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About the Role
The Associate Product Manager will own the P&L and play a key role in shaping, scaling, and driving the profitable growth of a high potential growth state. You will analyze product performance, develop actionable recommendations, and manage projects that support the growth and profitability of our auto insurance portfolio. You will partner closely with cross-functional teams to execute initiatives that advance business objectives and deliver long-term results. Success requires an understanding of market dynamics, competitor activity, and the regulatory landscape. You will independently lead state-specific priorities while collaborating with leadership on broader strategic initiatives.
Responsibilities
- Manage defined personal Auto product projects, including analysis, recommendations, implementation coordination, and performance monitoring.
- Support business planning through analysis, recommendations, and execution of assigned initiatives to achieve profit and growth objectives.
- Conduct market research and competitor analysis to identify opportunities and gaps.
- Analyze and recommend product enhancements, pricing changes, and coverage options that align with customer needs and regulatory requirements.
- Monitor product performance metrics, investigate trends and gaps, and develop recommendations to address opportunities.
- Independently manage assigned projects and analyses, coordinate with business partners, and present findings and recommendations to management.
Requirements
- Bachelor’s degree in Business, Insurance, Finance, or other quantitative field of study.
- 4+ years of experience in P&C insurance product management, underwriting, or a related analytical role.
- Strong knowledge of insurance pricing and underwriting principles.
- Demonstrated ability to analyze data, investigate business issues, and translate findings into practical recommendations.
- Ability to take ownership of assigned business issues, exercise sound judgment, and see projects through to resolution while seeking guidance when appropriate.
- Strong analytical, problem-solving, communication, and project management skills.
- Ability to collaborate effectively with business partners, coordinate project activities, and follow through on commitments.
- Ability to clearly explain analyses and recommendations to technical and non-technical audiences.
- Experience working with state departments of insurance on rate filings.
- SQL and Python experience required.
Skills
- SQL
- Python
- Analytical skills
- Problem-solving skills
- Communication skills
- Project management skills
Location
- Boston, Massachusetts
Work Type
- Onsite
Experience Level
- 4+ years of experience
Education Level
- Bachelor’s degree
- Advanced degree or insurance designation (e.g. CPCU) is a plus
Salary/Compensations
- $123,000 to $164,000 annually
Benefits
- 4 weeks accrued paid time off + 9 paid national holidays per year
- Free onsite gym at our Boston Location
- Tuition Reimbursement
- Low cost and excellent coverage health insurance options that start on Day 1 (medical, dental, vision)
- Robust health and wellness program and fitness reimbursements
- Auto and home insurance discounts
- Matching gift opportunities
- Annual 401(k) Employer Contribution (up to 7.5% of your base salary)
- Various Paid Family leave options including Paid Parental Leave
- Resources to promote Professional Development (LinkedIn Learning and licensure assistance)
- Convenient location directly across from South Station and Pre-Tax Commuter Benefits
About the Company
- The Plymouth Rock Company and its affiliated group of companies write and manage over $2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic.
- We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry.
- The Plymouth Rock group of companies employs more than 1,900 people and is headquartered in Boston, Massachusetts.
- Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”