Senior Product Manager

PEMCO•Seattle, WA

11d•Remote

About The Position

The Senior Product Manager is responsible for delivering product strategies that offer high customer value and optimize profitable growth. PEMCO is a mutual insurance company owned by its Northwest policyholders, providing auto, home, renters, and boat coverage. Recognized by Forbes and Newsweek, PEMCO is committed to diversity, equity, inclusion, and belonging, fostering an inspiring and inclusive workplace that builds fairness and understanding, encourages collaboration and flexibility, and celebrates differences. The company is dedicated to social impact programs that motivate youth achievement in education, build stronger and greener communities, and increase safety.

Requirements

Graduate or other professional degree or equivalent work experience
7 years of product management experience, including demonstrated command of product management principles is required.
Strong understanding of market and key competitors; determine of policy and coverage language strategy; influence of underwriting strategy and guidelines
Prior leadership experience or demonstrated leadership ability
MS Office: Skilled proficiency in Excel, Word, PowerPoint, Outlook is required
Analytical and data-driven: Thinks analytically; a structured thinker who can put complex ideas into clear frameworks; uses data to conduct root cause analysis and develops high quality, consumable, and consistent metrics that drive strategic objectives and priorities is required
Business Environment: Has a thorough understanding of our industry, the relevant business landscape, trends in growth and insurance environments; the ability to spot early indicators of change and apply strategies to adapt quickly is required
Project Management: Has a proven track record of driving and motivating cross-functional team members to successfully implement technology or business projects

Responsibilities

Work closely with, mentor Product Analysts, Product Managers and business partners.
Work effectively with internal and external teams and business partners to implement product initiatives and effect product changes.
Responsible for profit/loss, growth, forecasting and budgeting key metrics for assigned product line(s).
Influence and educate partners at all levels in key functions regarding product changes.
Influence and ensure product line(s) strategy is inclusive of efforts from across the organization to drive profitable growth.
Develop and maintain product line(s) to meet consumer needs – lead efforts to develop new pricing programs with actual team (including strong understanding of GLM and other statistical modeling processes); perform pricing analysis and making pricing selects; develop regulatory filing strategy; ensure assigned products comply with state regulations and statutes.
Determine and actively manage 2–5-year strategic product plans.
Demonstrate behaviors consistent with PEMCO's policies, values, code of ethics and business conduct.
Work closely with senior leadership, government affairs and the industry to effectively represent PEMCO’s interests.
Authentically support the PEMCO Brand and constantly are on the lookout for top talent to join us to achieve our Mission to Worry Less and Live More.
Other duties as assigned.

Benefits

Medical, dental, and vision plans for employees and eligible family members with generous employer premium cost shares.
Employer-paid basic life and accidental death & dismemberment insurance policies.
Long- and short-term disability benefit coverages.
401(k) plan with a generous employer match (2 for 1 on the first 6% employee pre-tax and/or Roth deferral, up to federal maximums).
Vacation and eight (8) paid holidays.
Four (4) floating holidays.
Up to ten (10) days of sick leave immediately upon hire (pro-rated based on hire date and full-time/part-time status).
Paid time off for bereavement, jury duty, and employee volunteering in the community.
Education Assistance Program after one year of service.
Scholarship program for children of PEMCO employees after one year of service.
Children’s birthday gift program.
Flexible Spending Accounts.
Employee Assistance Program.
Charitable gift matching.
Discretionary bonuses.
Tiered sales commissions and/or incentives.