Insurance Product Manager

WCF Insurance•Sandy, UT

1d•Hybrid

About The Position

WCF is an A Rated insurance carrier that is growing in the western U.S. and is looking for an applicant that wants to join a company with a great culture, competitive pay, and outstanding benefits. The product team has an immediate opening for someone who can demonstrate the WCF values to join their team as a full-time Product Manager, reporting to the Manager, Product Management. The person in this position works out of WCF's Sandy, Utah headquarters. Hybrid (office/home) work is available after training. Remote work is available to candidates not close to one of our offices.

Requirements

Bachelor's degree in business, economics, engineering, insurance, math, statistics, or a related field.
Minimum of five years of relevant experience in commercial lines insurance, preferably in product management, pricing analysis, or product analysis.
Strong analytical and problem-solving skills, with the ability to translate complex data into actionable insights.
Outstanding communication and presentation skills, with the ability to influence cross-functional teams.
Excellent interpersonal and collaboration skills.
Strategic thinker with a focus on innovation and continuous improvement.

Responsibilities

Develop growth and profit strategies for assigned products and states that align with company-wide priorities.
Monitor key performance indicators (KPIs) such as loss ratios, retention, and new business growth.
Identify and act on opportunities to improve product performance and operational efficiency.
Develop and manage rate manuals and filings for assigned products and states.
Participate in efforts to understand agent and customer needs, internal performance data, competitor behavior, and industry trends.
Conduct market and competitive analysis to inform pricing and product decisions.
Recommend and implement pricing and product changes based on data-driven insights.
Collaborate with actuarial and underwriting teams to develop and refine pricing models and tools.
Utilize predictive analytics and emerging data sources to enhance pricing sophistication.
Represent and advocate for assigned products and states across departments and to senior leadership.
Build strong partnerships within the Product team, across the organization, and with external agency partners.
Work closely with underwriting, IT, operations, and sales to implement pricing and product changes.
Foster a culture of continuous improvement and innovation in pricing and product development.
Provide coaching, training, and mentoring to product analysts.