Commercial Lines Product Manager
Job Description
Commercial Lines Product Manager
Job Summary
The Commercial Lines Product Manager plays a key role in developing, enhancing, and executing commercial insurance programs that align with market demands and business objectives. This highly technical and hands-on role requires strong industry knowledge, strategic thinking, and the ability to drive product development from concept to launch in a fast-paced environment.
Responsibilities
• Lead the development and execution of new and enhanced commercial lines products and programs.
• Conduct market research, competitive analysis, and regulatory review to ensure product compliance and market relevance.
• Analyze data and industry trends to support decision-making and optimize product performance.
• Manage all aspects of the product lifecycle, from concept through regulatory filing, pricing, launch, and post-launch monitoring.
• Draft and manage filing submissions through SERFF and IRFS in compliance with applicable regulatory requirements.
• Collaborate with internal stakeholders including underwriting, actuarial, IT, compliance, and marketing to ensure cohesive execution.
• Monitor performance metrics to evaluate program success and identify opportunities for continuous improvement.
• Prepare product documentation and presentation materials for internal and external communication.
• Influence and guide cross-functional teams to ensure timely and accurate delivery of projects.
Qualifications/Requirements
• Bachelor’s degree in business, insurance, or a related field.
• Minimum of 5 years of commercial lines product management experience within the insurance industry.
• In-depth knowledge of ISO rules, forms, and regulatory filing processes.
• Proven experience with competitive analysis, regulatory filings, and data-driven product development.
• Strong analytical skills with advanced proficiency in data creation, manipulation, and analysis.
• Experience using SERFF and IRFS for filing submissions.
• Excellent written and verbal communication skills.
• Ability to manage multiple projects and meet tight deadlines.
• Proficiency with Microsoft Office Suite, including Excel, Word, PowerPoint, Outlook, and Access.
• Professional designation such as CPCU or similar certification is preferred.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
Banking, Financial Services, and Insurance
Sales, Business Development, and Finance
Full-time