Company Overview
Brown & Brown is an independent insurance intermediary that through its licensed subsidiaries provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. Headquartered in Daytona Beach, Florida, offices are located across the United States, with products and services offered through four major business divisions. We are listed on the NYSE as BRO. Our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. This unique culture has enabled us to quickly chase down new opportunities, adapt our products and services to best meet market demands, and satisfy our many and varied clients. Our drive to be the best has made Brown & Brown one of the largest and most respected independent insurance intermediaries in the nation, with 75 years of continuous service.
Job Overview
Product Manager - Carlsbad, CA
Arrowhead General Insurance Agency, Inc. is seeking a talented Product Manager to join our team in Carlsbad, CA. In this role, you will be responsible for managing personal lines homeowners insurance products in multiple states. Our office will further rely on you to ensure new product development along with the enhancement and maintenance of existing homeowner programs.
Responsibilities:
- Designs, develops and prices personal property products for assigned group of states
- Understands, analyses and develops action plans based on a wide range of data, including loss ratios, actuarial indications, frequency/severity trends, retention and other actuarial data for all products
- Analyzes market/competitive conditions including coverages and rate structures
- Plans, budgets and forecasts premium projections
- Analyzes and develops statistical/financial product-projections and cost structures associated with all products
- Manages all aspects of the product by utilizing effective communication with various divisions, including actuarial, information systems, marketing, underwriting, compliance, reinsurers, insurers and claims. Includes training of underwriters, customer service and marketing on assigned products
- Stays current on market changes including regulatory changes and their effects on assigned products
- Produces regular reports for management, carriers and reinsurers
- Develops and maintains a comprehensive network of contacts within each market place
- Files rate/rule and form filings and seeks approvals from the Department of Insurance
- Communicates with regulatory officials on interpretation and compliance issues
- Ultimately responsible and accountable for the success of assigned products as measured against production, loss ratio and profitability goals
Required Competencies:
- A minimum of three years' homeowners/personal property product management experience a plus
- Advanced Excel, Access and other MS Office product skills required (SQL or SAS a plus)
- Strong understanding and working knowledge of insurance concepts such as loss ratios, actuarial indications, frequency/severity, retention etc.
- Experience with rate making methodologies and familiarity with catastrophe and predictive modeling techniques
- Ability to work independently
- Strong sense of accountability
Preferred:
- Multi-state Homeowners experience, FL and other coastal states
We are an Equal Opportunity Employer.
We take pride in the diversity of our team and seek diversity in our applicants.