Regional Insurance Product Manager (Remote, US)

Openly

23h•Remote

About The Position

Openly is rebuilding insurance from the ground up, re-envisioning and enhancing every aspect of the customer experience. We are seeking a Regional Insurance Product Manager to own state-level strategy and market performance across an assigned region, and to help bring Openly insurance products to independent agents across the country. Reporting to the Director of Insurance Product Management, this highly visible role offers the opportunity to lead key insurance product management initiatives and interact with business leaders across Technology and Operations Teams. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.

Requirements

3-5 years of experience in insurance product management or product development roles, with a demonstrated focus on strategy, analytics, or state-level product ownership
A degree in Business Administration, Mathematics, Actuarial Science, Economics, Statistics, or related field
Solid analytical skills with the ability to develop and interpret quantitative analyses and translate findings into strategic narratives for senior business leaders and cross-functional audiences
Demonstrated ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity
Strong communication, storytelling, and project management skills
Able to collaborate effectively with people at all levels across the company
Strong decision-making skills, using data to inform strategic recommendations
P&C insurance experience is required
Insurance product compliance and/or state regulatory relationship experience is a plus

Nice To Haves

homeowners insurance experience is a plus

Responsibilities

Owning state-level strategy and calibrating Openly's homeowners program for assigned states and new state entries, including UW eligibility, coverage offerings, competitive positioning, and Openly proprietary models
Managing the state filing process and DOI relationships and correspondence, ensuring timely regulatory approval
Collaborating with our Technology and Operations teams to successfully implement rate reviews and new state launches
Monitoring and analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and translating findings into actionable strategic recommendations
Developing cost-benefit analyses of state-level strategic initiatives and presenting recommendations that balance market opportunity with company objectives and profitability targets
Identifying business challenges and opportunities, designing analytical frameworks to evaluate options, and delivering sound recommendations
Cultivating partnerships with Business Development, serving as the primary conduit for field-level market feedback into the Insurance Product organization
Escalating state-level insights that warrant countrywide product changes, acting as an internal advocate for market needs
Contributing to other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

Benefits

Remote-First Culture
Competitive Salary & Equity
Comprehensive Medical, Dental, and Vision Plan Offerings
Life and disability coverage including voluntary options
Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
Monthly internet stipend — We provide a $75 monthly stipend each month
Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
Be Well Program - Employees receive $50 per month to use towards your overall well-being
Paid Volunteer Service Hours
Referral Program and Reward
Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles.