Product Development Manager

WCF InsuranceSandy, UT, US

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Job Description

JOB POSTING : Product Development Manager

Are you a commercial product person looking for an entrepreneurial opportunity within an established company? If so, this may be the job for you. Keep reading and watch our video below of why WCF was voted one of the best places to work in Utah.

Position

The product development department is looking for someone who can demonstrate the WCF values to join their team as Product Development Manager. The product development team specifically works on commercial insurance lines such as property, liability, and umbrella and has an immediate opening for someone who can demonstrate the WCF values to join their team as a full-time Product Development Manager. This is an exempt position that reports to the Director, Product Management. This position is open to internal and external candidates. The person in this position works out of the WCF's Sandy, Utah headquarters or one of the regional offices located in Roseville, CA; Boise, ID; or Denver, CO. Hybrid (office / home) or remote option is available.

Responsibilities

Establish product line strategy in collaboration with those responsible for complimentary lines of business.
Direct implementation of product enhancements including rating algorithm, policy language, back-end system, and front-end system changes.
Serve as a product line expert, maintain a thorough knowledge of product features and benefits, and provide product expertise to various internal and external audiences.
Conduct research and analysis on legal issues, competitor products, market needs, and emerging issues to ensure competitiveness and legal compliance.
Lead product analysts aiming for high morale and technical competency.
Manage rate, form, rule regulatory filings and maintain good working relationships with regulators.
Communicate product changes to other departments and assist with product training.
Design and maintain procedure and product documentation.
Create and maintain strong, positive working relationships with other departments.

Qualifications

The most qualified candidate will have :

Bachelor's degree required; CPCU designation preferred.

At least five years of commercial property and casualty insurance product management, product development, or underwriting experience.

Deep understanding of commercial property and liability coverage forms, endorsements, manuals, and pricing structures.

Ability to comprehend, draft, and communicate intent of contract language as well as interpret inter-relationships of coverages across contracts.

Ability to comprehend, create and communicate intent of insurance rating algorithms and other pricing structures.

Experience with rate, form, rule regulatory filings.

Outstanding presentation, communication, and interpersonal skills

Excellent analytical and problem-solving skills.

Works well under deadlines in a changing environment with capability to perform multiple tasks effectively.

An internal candidate should have six months in their current position, acceptable job performance, and must notify their current supervisor that they have applied for the position.

OUR PEOPLE

WCF strives to provide an excellent work experience and cultivate an inclusive environment where anyone who embodies our values will thrive.

WCF INSURANCE IS AN EQUAL OPPORTUNITY EMPLOYER

WCF Insurance provides equal employment opportunity to all qualified applicants and employees regardless of race, color, religion, sex, age, national origin, veteran status, disability that can be reasonably accommodated, or any other basis prohibited by federal, state, or local law.

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Product Development Manager • Sandy, UT, US