Digital Product Manager

Posted 10 Days Ago
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Jersey City, NJ
115K-163K Annually
Senior level
Financial Services
The Role
The Digital Product Manager will lead product strategy and roadmap development for digital initiatives, ensuring market delivery and operational efficiencies. Responsibilities include conducting market research, collaborating with business and engineering teams, and managing product lifecycles in the P&C insurance sector.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Summary

The Arch Insurance Digital Product Management team has responsibility for solving human and business problems with new technology. This role drives the product strategy, product roadmap development, and market delivery/operation of the product offering in assigned business segment. The Digital Product Manager will work closely with business peers and digital product management team members to effectively execute against digital initiatives including Partner Products, Underwriting Applications, and Enterprise Technologies. The incumbent will be an experienced dynamic, multidimensional digital professional who is strategic, technology savvy, and skilled in both product strategy and operational efficiencies. 

 

Responsibilities

  • Perform market research, market validation and whitespace analysis to identify new opportunities for existing and new features and functionality 

  • Partner with product owners/business owners to build product roadmaps that will be incorporated in to the broader company product portfolio plan 

  • Foster close relationships with key market constituents to validate product strategy and roadmap 

  • Plan, prioritize, and manage the product features and requirements from conceptual stages through product life cycles to optimize revenue and meet operational, financial and corporate objectives in their business segment through their thorough understanding of the business segment needs. 

  • Collaborate with the engineering and project management teams to ensure consistent execution of product plans that result in product delivery on time and in budget 

  • Engage business partners to develop and execute action plans to address gaps 

  • Work with IT and Business partners to ensure the digital product in operation are well understood and supported 

  • Partners with business and technical teams to plan and prioritize system releases and specific release content. 

  • Assist with preparation of business case (financial/ROI) analysis to quantify & determine the value to the company of a current or potentially new system/application.

  • Understands the business and follows the software development methodology and processes and is effectively working with the software engineering/development teams.

 

Knowledge & Skills

  • A background in the commercial P&C insurance industry 

  • Strong knowledge in P&C Policy and Billing Capabilities

  • Experience with Guidewire Policy and Billing implementations. Specifically in a planning or requirements gather role.  

  • Understanding of usability and user experience best practices 

  • Experience synthesizing qualitative and quantitative data to drive decisions for building best in class digital products 

  • Understanding of product lifecycle development 

  • Experience defining digital content experiences 

  • Ability to evaluate, analyze and interpret the voice of the customer through a variety of data sources 

  • Ability to be strategic and tactical in day to day interactions  

  • Good consensus building skills 

  • Ability to convey technical concepts in a clear, understandable way   

  • Ability to overcome internal barriers and negotiate resource constraints to produce successful digital initiatives 

  • Good communication and presentation skills

  • Prior experience working with 3rd party vendors to deliver results 

  • Ability to establish credibility, influence and effective working relationships with peers and stakeholders

  • Comfortable interacting and partnering at all levels across the organization 

  • Ability to make decisions in a fast-paced, deadline-driven and rapidly changing environment  

 

Education & Experience

 

Required knowledge & skills would typically be acquired through a Bachelor’s Degree in business, computer science or related field (or equivalent in experience) with 3 to 5 years or related experience.  

Working Conditions/Environment & Physical Demands

Normal office environment 

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For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

 $115,000 - $163,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above range may be modified in the future

  • Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

Top Skills

Guidewire
The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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