regional Insurance Product Manager (Remote, US)

                                             

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Openly 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.

Now is the perfect time to join the journey. Here’s why

• It’s working. We’re in multiple states and on our way to operating countrywide.  We have thousands of agents selling our product and millions of dollars of annual customer premiums.
• We’re well-backed & stable. We closed our $100M Series D fundraise. We are supported by some of the top investors globally, including Google’s “Gradient” AI-focused fund, Obvious Ventures,  Advance Venture Partners, Eden Global Partners, and Clocktower Technology Ventures.
• It’s not too late! Despite this traction and stability, we’re still early enough in the journey that there’s time to make a real difference during Openly’s formative period.

If you’d like to understand more about Openly’s mission, consider checking out this video (https://vimeo.com/267654520) from a company pitch we gave several years ago at Techstars. 

Job Details

We are seeking an Insurance Product Manager to help drive our state expansion efforts and bring Openly insurance products to independent agents across the country. Reporting to the Senior Manager 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

• 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

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

Compensation & Benefits: 

The target salary range represents the budgeted salary range for this position.  Actual compensation for this position will be determined based on the successful candidate's experience and skills. We are committed to providing a compensation package that not only reflects the responsibilities and requirements of the role, but also the unique expertise that the chosen candidate will bring to our team.

Target Salary Range$115,680—$137,370 USD

The full salary range shows the min to max salary range for this position.  Actual compensation will be commensurate with experience