CL Product Management - Specialty Product Manager (Remote/Hybrid)

The Hanover Insurance Group•Nashville, TN

5d•$91,000 - $113,000•Hybrid

About The Position

The Hanover is seeking an experienced Specialty Product Manager to join their Commercial Lines Product Management team. This role can be hybrid or fully remote within the United States. The position focuses on developing and evolving products such as Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Cyber, Crime, and Kidnap & Ransom. The Product Manager will collaborate with various departments including Product, Underwriting, Claims, Legal, Compliance, Actuarial, and Technology to drive growth and improve customer outcomes. The ideal candidate will have deep knowledge of Management Liability coverages, policy language, forms drafting, product development, and regulatory compliance, with the ability to translate market insights into competitive product strategies. This is a full-time, exempt role.

Requirements

3-5 years of Specialty insurance experience with working knowledge and experience in product; or any combination of education and experience, which would provide an equivalent background.
Demonstrated and thorough understanding of specialty insurance products, policy wording, forms drafting, coverages, and regulatory environment.
Advanced leadership skills, innovation skills, initiating skills, organization, and time management skills.
Excellent oral and technical writing communication skills as well as attention to detail.
Advanced ability to comprehend and communicate intent of product strategies, underwriting strategies and inter-relationships with coverage.
Strong ability to influence strategic decisions that support corporate goals.
Superior interpersonal skills which align with Hanover’s CARE values.

Responsibilities

Lead the development, design and maintenance of proprietary Management Liability coverage forms and associated rules for both admitted and non-admitted use.
Draft new forms and revise existing forms to meet unique underwriting needs and an evolving legal environment.
Monitor and analyze regulatory and judicial environments to remain compliant in writing states.
Conduct, monitor, and interpret market research and competitive analysis for the assigned product and line of business.
Work collaboratively with Specialty Underwriting to establish and support professional and executive lines strategies and goals.
Develop filing strategies and manage and respond to State Department of Insurance objections and inquiries as necessary.
Mentor and collaborate closely with Product Analysts.