E&S Product Leader

Berkshire Hathaway GUARD Insurance CompaniesPhiladelphia, PA
16d$200,000 - $300,000Hybrid

About The Position

Overview Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide. Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path! Benefits: We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer! Competitive compensation Healthcare benefits package that begins on first day of employment 401K retirement plan with company match Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays Up to 6 weeks of parental and bonding leave Hybrid work schedule (3 days in the office, 2 days from home) Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation) Tuition reimbursement after 6 months of employment Numerous opportunities for continued training and career advancement And much more! Responsibilities Are you a strategic thinker with deep expertise in E&S insurance ? Ready to lead product innovation and drive portfolio performance in a high-impact role? We’re looking for a collaborative, data-driven leader to join our Product Management team and shape the future of our E&S offerings. This role offers the chance to lead product development from concept to launch, influence underwriting strategy, and work cross-functionally across actuarial, distribution, legal, and IT.

Requirements

  • Minimum of 10+ years of E&S Product experience; production underwriting experience preferred but not required.
  • Must exhibit expertise in industry trends, state regulations, and compliance processes.
  • Must promote and exemplify data driven decision-making.
  • Promotes and exemplifies a culture of collaboration, including stakeholders at various levels and in various departments.
  • Bachelor's degree preferred with concentration in Risk Management, Business, Economics, Finance, Math, Statistics or Actuarial Sciences
  • Provide guidance through example. There is expectation that in addition to ownership and guidance, work product will be delivered through this role for all owned aspects.
  • Excellent verbal and written communication skills, along with interpersonal and influencing skills
  • Self-directed and self-motivated with demonstrated strength in planning, organizing and driving seamless product delivery.
  • Proficient with MS Office; Proficient with reporting tools like PowerBI.
  • The successful candidate is expected to work in one of our offices 3 days per week and also be available for travel as required.

Responsibilities

  • Leads the development of new insurance products, including underwriting guidelines, from concept to launch.
  • Manages existing and new products to ensure production and profitability targets are met.
  • Ownership of rate decision.
  • Drives collaboration with actuarial, distribution and production underwriting to create and enhance rating algorithms.
  • Functions as the ultimate referral underwriter by providing guidance and thought leadership to production underwriting at the single risk level and at the portfolio level.
  • Manages the end-to-end product development lifecycle, ensuring milestones are met on time.
  • Defines and prioritizes insurance product requirements, focusing on customer-centric solutions that align with a service forward USP (Unique Selling Position).
  • Coordinates cross functional teams, including underwriting, distribution, actuarial, legal and IT to ensure seamless product delivery.
  • Owns competitor intelligence strategy and conducts market intelligence.
  • Provides guidance and thought leadership to Product Managers or Product Specialists to drive portfolio management monitoring and KPI's.
  • Ensure all products comply with regulatory and legal requirements, working closely with the regulatory team.
  • Monitor changes in regulations and market conditions that may impact product offerings, making adjustments as needed.
  • Actively monitor product performance and enhance iteratively.
  • Communication of hypothesis and outcomes are driven by discussion, creation of content and presentation materials.
  • Analyze customer feedback, competitive landscape, and market trends to iteratively improve existing products and identify new product opportunities.
  • Collaborate with training and marketing to develop communication, training, and marketing materials in support of new or enhanced products and initiatives.
  • May require delivery of training materials or content.
  • Outline post implementation monitoring and measurement mechanisms for line of business specific strategies in support of outlined success criteria.
  • Collaborate with Data and Analytics unit to analyze and refine results.

Benefits

  • Competitive compensation
  • Healthcare benefits package that begins on first day of employment
  • 401K retirement plan with company match
  • Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
  • Up to 6 weeks of parental and bonding leave
  • Hybrid work schedule (3 days in the office, 2 days from home)
  • Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
  • Tuition reimbursement after 6 months of employment
  • Numerous opportunities for continued training and career advancement

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

501-1,000 employees

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