Commercial Insurance Risk & Pricing Manager

SafeLease•Austin, TX

14d

About The Position

SafeLease builds and sells insurance products for commercial property owners. Our reinsurance and asset management businesses insure over 4,000 properties, 500,000 tenants, and have over $1B of AUM. Our team of technologists, agents, and underwriters simplifies complex risks to intelligently allocate capital and deliver policies quickly and affordably. We focus on insurance products for the self-storage industry but are rapidly expanding our suite of services to other industries. We believe traditional commercial insurance can be distributed faster and cheaper. To do that, we’ve brought the entire insurance value chain—distribution, underwriting, and reinsurance—under one roof to drive innovation in an industry that’s ripe for change. We are seeking a strategic and results-driven Commercial Insurance Risk & Pricing Manager to lead the optimization and management of our insurance products. The ideal candidate will be responsible for optimization of pricing, coverage, and underwriting guidelines for our commercial insurance offerings. This role requires collaboration with underwriting, sales, and technology teams to drive product innovation and profitability.

Requirements

Education: Bachelor’s degree in Engineering, Sciences, Business, Finance, Insurance, Actuarial Science, or a related field. Relevant work experience and demonstrated skills can substitute for formal education.
Experience: 3+ years of insurance product management and/or analytics within the insurance industry (property & casualty or specialty insurance).
Strong Excel skills required.
Strong understanding of underwriting, coverages, actuarial principles, and regulatory requirements.
Experience in data analysis, pricing strategies, and risk assessment.
Excellent communication and stakeholder management skills.
Ability to think strategically while managing day-to-day operational details.

Nice To Haves

Python or other programming language and SQL skills are preferred.
Cat modeling experience is plus.
Experience in commercial lines or specialty insurance is a plus.

Responsibilities

Refine insurance products based on market research, customer insights, and competitive analysis.
Define product roadmaps and work with cross-functional teams to bring new products and coverage features to market.
Monitor industry trends and regulatory changes to ensure compliance and competitiveness.
Refine pricing models that balance risk and profitability.
Analyze claims data, model cat losses, and underwriting performance to refine pricing strategies, rating factors, and underwriting rules.
Maintain and update underwriting guidelines and practices.
Conduct research to identify customer needs, market trends, and competitive positioning.
Recommend product enhancements and new opportunities based on data-driven insights.
Work closely with sales to fully understand customer needs and ensure product has sufficient features and pricing to be competitive in the market.
Work closely with underwriting, sales, legal, marketing, and technology teams to ensure successful product launches.
Provide training and support to sales teams to effectively position and sell products.
Ensure all products comply with non-admitted insurance regulations and company policies.
Conduct independent research of state statutes where required.
Work with legal resources and carrier personnel to obtain necessary approvals for coverage and forms changes.
Track and monitor key performance metrics, including conversion rate, quote cycle time, claims experience, profitability, PML and aggregation.
Adjust product features and pricing as needed to optimize performance.