Director of Product

Frontline Insurance Managers Inc. • Lake Mary, FL

6d

About The Position

At Frontline Insurance, we are on a mission to Make Things Better, and our Director of Product plays a pivotal role in achieving this vision. We strive to provide high quality service and proactive solutions to all our customers to ensure that we are making things better for each one.

What makes us different? At Frontline Insurance, our core values – Integrity, Patriotism, Family, and Creativity – are at the heart of everything we do. We’re committed to making a difference and achieving remarkable things together. If you’re looking for a role, as a Director of Product where you can make a meaningful impact and grow your career, your next adventure starts here!

Requirements

• Bachelor’s degree is required.
• 8+ years in strategic and/or analytical insurance roles, including, but not limited to, actuarial, product / line management, or underwriting.
• Experience working with seasoned insurance experts, including state regulators.
• 3+ years managing a P&L for another insurance company.
• 5+ years managing a team of direct reports.
• Exceptional analytical, quantitative, and problem-solving skills, with strong attention to detail.
• Strong communication skills with an ability to comprehend, interpret and draft complex policy language.
• Well versed in the Florida insurance regulatory process and environment.

Nice To Haves

• Advanced degree – MSc., PhD - Preferred, or MBA is a plus.
• Insurance designation such as CPCU or CIC are preferred.
• Knowledge of forms performance in matters of litigation is preferred.

Responsibilities

• Develop comprehensive coverage strategies that align with product initiatives and assist with driving growth, achieving targeted underwriting profit.
• Act as a coverage and policy forms expert and maintain a thorough knowledge of company product features and benefits as well as industry product trends. Provide coverage expertise to various internal areas, including underwriting, sales and marketing, claims, legal and finance.
• Maintain current knowledge of competitor actions, industry developments and member needs and drive coverage innovation to meet the needs of Frontline Program’s target market.
• Identify product portfolio level KPIs (Key Performance Indicators) coaching team to adjust and refine products as the data dictates.
• Continuously assess performance of products within the portfolio and identify any areas where cost of product is higher than value generated with recommendations on next steps.
• Work with various departments and senior leadership to ensure successful product launch or decommissioning of products.
• Reporting on the performance of your respective products to the executive leadership team, and others in the organization
• Develop new product lines as identified by senior leadership. These can include both personal and commercial lines.
• Work with compliance to ensure that products comply with applicable state and/or federal regulations.
• Develop and lead a team of product development analyst(s), ensuring the team has the necessary technical acumen for all lines of business
• Identify additional product opportunities to present to senior leadership
• Oversee duties of the team and other duties relevant to product as they arise

Benefits

• Company-sponsored Medical, Dental, Vision, Life, and Disability Insurance (Short-Term and Long-Term).
• 401k Retirement Plan with a generous match.
• Four weeks of PTO and Pet Insurance for your furry family members.

What This Job Offers

• Job Type: Full-time
• Career Level: Director