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Product Manager- Insurance Solutions
Product Manager- Insurance SolutionsTransUnion • Chicago, IL, US
Product Manager- Insurance Solutions

Product Manager- Insurance Solutions

TransUnion • Chicago, IL, US
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Insurance Product Manager

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.

What you'll bring :

  • 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. 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.
  • 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.

Impact you'll make :

  • 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.
  • Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law, including the Los Angeles County Fair Chance Ordinance for Employers, the San Francisco Fair Chance Ordinance, Fair Chance Initiative for Hiring Ordinance, and the California Fair Chance Act.

    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. This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

    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.

    We are committed to being a place where diversity is not only present, it is embraced. As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, genetic information, marital status, citizenship status, sexual orientation, gender identity or any other characteristic protected by law. Additionally, in accordance with Section 503 of the Rehabilitation Act of 1973 and the Vietnam Era Veterans' Readjustment Assistance Act of 1974, TransUnion takes affirmative action to employ and advance in employment qualified individuals with a disability and protected veterans in all levels of employment and develops annual affirmative action plans. Components of TransUnion's Affirmative Action Program for individuals with disabilities and protected veterans are available for review to any associate or applicant for employment upon request by contacting ERCoE@transunion.com.

    Pay Scale Information : The U.S. base salary range for this position is $82,700.00 - $120,000.00 annually. The salary range for this position reflects a reasonable estimate of the range of compensation for this job. At TransUnion, actual compensation is based on careful consideration of additional factors such as (but not limited to) an individual's education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations. Regular, fulltime non-sales positions may be eligible to participate in TransUnion's annual bonus plan. Certain positions may be also eligible for long-term incentives and other payments based on applicable company guidance and plan documents.

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