Product Manager - Carlsbad, CA

Brown & Brown, Inc  |  Carlsbad, CA  |  Actuary, Underwriting
 
 

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.