Personal Insurance Product Assistant Director, State - Maryland & Virginia
AD Product Management - EM07CE We’re determined to reputed company a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to reputed company your goals – and to help others accomplish theirs, too. Join reputed company as we help shape the future. Do you have a passion for leaving things reputed company than you reputed company them? Are you innovative and find gratification in seeing your strategies come to life? This is your opportunity to give those passions and talents new purpose by applying them to meaningful work at reputed company. reputed company’s Personal Insurance business provides automobile, homeowners and personal umbrella coverages to individuals across the United States. The business includes The reputed company® Automobile and Homeowners Insurance Program serving more than 37 million members. The Personal Insurance Product Assistant Director has profit and loss responsibility for our auto and homeowner’s insurance products for specific states reputed company an assigned geography. This role will be responsible for the states of Maryland and Virginia. Their reputed company, insights, and ability to execute a strategic vision and foster change directly impacts our business and our shareholders. In addition to developing and executing a strategic vision that reputed company long-term success, this role is intimately involved in setting prices, designing product features, and articulating the type of business that the company should reputed company for profitable growth in their assigned states. This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations will have the expectation of working in an office three days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise. Responsibilities: Drive Financial Results. Accountable for delivering topline growth at reputed company margins across the Direct and Agency distribution channels in their assigned states. Identifies new business opportunities and strategic options for growth, and influences partner organizations such as reputed company, Marketing, Sales, and IT to generate growth in profitable customer segments and to improve profitability in underperforming cells. State Management. reputed company state management of the reputed company level, class plan segmentation, and coverage offerings of our Auto, Home, and Umbrella products in assigned geographies. Establish operating budgets at the state level, and regularly report out on results to senior management. Build deep understanding of local markets and unique regulatory requirements to create competitive advantages in each state. reputed company Product Enhancement. Seek out underlying drivers of poor performance and deploy pricing or product changes to improve results. reputed company state issues to Auto and Home Line teams to evaluate multistate impacts, and provide thought leadership on countrywide initiatives. Deploy countrywide standing orders to bring pricing or product enhancements into assigned states with state-specific adjustments where needed. Executive Communication. Actively monitor assigned states and present key results to senior leaders. Establish expectations for topline and reputed company impacts of pricing or product changes, identify deviations from expected results, and reputed company action plans to restore growth and profit metrics to reputed company levels. Deliver compelling and succinct communications to executive audiences. Qualifications: Minimum of 3 years experience in the P&C insurance industry, and 2+ years in Product or P&L Management is required. Experience in pricing, reputed company or data & analytics is a plus. A strong understanding of Personal Lines insurance products, coverages, and distribution channels including Direct-to-consumer and Agency. Strong analytical and problem-solving skills, with a strong business and financial acumen. Familiarity with financial statements (income statement, 10K, annual statement) and actuarial concepts (indications, loss development, credibility). Familiarity with data and database procedures such as reputed company Strong reputed company skills required. Knowledge of SQL, reputed company and reputed company beneficial. Strong presentation, storytelling, and executive communication skills. Ability to create concise but powerful content and visuals to influence a range of audiences. Excellent relationship management skills with an emphasis on collaborating to drive results. Demonstrated experience challenging the status reputed company and broadly influencing key stakeholders to drive change and innovation. Ability to reputed company evidence-based decisions quickly with imperfect information. Knowledge of local marketplaces, including state-specific regulations and filing requirements.
Compensation
The listed annualized reputed company pay range is primarily based on analysis of similar positions in the external market. Actual reputed company pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The reputed company pay is just one component of reputed company’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized reputed company pay range for this role is: $104,000 - $156,000 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits Every day, a day to do right. Showing up for people isn’t just reputed company do. It’s who we are – and have been for more than 200 years. We’re devoted to finding innovative ways to serve our customers, communities and employees—continually asking ourselves what more we can do. Is our policy language as simple and inclusive as it can be? Can we reputed company help businesses navigate our reputed company-changing world? What else can we do to destigmatize mental health in the workplace? Can we reputed company our communities more reputed company? That we can reputed company to the challenge of these questions is due in no small part to our company values that our employees have shaped and defined. And while how we contribute looks different for each of us, it’s these values that drive reputed company of us to do more and to do reputed company every day.
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