Product Development Manager

Berkshire Hathaway GUARD Insurance CompaniesParsippany, NJ
1d$103,000 - $180,000Hybrid

About The Position

Berkshire Hathaway GUARD Insurance Companies provide Property & Casualty insurance products and services through a nationwide network of independent agents/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 the 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! The Product Development Manager will collaborate closely with the product development leader, playing a pivotal role in the development of new products and the maintenance of existing lines of business. The position can be located in either New York, NY, Parsippany, NJ, Atlanta, GA, Philadelphia, PA or Wilkes Barre, PA.

Requirements

  • Bachelor's degree preferred with concentration in Risk Management, Business, Economics, Finance, Math, Statistics or Actuarial Sciences, (J.D. preferred but not required)
  • 5 + years of Commercial Product or Underwriting experience.
  • Must have knowledge of industry trends, state regulations, and compliance processes.
  • Strong analytical and writing skills; attention to detail
  • Must be comfortable and proficient working in a matrixed environment, with stakeholders at various levels and in various departments.

Responsibilities

  • Assists in the development, drafting, and enhancement of forms and forms language, including strategic input and actionable recommendations.
  • Support the design, development, and implementation of system and process solutions that align with the forms implementation strategy.
  • 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.
  • Conduct competitor intelligence research.
  • Demonstrate awareness of each state’s regulatory environment and legislative rules to ensure that compliance standards are met.
  • Document, maintain, and version control forms attachment logic.
  • Collaborate with Strategic Business Analysis Unit for the purposes of ad-hoc analysis to support strategies and initiatives.
  • Creates, maintains and version controls templates, documentation and schedules for underwriting audit.

Benefits

  • Competitive compensation
  • Healthcare benefits package that begins on first day of employment
  • 401K retirement plan with company match and profit sharing
  • Generous paid vacation and sick time
  • Hybrid work schedule (three days in the office, two days from home)
  • Work/life balance schedule – no nights or weekends/closed for all major holidays
  • Longevity awards (every 5 years of employment receive a generous monetary award to be used toward a vacation)
  • Tuition reimbursement after six months of employment
  • Numerous opportunities for continued training and career advancement
  • And much more!
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