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The State Product Manager-Nonstandard Auto is responsible for increasing profit, premium, & market share while meeting customers’ needs in an assigned region. Sentry Insurance is seeking a Product Manager to design and revise its Personal Lines Nonstandard Auto products. In this role, you will also bring to market product/distribution enhancements designed to attract and retain Non-Standard Auto customers in our Personal Lines portfolio. This will require the ability to communicate, and matrix manage throughout the organization.
Job Responsibility:
Develop and leverage expert knowledge of Sentry’s Personal Lines Nonstandard Auto products, as well as individual states’ competitive, legal, and regulatory landscapes, to maximize opportunity for success
Develop and implement Personal Lines Nonstandard Auto product plans to meet annual premium and profit goals, and take responsibility for loss and expense results
Develop and execute strategic plans for expanded product risk appetite, entry into new markets, and/or enhancements to existing products
Develop coverage solutions, underwriting guidelines, pricing improvements and contract language, as needed, in collaboration with Analytics, Actuarial, Claims, and Compliance areas
Leverage expert knowledge within assigned region, speaking to competitor actions, unique capabilities, and business profile
Collaborate with business partners throughout the organization to initiate, prioritize, and drive changes to systems, business practices, and/or product offerings, applying sound analysis and logic
Ensure regulatory compliance for new and existing products in coordination with staff responsible for compliance and filings
Requirements:
Bachelor's degree or equivalent work experience
Minimum of 2 years related Personal Lines work experience
Prior insurance and product management, product development, or business management experience
Superior leadership, problem solving, and analytical skills with proven ability to effectively communicate, develop relationships, and make data driven decisions
Ability to meet travel requirements of the position
Sentry does not offer employment in the position to holders of F-1, J-1, and H-1 Visas
What we offer:
401(K) plan with a dollar-for-dollar match on your first eight percent, plus immediate vesting
Tuition Reimbursement program
Generous Paid-Time Off plan
Volunteer-Time off
Group Medical, Dental, Vision, Life insurance
Parental leave
Health and Wellness benefits
Well-being and Employee Assistance programs
Sentry Foundation gift matching program
Meal Subsidy available for associates who report to an office