VP, Insurance Product Management

Job Description

Job Description

Location : Waltham, MA (hybrid)

NEXT's mission is to help entrepreneurs thrive. We're doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.

Simply put, wherever you find small businesses, you'll find NEXT.

Since 2016, we've helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We're backed by industry leaders in insurance and tech, and we still have room to grow — that's where you come in.

The VP, Insurance Product Management will play a pivotal role in shaping the future of our insurance offerings. This individual will be responsible for leading the end-to-end lifecycle of our insurance product portfolio, from ideation and strategy to execution and optimization. As a key member of the leadership team, you will work closely with distribution channel leaders, engineering leaders and other cross-functional teams to create innovative products that meet the evolving needs of the insurance market. This role is pivotal in leveraging cutting-edge technology to transform our underwriting, pricing, and claims processes, harnessing the power of Generative AI and Machine Learning models to accelerate automation and drive innovation.

What You'll Do :

• Product Strategy & Vision : Develop and execute a clear, forward-thinking insurance product strategy that delivers on business objectives and growth targets. Define and execute a roadmap for product launches, enhancements, and market expansions in both existing and emerging insurance verticals.
• Insurance Product Development : Lead the end-to-end insurance product development process, from market research through ideation, implementation and optimization

Collaborate with claims leaders to inform designs of insurance coverages

Key Attributes :

What We Need :

12+ years of experience in commercial insurance product management, with at least 6 years in a leadership role, ideally in an InsurTech or insurance company.

In-depth knowledge of the commercial lines P&C insurance industry, including products, underwriting, claims, distribution channels, and regulatory environment.

Proven ability to lead cross-functional teams and navigate the complexities of working in a high-growth, fast-paced environment.

Unstoppable Qualities :

Note on Fraudulent Recruiting

We have become aware that there may be fraudulent recruiting attempts being made by people posing as representatives of Next Insurance. These scams may involve fake job postings, unsolicited emails, or messages claiming to be from our recruiters or hiring managers. Please note, we do not ask for sensitive information via chat, text, or social media, and any email communications will come from the domain @ nextinsurance.com . Additionally, Next Insurance will never ask for payment, fees, or purchases to be made by a job applicant. All applicants are encouraged to apply directly to our open jobs via the careers page on our website. Interviews are generally conducted via Zoom video conference unless the candidate requests other accommodations. If you believe that you have been the target of an interview / offer scam by someone posing as a representative of Next Insurance, please do not provide any personal or financial information. You can find additional information about this type of scam and report any fraudulent employment offers via the Federal Trade Commission's website ( https : / / consumer.ftc.gov / articles / job -scams ), or you can contact your local law enforcement agency.

Don't meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.