Product Manager- Insurance Solutions

TransUnion • Chicago, IL

2d • Hybrid

About The Position

At TransUnion, we have a welcoming and energetic environment that encourages collaboration and innovation. We are consistently exploring new technologies and tools to be agile. This environment gives our people the opportunity to hone current skills and build new capabilities, while discovering their genius. Come be a part of our team – you’ll work with great people, pioneering products and cutting-edge technology! As an Insurance Product Manager, you will be responsible for supporting the strategy of vehicle data related analytical solutions for the US personal lines insurance market. You will manage multiple projects and products, collaborate with cross functional teams, understand overall priorities, and set expectations through clear and frequent communication (verbal and written). Additionally, you will compile, analyze, synthesize, and summarize qualitative and quantitative information from internal and external sources to address specific business needs and problems.

Requirements

• A bachelor’s degree in business, IT, or management
• 5+ years prior working product management experience in the P&C insurance industries with a focus on product, pricing or underwriting functions.
• Develops and presents product specific roadmaps with plans for effectively growing and managing the business.
• Leverages internal and external data to understand the market and client-level performance; stays current on the competitive landscape.
• Cross-functional collaboration across multiple business units, including data science, IT and legal.
• Adherence to Company policies, sound judgment and trustworthiness, working safely, communicating respectfully, and safeguarding business operations, confidential and proprietary information, and the Company’s reputation are also essential expectations of this position.

Nice To Haves

• Direct working experience with 3rd party vendor solutions is a plus.
• Working knowledge of insurance regulations, familiarity with SERFF and experience in the filing process with various state departments of insurance.

Responsibilities

• Act as the subject matter expert for vehicle data related analytical solutions that present the value proposition to insurance audiences and optimize the application of TransUnion's products for each insurer's unique use case.
• Leverage strong project management skills to prioritize projects and follow-up with other internal or external teams to keep projects on schedule.
• Coordinate with sales teams to create and deliver compelling presentations to all types of insurance clients either virtually or in-person (when appropriate).
• Gather insights from clients and sales (e.g. “Voice of the Customer”) and compile, analyze, synthesize, and summarize qualitative and quantitative information from internal and external sources to define the product strategy and roadmap.
• You collaborate with data scientists to enhance and optimize vehicle data solutions and partner with a third-party vendor to ensure quality and service level agreements.
• You will identify opportunities to improve products and evaluate market demand for those enhancements.
• You will maintain documentation on how products are approved to be used and sold, including all applicable state regulations.

Benefits

• TransUnion provides flexible benefits including flexible time off for exempt associates, paid time off for non-exempt associates, up to 12 paid holidays per year, health benefits (including medical, dental, and vision plan options and health spending accounts), mental health support, disability benefits, up to 12 weeks of paid parental leave, adoption assistance, fertility planning coverage, legal benefits, long-term care insurance, commuter benefits, tuition reimbursement, charity gift matching, employee stock purchase plan, 401(k) retirement savings with employer match, and access to TransUnion’s Employee Resource Groups.
• Spousal, domestic partner, and other eligible dependent coverage is available on select health and welfare plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees