Senior Product Manager - Insurance

Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze and mitigate exposure to climate risk. Arbol’s products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. Arbol’s key differentiator versus traditional InsurTech or climate analytics platforms is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive climate data infrastructure, scalable product development, automated, instant pricing using an artificial intelligence underwriter, blockchain-powered operational efficiencies, and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors, Arbol brings scale, transparency, and efficiency to parametric coverage.

Arbol National Insurance Managers is seeking a Senior Product Manager, well versed in insurance, to join our team! As an experienced professional capable of guiding insurance products throughout their lifecycle, you will lead our company’s efforts in a state or territory to deliver profitable growth. You will monitor, manage, and execute changes to our company’s rates, rules, and forms as we strive to innovate to provide more value to our agents and customers than our competitors. And you will make coverage, pricing, and other business recommendations to underwriting, claims, finance, and senior management. Reporting to the Director of Product Management, you will play a key role in executing Arbol’s vision to profitably provide coverage-driven product solutions to our customers.

What You'll Be Doing

• Deliver profitable growth in managed states/territories through understanding markets, loss trends, and regulatory requirements
• Develop, implement, monitor, and recommend changes to personal property insurance products
• Analyze product performance metrics (loss ratio, frequency, severity, hit ratio, retention, etc.) and recommend/implement changes to optimize results
• Conduct sophisticated analysis of product mix, quote-to-bind conversion rates, claims frequency, and retention strategies.
• Identify and evaluate new market opportunities through complex market analysis and competitive intelligence
• Coordinate with the pricing team to develop competitive pricing structures using ISO tools, proprietary rating elements, and advanced economic models
• Design and recommend automated compliance systems to improve operational efficiency
• Serve as subject matter expert for regulatory initiatives and state-specific requirements
• Partner with actuarial on rate selection, and execute filings for rates, rules, and forms
• Monitor the competitive environment by gathering intelligence from marketing and our agents and analyzing competitor rate changes
• Understand all relevant regulations and work with regulatory entities to secure filing approvals
• Guide and support Business Analyst and IT resources to deliver product changes accurately and on time

What You'll Need

• Three or more years of property & casualty product management experience, and five or more years of property & casualty insurance experience
• Bachelor’s degree in risk management & insurance, actuarial sciences, finance, business, or related field
• Excellent quantitative analysis capabilities and experience working with large datasets
• Strong leadership, communication, and problem-solving abilities
• Experience working in a fast-paced, team-oriented environment with shared resources
• CPCU, actuarial exams, or other related insurance coursework preferred

$90,000 - $110,000 a year

Candidates for this role must be located in the United States.

Interested, but you don’t meet every qualification? Please apply!

Arbol values the perspectives and experience of candidates with non-traditional backgrounds and we encourage you to apply even if you do not meet every requirement.

Accessibility

Arbol is committed to accessibility and inclusivity in the hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you require an accommodation to apply or interview, please contact [email protected]

Benefits

Arbol is proud to offer its full-time employees competitive compensation and equity in a high-growth startup. Our health benefits include comprehensive health, dental, and vision coverage, and an optional flexible spending account (FSA) to support your health. We offer a 401(k) match to support your future, and flexible PTO for you to relax and recharge.