Location: Waltham, MA (hybrid)
We are seeking a forward-thinking Catastrophe Risk Insurance Product Manager to define and execute the catastrophe (CAT) risk strategy across our commercial lines portfolio. You will shape our CAT risk appetite, lead initiatives that integrate CAT modeling into underwriting and pricing, and guide organizational understanding of CAT exposure and mitigation. This high-impact role sits at the intersection of underwriting, analytics, technology, and product development, with accountability for delivering risk-resilient, profitable growth in CAT-exposed geographies.
What You’ll Do:
- Drive strategy and execution of CAT risk initiatives across commercial lines.
- Establish and refine concentration risk thresholds, exposure metrics, and monitoring frameworks aligned with underwriting and pricing goals.
- Partner with actuarial, underwriting, and engineering to incorporate CAT modeling results into rate plans, pricing segmentation, and eligibility rules.
- Manage vendor relationships and modeling workflows (e.g., RMS, AIR) and build dashboards that monitor evolving CAT risk concentrations.
- Leverage geospatial and custom analytics to assess emerging or non-modeled CAT risks.
- Translate CAT modeling outputs into business insights for profitable growth and risk governance.
- Collaborate cross-functionally to embed CAT risk considerations into product and growth strategies.
- Monitor regulatory, competitive, and technological trends in CAT risk management and drive innovation within the product team.
What We Need:
- 5+ years of experience in commercial P&C insurance product management, risk analytics, reinsurance, or CAT modeling roles.
- Deep understanding of CAT risk drivers, CAT model outputs, and application to insurance pricing and underwriting decisions.
- Proficiency in one or more CAT modeling platforms (e.g. RMS) and geospatial tools.
- Ability to synthesize large, complex datasets into actionable insights for product enhancements.
- Track record of leading cross-functional initiatives and influencing outcomes.
- Clear, structured communication skills for both technical and non-technical audiences.
- Bachelor's degree in a relevant field required; advanced degree (MBA, MS) or insurance certifications (e.g., CPCU, ARe) are a plus.
Note on Fraudulent Recruiting
We have become aware that there may be fraudulent recruiting attempts being made by people posing as representatives of Next Insurance. These scams may involve fake job postings, unsolicited emails, or messages claiming to be from our recruiters or hiring managers.Please note, we do not ask for sensitive information via chat, text, or social media, and any email communications will come from the domain @nextinsurance.com. Additionally, Next Insurance will never ask for payment, fees, or purchases to be made by a job applicant. All applicants are encouraged to apply directly to our open jobs via the careers page on our website. Interviews are generally conducted via Zoom video conference unless the candidate requests other accommodations.If you believe that you have been the target of an interview/offer scam by someone posing as a representative of Next Insurance, please do not provide any personal or financial information. You can find additional information about this type of scam and report any fraudulent employment offers via the Federal Trade Commission's website (https://consumer.ftc.gov/articles/job-scams), or you can contact your local law enforcement agency.
The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible for our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.
Don’t meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
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What We Do
The needs of business owners have significantly changed over the past decade, the insurance industry hasn’t. When you’re running your own business, you’re placing a huge bet on yourself. Your ideas, your passion, your blood, sweat and tears define your success. Next Insurance was created to give your business the coverage it deserves. Simple, affordable and tailored. So no matter what you do, no matter how you define success, we’re right there, next to you. Behind our groundbreaking AI-based technology there are hundreds of us. Data scientists, insurance advisors, product managers, designers & more. We are passionate about helping businesses achieve their goals & are committed to serve the needs of business owners. Even our three founders started their path as small business owners so they have been there and are committed to supporting the journey of your business.
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Next Insurance is looking for explorers who are filled with curiosity, have the desire to travel the unbeaten path, and realize new heights in providing small business owners with the peace of mind to run their businesses. If you move fast, customer-focused, and willing to challenge the status quo, Next Insurance might just be your next journey.
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