Product Management Lead - Traded

Posted 12 Days Ago
Be an Early Applicant
Manhattan, NY
140K-200K Annually
7+ Years Experience
Insurance
The Role
Lead the product management of Traded insurance portfolio worth $400 million, set product vision and roadmap, collaborate with cross-functional teams, establish product management discipline, and drive product innovation.
Summary Generated by Built In

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Do you have a passion for analytics and helping to drive products in the Small Business market towards profitable growth? Do you have a solid track record for working in cross-functional teams to execute strategic initiatives? If you answered yes, then you might be the perfect fit for our company as the Traded Product Management Lead.
As the Traded Product Management Lead, you will have the overall responsibility for managing the product lifecycle of our Traded insurance portfolio, which consists of approximately $400 million in P&L responsibility. You will set the product vision, strategy, and roadmap, and work closely with cross-functional stakeholders such as engineering, design, marketing, sales, underwriting, claims, and customer service to deliver world-class products that meet the needs and expectations of our target segments.
You will also have the responsibility for building the product management discipline within the organization, establishing best practices, processes, and tools to ensure quality, consistency, and efficiency across all product initiatives.
The role sits within the wider Product and Portfolio Management organization and will work closely with the 20 person team, as well as other teammates across the business.
The Main Duties And Responsibilities Of This Role Include

  • Conducting market research and analysis to identify customer segments, needs, pain points, opportunities, and trends in the small commercial insurance space
  • Developing and communicating the product vision, strategy, and roadmap that align with the company’s goals and objectives
  • Defining and prioritizing the product backlog and features based on customer value, business impact, and technical feasibility
  • Collaborating with engineering, design, marketing, sales, underwriting, claims, and customer service teams to deliver products that meet customer requirements and exceed expectations
  • Managing the product launch and go-to-market activities, including developing product positioning, messaging, pricing, and distribution strategies
  • Measuring and monitoring the product performance and customer satisfaction using quantitative and qualitative methods
  • Soliciting and incorporating feedback from customers, stakeholders, and users to continuously improve the product quality and user experience
  • Creating the product team, including hiring, training, mentoring, and coaching
  • Building and maintaining a strong product culture within the organization that fosters innovation, collaboration, and customer-centricity

Person Specification

  • 10+ years of experience in product management, preferably in the insurance or financial services industry
  • 5+ years of experience in leading and managing product teams
  • Bachelor’s degree in business, engineering, computer science, or related field; MBA or advanced degree preferred
  • Strong knowledge of the small commercial insurance market, customer segments, competitors, trends, and opportunities
  • Exceptional skills in product visioning, strategy formulation, roadmap development, prioritization, and execution
  • Excellent communication and presentation skills, with the ability to influence and align senior executives and stakeholders across the organization
  • Highly analytical and data-driven mindset, with the ability to use quantitative and qualitative methods to measure product performance and customer satisfaction
  • Creative and innovative problem-solving skills, with the ability to generate new ideas and solutions that address customer pain points and create value
  • Agile and adaptive working style, with the ability to thrive in a fast-paced and dynamic environment

If you are looking for a challenging and rewarding career opportunity in a growing and innovative company that values your skills and expertise as a product leader apply now!
What We Offer

  • Competitive salary and bonus (based on personal & company performance)
  • 401(k) with competitive company matching
  • Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
  • Company paid group term life, short- term disability and long-term disability coverage
  • 24 Paid time off days, + 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
  • Paid parental leave
  • 4 week paid sabbatical after every 5 years of service
  • Financial Adoption Assistance and Medical Travel Reimbursement Programs
  • Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
  • Company paid subscription to Headspace to support employees’ mental health and wellbeing
  • Recipient of 2021 Cigna’s Well-Being Award for having a best-in-class health and wellness program
  • Dynamic, creative and values-driven culture
  • Modern and open office spaces, complimentary drinks
  • Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation

Position is hybrid with two (2) days required in office weekly. Position can be based in following locations:

Manhattan, NY (salary range $154k-$200k)

West Hartford, CT (salary range $154k-$200k)

Atlanta, GA (salary range $140k-$178k)

#LI-AJ1


Work with amazing people and be part of a unique culture

The Company
Chicago, IL
2,470 Employees
On-site Workplace
Year Founded: 1901

What We Do

Hiscox is a leader in specialist insurance. We seek to provide the best protection and peace of mind for our clients through high quality insurance products, backed with excellent service. We are experts in covering a wide range of personal and commercial risks.

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