Product Manager, Commercial Insurance

Reposted 2 Days Ago
Be an Early Applicant
2 Locations
Remote or Hybrid
86K-143K Annually
Senior level
Insurance
The Role
Manage product implementation for P&C insurance, conduct market research, enhance products, and oversee regulatory compliance.
Summary Generated by Built In

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses – and we’re on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career. 

What GBLI offers you:

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • Paid Parental Leave
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Awareness, and Inclusion Committee, and Charitable Giving Committee

The typical starting salary range for this position can vary depending on several factors such as geographic location, education, experience, and skill set.  The full salary range for this position is designed to provide employees with the opportunity to progress and grow within their positions and reflects the competitive market value for these positions across the national market. GBLI, also offers a total compensation plan including bonuses for all positions.

Typical annualized starting salary range for this position:

$85,500 to $143,000

This range reflects base salary only and is not inclusive of bonus potential and other compensation considerations as it relates to the role

Essential Duties & Functions

  • Supporting the implementation of new products by providing underwriting, pricing, compliance and coverage expertise
  • Monitoring ISO circulars, industry publications, and pending legislation to assess product impact and implement required updates
  • Conducting market research, competitor rate, coverage comparison and evaluation of new business opportunities
  • Enhancing products through the development of policy modifications, rate adjustments, manual updates, regulatory filings and responses to state objections in collaboration with actuarial, underwriting and regulator/ legal teams
  • Designing, testing, and implementing underwriting tools, forms, manual updates, and involvement with technology initiatives
  • Managing documentation and implementation of product and system changes
  • Supporting special projects as needed

Qualifications

  • 8+ years of commercial P&C insurance industry business experience either in an Underwriting or a Product capacity; knowledge of commercial products
  • E&S experience preferred but not required
  • Experience in the drafting of policy language
  • Strong communication and presentation skills, with experience influencing senior internal and external stakeholders
  • Experience working with multiple insurance systems and the ability to rapidly learn new applications
  • Independent judgment and sound decision‑making grounded in product, regulatory, and business knowledge
  • Proven leadership and collaboration skills across cross‑functional teams
  • Experience leading cross‑functional initiatives to define business requirements and support product launches
  • Strong problem‑solving skills, adaptability, and the ability to manage multiple priorities effectively
  • Strategic and innovative thinking, with demonstrated project management capabilities
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Top Skills

Commercial Insurance Systems
Underwriting Tools
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The Company
HQ: Bala Cynwyd, Pennsylvania
374 Employees

What We Do

GBLI | Global Indemnity provides specialty property and casualty coverage for a wide range of markets—from small business, manufactured homes, and vacant property to agriculture, professional lines, collectibles, and more. But for all their seeming diversity, these markets have one thing in common. All represent areas typically underserved by more traditional insurance and reinsurance companies: markets in which the member companies that comprise GBLI successfully pursue the mutual goal of profitable growth.

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