Associate Product Manager - Systems Specialist

About Canal Insurance

Canal Insurance Company specializes in insurance for commercial trucking and specialty transportation operations. Canal was founded in 1939 and is located in Greenville, South Carolina. At Canal, we recognize that our success would not be possible without the hard work and dedication of our employees. We know that happiness and productivity go hand in hand, and to that end, we consciously cultivate a culture that enables us to recruit and retain the very best talent in the business.

 

A Culture With YOU in Mind

• Located in beautiful downtown Greenville, SC
• Career growth & advancement opportunities
• Comprehensive benefits package
• Employee referral program
• Casual dress code
• Innovation-focused & customer-centric
• 80+ years of industry expertise
• Committed to giving back to our community
• Unquestioned integrity and commitment

 

Benefits at Canal

• Basic & Voluntary Life Insurance Plans
• Medical, Dental, & Vision
• Short Term & Long Term Disability
• 401(k) plan with company match up to 6%
• Flexible Spending Accounts
• Employee Assistance Programs
• Generous PTO Plan

 

Associate Product Manager - Systems Specialist

Job Summary:  The Associate Product Manager is responsible for managing, updating, and maintaining ratebooks used to support insurance policy issuance system. They also assist with the development, management, and monitoring of a business product within a defined geography, product line and/or function. Responsible for coaching analysts while participating in talent selection, development and performance management. Additionally, the ideal candidate will thrive working on the unknown, in a collaborative environment.

Major Accountabilities:

1. Coordinate the preparation and maintenance of insurance rating system changes from ideation to production, ensuring all updates are implemented accurately and on schedule.
2. Implement changes through enterprise ticketing system, perform UAT, and update rate change documentation while ensuring compliance with regulatory requirements.
3. Troubleshoot system bugs and provide solutions for rating relating issues to Underwriting and UW Operations.
4. Analyze monthly reports and communicate findings to interdepartmental Management in relevant business terms.  Suggest and implement enhancements to existing reports for better visibility into our company’s performance. 
5. Assist with the submission of rate and rule filings, including amending the rating manual, handling objections from the DOI and coordinating the implementation of the updated rates with the necessary departments.
6. Act as liaison with IT, Actuarial, Underwriting and other departments to validate data integrity and compliance, ensure proper system integration, and rate schedule coordination.
7. Perform other duties as assigned by Management. 

 

Qualifications:

Education/Training Requirements:                                                                                        

• Bachelor’s Degree in mathematics, business, statistics, computer science or related field

 

Experience/Specialized Skills: 

• Minimum 3 years experience of product analysis within Property Casualty insurance or related experience. Preferred CPCU
• Minimum of 1 years of leadership and management experience
• Must have strong analytical skills and the ability to communicate with all levels within the organization

 

Special Considerations:

Physical Requirements: Constant use of vision, hearing, and communication (oral and written/in-person and via telephone).  Frequent concentration, standing, walking, handling, reaching, and grasping.  Occasional bending, kneeling and lifting (up to 25 lbs.) Heavy use of computer and office equipment.

Travel/Hours of Service: Occasional travel may be required.  Periodic work outside of standard business hours or on weekends may be required.